Which of the following statements is/are correct about the Small Finance Banks(SFBs)? 1. Small Finance Banks is a specific segment of banking created by RBI under the guidance of Government of India with an objective of furthering financial inclusion. 2. Small Finance Banks can indulge in lending but cannot accept demand deposits. 3. SFBs are subject to all prudential norms and regulations of RBI as applicable to existing commercial banks like maintenance of Cash Reserve Ratio (CRR) and Statutory Liquidity Ratio (SLR). Select the correct answer using the codes given below:

Warning: include(./views/auth.php): failed to open stream: Permission denied in /var/www/html/live/loginRightSlider.php on line 18

Warning: include(): Failed opening './views/auth.php' for inclusion (include_path='.:/usr/share/php') in /var/www/html/live/loginRightSlider.php on line 18

UPSC & State PSC

1012 followers study24x7

01 Jan 1970 05:30 AM study24x7

Which of the following statements is/are correct about the Small Finance Banks(SFBs)? 1. Small Finance Banks is a specific segment of banking created by RBI under the guidance of Government of India with an objective of furthering financial inclusion. 2. Small Finance Banks can...

1 and 2 only

2 and 3 only

1 and 3 only

1, 2 and 3