Multiple choice

A primary (Urban) cooperative bank can provide safe deposit locker facility to its customers only if its NPA level is below ________ and it has earned Net Profit for the last ________ years and more.

  1. 10%, 2

  2. 9%, 2

  3. 8%, 3

  4. 7%, 3

  5. 6%, 2

Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

For an Urban Cooperative Bank to provide safe deposit locker facilities, RBI mandates an NPA level below 7% and a net profit record for the last 3 years.

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