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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.
While releasing the offenders after admonition under The Probation of Offenders Act, 1958, which of the following fact need not be taken into considerat...
As per section 3 of the Competition Act no enterprise or association of enterprises or person or association of persons shall enter into any agreement ...
It was held by the Court in the case of ________ “it is not for litigant to dictate to the Court as to how the proceedings should be conducted, it is ...
Which Schedule of the Constitution of India prescribe Forms of Oaths and Affirmations?
During re-examination of a witness:
When a Food Safety Officer takes a sample of food for analysis, he shall divide the sample into ……….. parts
As per the Judgment in case of Keshavananda Bharti clause (4) of Art. 13 of the constitution in relation to Art. 368 has been______
If A is unable to give sureties required u/s 436 of the Criminal Procedure Code, in spite of one whole week time given, police officer will:
If an instrument involves multiple distinct matters, how is the duty calculated under the Maharashtra Stamp Act?
Which section of the Indian Evidence Act, 1872 deals with Refreshing memory?
