Question
What is the maximum exposure limit for a bank to a
single NBFC predominantly engaged in lending against collateral of gold jewellery?Solution
The exposure of a bank to a single NBFC which is predominantly engaged in lending against collateral of gold jewellery (i.e. such loans comprising 50 per cent or more of their financial assets), shall not exceed 7.5 per cent of the bank’s capital funds (Tier I plus Tier II Capital). However, this exposure ceiling may go up by 5 per cent, i.e., up to 12.5 per cent of banks’ capital funds if the additional exposure is on account of funds on-lent by such NBFCs to the infrastructure sector as detailed in circular on Bank Finance to NBFCs Predominantly Engaged in lending against Gold dated May 18, 2012.
- Given below are two statements: - Statement I - Â ATP synthase produces ATP as protons diffuse back through it from the lumen into the stro... 
- What is the propagation method of cashew? 
- Phosphatase enzyme play a major role in ______ of organic phosphates in soil. 
- Adoption index suitable for Laggards is 
- Antioxidant intake reduces risk of 
- The fundamental objective extension education is of 
- Under Pradhan Mantri Kisan Maan Dhyan yojana which category of farmers are eligible 
- Dichogamy contribute to cross-pollination in hermaphroditic species? 
- Which stages are the most sensitive to water deficit in groundnut? 
- Recently, the Government of Uttarakhand has launched a scheme on skill development. One of the key features of the scheme is that youths interested in p...