If a bank needs to attract Provident Fund Deposits, what are the criteria that banks must possess?

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Question:
If a bank needs to attract Provident Fund Deposits, what are the criteria that banks must possess?

1.Capital adequacy of 9%

2.Profitability in preceding 3 years

3.Minimum of Rs.200 crores as net worth

4.All of the above

Posted Date:-2021-10-25 14:25:32

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