The minimum paid-up capital to start a new commercial bank in Bangladesh is -- ?
A
Tk. 1 billion
B
Tk. 2 billion
C
Tk. 3 billion
D
Tk. 4 billion
Correct Answer: Tk. 4 billion
In a circular, the BB said it raised the minimum ceiling of paid - up capital and statutory reserve of all scheduled banks operating in Bangladesh to Tk 400 crore from current Tk 200 crore. Of the Tk 400 crore, Tk 200 crore will be paid - up capital.