According to RBI guidelines, the net NPA of a bank should be less which among the following fractions of overall assets to be eligible for insurance broking?
According to RBI guidelines, the net NPA of a bank should be less which among the following fractions of overall assets to be eligible for insurance broking?
[A]Five percent
[B]Three percent
[C]Seven percent
[D]Eight percent
Three percent
The Reserve Bank of India has issued the final guidelines for banks to become insurance brokers. As per the guidelines, the net NPA of a bank should be less than three per cent of overall assets to be eligible for insurance broking.