Q. According to the Reserve Bank of India, what is one of the eligibility criteria for a Small Finance Bank (SFB) to transition into a Universal Bank ?

The correct answer is: d) Minimum net worth of ₹ 1,000 crore

Explanation:

The Reserve Bank of India (RBI) has established specific eligibility criteria for Small Finance Banks (SFBs) wishing to transition to Universal Banks. One of the key requirements is a minimum net worth of ₹1,000 crore as of the end of the previous quarter

Therefore, the correct answer to the question is:d) Minimum net worth of ₹1,000 crore.

Source: ET Explains: The regulatory benefits for small finance banks transitioning to universal banking – The Economic Times