the government wants to provide public sector banks quot right to the | Examsbook

464

Q:
The government wants to provide public sector banks "right to the passage". What is the right to the passage?

1
the banks can raise equity capital through rights issue.
2
the banks can seize the hypothecated goods.
3
the banks can raise tier 1 capital
4
the banks can issue various bonds

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Answer : 1. "the banks can raise equity capital through rights issue."
Explanation :
If the RE does not respond within a period of 30 days after lodgment of the complaint or rejects the complaint wholly/partly or if the complainant is not satisfied with the response/resolution given by the RE, the complainant can lodge his complaint under the RB-IOS, 2021.

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