WHICH OF THE FOLLOWING GUIDELINES WERE ISSUED BY RESERVE BANK OF I...
20. Which of the following guidelines were issued by Reserve Bank of India in January 1993 for the
entry of Private Sector Banks in the wake of Narasimham Committee recommendations?
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(a) The new bank upon being granted licence under the banking Regulation Act by RBI, shall be
registered as a public limited company under the Companies Act, 1956
(b) Its inclusion in the second Schedule to the reserve bank of India Act, 1934 shall be subject to
Reserve Bank’s
decision,
(c) Preference would be given to those banks the headquarters of which are proposed to be located in
the center which does not have the headquarters of any other bank,
(d) (1) and (3)
(e) All of the above