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.

Originally written on January 22, 2015 and last modified on January 22, 2015.

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