Economics · Indian Economy
As per the guidelines issued by the Reserve Bank of India, what is the current minimum initial paid-up equity capital required to set up a new universal private sector bank?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1₹500 crore✓
- 2₹300 crore
- 3₹200 crore
- 4₹100 crore
Correct answer
₹500 crore
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