Economics · Banking Sector
According to the Reserve Bank of India (RBI) guidelines, what is the minimum paid-up equity capital required to set up a new universal bank in the private sector?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1₹100 Crore
- 2₹500 Crore✓
- 3₹200 Crore
- 4₹50 Crore
Correct answer
₹500 Crore
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