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National Payments Corporation of India (NPCI) is an umbrella organization for all retail payments system in India. It was set up with the guidance and support of the Reserve Bank of India (RBI) and Indian Banks’ Association (IB1). NPCI has authorised share capital of Rs 300 crore and paid-up capital of Rs 100 crore. Its existing promoter banks are State Bank of India, Punjab National Bank, Canara Bank, Bank of Baroda, Union Bank of India, Bank of India, ICICI Bank, HDFC Bank, Citibank and HSBC.
Which of the following is/are considered in the Risk Threshold 3, mandatory actions of the Prompt Corrective Action
A. Restriction on divi...
What does 'M' stand for in AMFI?
The objective of Pradhan Mantri Gram Sadak Yojana (PMGSY) is to provide single all-weather road connectivity to all eligible unconnected habitations of ...
Who is the current Chairman of Insolvency and Bankruptcy Board of India?
What is the minimum capital adequacy ratio to be maintained by a Small Finance Bank?
What does the acronym "SGB" stand for?
Which of the following term is the practice where you pledge an asset (in this case, a car) to a bank when applying for a loan?
A company's financial statements show a profit margin of 15% and a return on equity (ROE) of 20%. What is the company's asset turnover ratio assuming fi...
The entity willing to act as a Qualified Supplied-Limited Purpose Trading Member (QS-LPTM) on a Bullion Exchange shall be required to have net worth of ...
Which type of fund do not require Parliamentary authorization for withdrawals?
