The Reserve Bank of India regulates the commercial banks in matters of
(1). liquidity of assets
(2). branch expansion
(3). merger of banks
(4). winding-up of banks
Select the correct answer using the codes given below.
The Reserve Bank of India regulates the commercial banks in matters of
(1). liquidity of assets
(2). branch expansion
(3). merger of banks
(4). winding-up of banks
Select the correct answer using the codes given below.
Answer:
(d)
Core Books/NCERT
All statemets are implied from the fact that RBI is regulator of Banks. One could think that merger might come under CCI only but its comes both under CCI and RBI. 1. CRR, SLR etc.2. Press Information Bureau English Releases As per Reserve Bank of India’s (RBI) Branch Authorisation Policy, general permission has been granted to domestic Scheduled Commercial Banks (other than RRBs) to open branches / mobile branches / Administrative Offices / CPCs (Service Branches), (i) in Tier 3 to Tier 6 centres (with population up to 49,999) and (ii) in rural, semi-urban and urban centres of the North-Eastern States and Sikkim subject to reporting. Opening of branches by these banks in Tier 1 and Tier 2 centres (centres with population of 50,000 and above) requires prior approval of RBI except in North Eastern States and Sikkim. Banks apply for authorisations for opening of branches in Tier 1 and Tier 2 centres in their Annual Branch Expansion Plan. 3. Mergers and acquisitionsTikdam: