Current Affairs · Banking and Financial Market Reforms
Consider the following statements regarding the financial market reforms announced by the Reserve Bank of India (RBI): 1. The RBI allows Indian banks to finance corporate takeovers directly without any restriction. 2. RBI regulations allow Indian banks and their overseas branches to extend rupee-denominated loans to residents of neighbouring countries like Nepal and Bhutan. 3. The lending limit for loans against shares has been revised down to ₹20 lakh for all commercial banking activities. Which of the statements given above is/are correct?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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2 only
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