What is the Limit of authorized capital of RRBs as per the New Regional Rural Banks (Amendment) Bill, 2014?
1) 2000 crore
2) 1000 crore
3) 3000 crore
4) 4000 crore
answer
1) 2000 crore
Other details
1) authorised capital is increased from 5 crore to 2000 crore
2) paid up capital should be minimum Rs 1 crore
3)One Director Of RRB cannot be dirctor in another RRB
4) Minimum tenure is 3 years and maximum of 6 years of Directors
1) 2000 crore
2) 1000 crore
3) 3000 crore
4) 4000 crore
answer
1) 2000 crore
Other details
1) authorised capital is increased from 5 crore to 2000 crore
2) paid up capital should be minimum Rs 1 crore
3)One Director Of RRB cannot be dirctor in another RRB
4) Minimum tenure is 3 years and maximum of 6 years of Directors
