Q. Which of the following statement is wrong about Small Finance Banks? (Solved)
1. It can be Business Correspondent (BC) for another bank
2. Large public sector entities and industrial and business houses cannot open Small Finance Bank
3. SFBs are encouraged to lend to SHGs
4. SFBs will be covered by the Banking Ombudsman (BO) Scheme
- a. It can be Business Correspondent (BC) for another bank