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Banks should not invest in Zero Coupon Bonds (ZCBs) issued by NBFCs unless the issuer NBFC builds up sinking fund for all accrued interest and keeps it invested in liquid investments / securities (Government bonds). Banks are permitted to also invest in Non-Convertible Debentures (NCDs) with original or initial maturity up to one year issued by NBFCs. However, while investing in such instruments banks should be guided by the extant prudential guidelines in force, ensure that the issuer has disclosed the purpose for which the NCDs are being issued in the disclosure document and such purposes are eligible for bank finance.
If the order of the letters in the English alphabet is reversed and each letter represents the letter whose position it occupies, then which one of the...
Consider the following statements:
1. Between 3:16 p.m. and 3:17 p.m., both hour hand and minute hand coincide.
2. Between 4:58 p.m. ...
How many seconds in total are there in x weeks, x days, x hours, x minutes and x seconds?
Following is a matrix of certain entries. The entries follow a certain trend row-wise. Choose the missing entry (?) accordingly.
7BÂ Â Â Â Â Â...
There are eight equidistant points on a circle. How many right-angled triangles can be drawn using these points as vertices and taking the diameter as ...
What is the remainder when 91 × 92 × 93 × 94 × 95 × 96 × 97 × 98 × 99 is divided by 1261?
Consider the Question Statements given below and two Question : Is 2 brother of X?
Statement-1: X is a brother of Y and Y is a brother of Z. <...
A bill for ₹1,840 is paid in the denominations of ₹50, ₹20 and ₹10 notes. 50 notes in all are used. Consider the following statements:
What is the smallest number greater than 1000 that when divided by any one of the numbers 6, 9, 12, 15, 18 leaves a remainder of 3?
In a tournament of Chess having 150 entrants, a player is eliminated whenever he loses a match. It is given that no match results in a tie/draw. How ma...
