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Discussion

A payments bank will be recognized as Systematically Importatant when the net worth of the bank reaches _____ 

  • A.Rs 350 crore
  • B.Rs 500 crore
  • C.Rs 550 crore
  • D.Rs 800 crore

Answer: B

When the payment bank reaches the net worth of Rs.500 crore, and therefore becomes systemically important, diversified ownership and listing will be mandatory within three years of reaching that net worth.

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