Discussion
The Voting Right of any shareholder in Payment Banks is capped at __ ?
Answer: D
Correct answer: 10 %
Any shareholder’s voting rights are capped at 10 per cent of the total, whatever the size of the shareholding, and the Reserve Bank may raise that cap to 26 per cent. The provision separates control from ownership and prevents a single shareholder dominating a bank through a large stake alone.
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