Current Affairs · Banking and Economy
The Banking Laws (Amendment) Act, 2025 revised the threshold for determining 'substantial interest' in a company/bank to ₹2 crore. What was the monetary threshold for 'substantial interest' under the Banking Regulation Act, 1949 prior to this amendment?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1₹50 lakh
- 2₹10 lakh
- 3₹5 lakh✓
- 4₹1 crore
Correct answer
₹5 lakh
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