Sail E0 Webinar
Question
Reserve Bank of India (RBI) has overhauled rules for extending what amount of loans to directors of other banks and relatives of directors?
Options:
A .  Rs 5 crore
B .  Rs 10 crore
C .  Rs 12 crore
D .  Rs 23 crore
Answer: Option A

Reserve Bank of India (RBI) has overhauled rules for extending loans to directors of other banks and relatives of directors. As per the amendments, the central bank has allowed banks to extend personal loans up to Rs. 5 crores to directors of other banks.



Was this answer helpful ?
Next Question

Submit Solution

Your email address will not be published. Required fields are marked *

Latest Videos

Latest Test Papers