Economics · Banking Regulation
According to RBI guidelines, what is the minimum net worth required for a bank to act as a promoter/equity participant in an insurance joint venture?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Rs. 500 crore✓
- 2Rs. 1000 crore
- 3Rs. 250 crore
- 4Rs. 100 crore
Correct answer
Rs. 500 crore
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