Question
A PCA Framework for NBFCs has also been put in place to
further strengthen the supervisory tools applicable to NBFCs, The same shall apply to:? Read the following passage and answer the next 5 question Central Bank along with a clutch of other lenders was placed under RBI's prompt corrective action (PCA) in 2017 after the regulator found some state-run lenders were in breach of its rules on regulatory capital, bad loans and leverage ratios. Since then all the lenders except Central Bank have improved their financial health and come off RBI's PCA list. A bank under PCA faces greater scrutiny by the regulator and may face lending and deposit restrictions, branch expansion and hiring freezes and other limitations on borrowings. The RBI introduced these norms at a time when Indian lenders were battling record levels of soured assets, prompting the RBI to tighten thresholds. Source: economictimesSolution
PCA Framework for NBFCs has also been put in place to further strengthen the supervisory tools applicable to NBFCs. This shall apply to: Â All Deposit-Taking NBFCs [Excluding Government Companies], Â All Non-Deposit Taking NBFCs in Middle, Upper, and Top Layers [Excluding - (i) NBFCs not accepting/not intending to accept public funds; (ii) Government Companies, (iii) Primary Dealers, and (iv) Housing Finance Companies]. Â The PCA Framework for NBFCs shall come into effect from October 1, 2022, based on the financial position of NBFCs on or after March 31, 2022.
In Excel, when using a Pivot Table to analyze sales data by product and region, which feature allows you to apply different calculations (like average, ...
In descriptive statistics, what is the main advantage of using the median over the mean as a measure of central tendency in data analysis?
Which of the following is the most important reason for calculating the sample size correctly in data analysis?
In healthcare, how can trend analysis most effectively enhance patient care?
Which Python library is mainly used for machine learning?
In R, which function is used to view the first few rows of a dataset?
A developer is tasked with implementing a task scheduling system where multiple tasks with dependencies need to be executed. Which data structure would ...
In developing a fraud detection model for online transactions, a data analyst should use a technique capable of identifying anomalous patterns. Which of...
Which of the following is NOT true about binary search ?
A scatter plot reveals a strong positive linear relationship between two variables. Which of the following is the most appropriate statistical measure t...
