29 November 2021 Current Affairs
Which state has emerged as the poorest state in India at all dimensions in the inaugural national MPI released by NITI Aayog?
The initial paid-up voting equity share capital/ net worth required to set up a new universal bank has been increased to Rs 1000 crore (from present Rs 500 crore).
The cap on promoters' stake in the long run of 15 years has been raised from 15 percent (earlier) to 26 percent of the paid-up voting equity share capital of the bank.
EXAMIANS