Maximum loan size to a single person cannot exceed ________ of total capital funds. A. 30% B. 20% C. 11% D. 10% E. None of the Above

1 Answer

Answer :

D. 10% Explanation: Maximum loan size to a single person cannot exceed 10% of total capital funds; cannot exceed 15% in the case of a group. Small finance bank can lend 75% of their total adjusted net bank credit to priority sector Maximum loan size would be 10% of capital funds to single borrower, 15% to a group Minimum 50% of loans should be up to 25 lakhs.

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