Current Affairs · Banking & Financial Regulations
Regarding the applicability of the Risk-Based Premium (RBP) framework for deposit insurance effective April 1, 2026, which of the following conditions or entities are correctly identified? 1. The risk-based premium framework is mandatory for all deposit-taking institutions, including Local Area Banks, starting April 1, 2026. 2. Local Area Banks are required to continue paying the standard flat card rate of 12 paise per ₹100 Assessable Deposits. 3. Payments Banks do not transition to risk-based metrics and are required to continue paying the standard flat card rate. 4. Regional Rural Banks are permanently excluded from the risk-based premium framework and will continue paying a flat rate of 10 paise per ₹100. Select the correct option:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 13 and 4 only
- 22 and 3 only✓
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- 41 and 2 only
Correct answer
2 and 3 only
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