As per the Reserve Bank of India (RBI) data on global operations, aggregate gross advances of Public Sector Banks (PSBs) increased more than 25% from 2008 to 2014. As per RBI inputs, the primary reasons for spurt in stressed assets have been observed to be which of the following? 1. Wilful default / loan frauds / corruption in some cases 2. Aggressive lending practices of banks 3. Economic Slowdown 4. CAR norms which mandates Indian banks to maintain a CAR of 9% under Basel Norms. Select the correct answer using the codes given below - Study24x7
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As per the Reserve Bank of India (RBI) data on global operations, aggregate gross advances of Public Sector Banks (PSBs) increased more than 25% from 2008 to 2014. As per RBI inputs, the primary reasons for spurt in stressed assets have been observed to be which of the followin...

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A

1 only

B

1 and 2 only

C

1, 2 and 3 only

D

1, 2, 3 and 4

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