What should be the paid up capital of the bank to be a Scheduled Commercial Bank as per the RBI Act 1934? - Study24x7
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265 followers study24x7 09 Oct 2020 08:15 PM study24x7 study24x7

What should be the paid up capital of the bank to be a Scheduled Commercial Bank as per the RBI Act 1934?

A

Rs 10 lakhs

B

 Rs 1 crore

C

Rs 5 lakhs

D

Rs 5 crore

Banking
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