Economics · Banking Regulation
As per Section 12(2) of the Banking Regulation Act, 1949, what is the maximum voting right a single shareholder can exercise in a banking company?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 126% of total voting rights automatically from the date of investment
- 220% of total voting rights unconditionally
- 310% of total voting rights, capped up to 26% in a phased manner by RBI✓
- 45% of total voting rights
Correct answer
10% of total voting rights, capped up to 26% in a phased manner by RBI
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