Expand MCLR
All floating rate rupee loans sanctioned and renewed w.e.f. April 1, 2016 shall be priced with reference to the Marginal Cost of Funds based Lending Rate (MCLR) which will be the internal benchmark for such purposes subject to the provisions contained in paragraph 7 of this Master Direction. The MCLR shall comprise of: a. Marginal cost of funds; b. Negative carry-on account of CRR; c. Operating costs; d. Tenor premium.
Which among the following are perpetual instruments with a contingent conversion feature in case of crisis?
IFSCA Act 2019 provides for an Authority to develop and regulate
SA 700 requires the use of specific headings which are intended to assist in making auditor’s reports, that refer to audits that have been conducted i...
During the financial year 2023-24, A had cash sales of ₹3,90,000 and credit sales of ₹1,60,000. His expenses for the year were ₹2,70,000, out of w...
Which of the following statements accurately describes the permissible methods for a private company to issue securities, considering the provisions of ...
In the context of the IFSCA Circular (January 2024), what is the minimum income threshold for an individual to qualify as an Accredited Investor?
Rupee revenue stamp is used for which amount in India?
Consider the following statements regarding the Neobanks:
1) They are digital banks with multiple branches.
2) ...
The rate applicable to an investment lasting for n years when all the returns are realized at the end is called:
Which ministry launched the ‘DigiClaim’ platform under the national crop insurance portal for speedy disbursal of claims to insured farmers?
