The Reserve Bank of India (RBI) has permitted non-banking finance companies operating as Infrastructure Debt Fund (IDF-NBFCs) to raise money through external commercial borrowings (ECBs). Which of the following statements is/are correct with respect to the information provided above ?
I. These external commercial borrowings will be subject to a minimum tenor of five years, and IDF-NBFCs are prohibited from sourcing the ECB loans from the foreign branches of Indian banks, as stated by the RBI in communication to the companies.
II.An IDF-NBFC shall be required to have an NOF of at least ₹300 crore and capital-to-risk weighted assets ratio (CRAR) of minimum 15 per cent (with minimum Tier 1 capital of 10 per cent).
III.The exposure limits for IDF-NBFCs shall be 40% of their Tier 1 capital for single borrower/ party and 50% of their Tier 1 capital for a single group of borrowers/ parties.
IV.Currently, there are three active IDF-NBFCs: NIIF Infrastructure Finance Ltd, India Infradebt Ltd, and Kotak Infrastructure Debt Fund, with combined assets under management (AUM) of about Rs 36,000 crore.
The Reserve Bank of India (RBI) has permitted non-banking finance companies operating as Infrastructure Debt Fund (IDF-NBFCs) to raise money through external commercial borrowings (ECBs). These borrowings will be subject to a minimum tenor of five years, and IDF-NBFCs are prohibited from sourcing the ECB loans from the foreign branches of Indian banks, as stated by the RBI in communication to the companies. An IDF-NBFC shall be required to have an NOF of at least ₹300 crore and capital-to-risk weighted assets ratio (CRAR) of minimum 15 per cent (with minimum Tier 1 capital of 10 per cent). The exposure limits for IDF-NBFCs shall be 30% of their Tier 1 capital for single borrower/ party and 50% of their Tier 1 capital for single group of borrowers/ parties. Currently, there are three active IDF-NBFCs: NIIF Infrastructure Finance Ltd, India Infradebt Ltd, and Kotak Infrastructure Debt Fund, with combined assets under management (AUM) of about Rs 36,000 crore.
Statements: Some pins are mirrors.
All mirrors are boxes.
Conclusions:I. Some boxes are pins.
II. Some boxes are mirrors.
Statements:
Some woods are tables.
All tables are teaks.
No teak is a chair.
Conclusions:
I. Some woods ...
Statements:
No Addition is a Multiplication.
Some Multiplication are Subtraction.
All Subtraction are Division.
Only few Div...
Statements:
All bulls are cows.
No cow is ox.
Some ox are buffaloes
All ox are cattle
Conclusion:
Statements: All bulb are light.
No light is a tubelight.
Conclusions: I. Some light a...
Statements: Some doors are rods.
Some rods are curtains.
...
Statement:
Only GMs are PMs
Only a few CMs are president
No president is PM
Conclusion:
I. Some GMs are presidents
Statements:
Only a few P is Q.
No Q is R.
Only a few R is S.
All S is T.
Conclusions:
I). Some T is ...
Read the given statements and conclusions carefully. Assuming that the information given in the statements is true, even if it appears to be at varianc...
In the question below some statements are given followed by four conclusions I, II, III and IV. You have to take the given statements to be true even ...
