1.

1). 500 Cr2). 400 Cr3). 300 Cr4). 200 Cr

Answer»

For Small Finance Banks

  • The MINIMUM paid-up equity capital for small finance banks shall be Rs. 100 crore.
  • The PROMOTER’s minimum initial contribution to the paid-up equity capital of such small finance bank shall at least be 40 per cent and gradually brought down to 26 PERCENT within 12 years from the date of COMMENCEMENT of BUSINESS of the bank.

For Payments Bank

  • The minimum paid-up equity capital for payment banks shall be Rs. 100 crore.
  • The promoter’s minimum initial contribution to the paid-up equity capital of such payments bank shall at least be 40 percent for the first five years from the commencement of its business.


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