Question
What is the maximum amount that can be borrowed by
banks under the Marginal Standing Facility (MSF) route?Solution
The MSF was introduced by the Reserve Bank of India in 2011 in order to help banks manage the cash flow mismatch on overnight basis. The banks can approach RBI for loan under MSF facility in an interest rate that will be higher than the repo rate. Banks can borrow upto 2% of the total NDTL under this route whereas the minimum amount is Rs 1 crore.
As per Section 63(1), a company can issue fully paid up bonus shares to its members out of:
A delay of 31 to 60 days in repayment of loan obligation to a bank will be classified under which category as per IRAC norms?
ABD Limited received 5,90,000 as premium on new policies and 1,20,000 as renewal premium. The company received 90,000 towards reinsurance accepted and p...
With amortized loans, such as a mortgage, which of the following statements is correct?
Read the following information to answer the below questions:
___________, the greater will be its social prestige.
Which section of the Companies Act, 2013, deals with the 'Appointment and Qualifications of Directors'?
Which of the following is responsible for appointing auditors of government 5 companies?
Omega Ltd. has idle capacity and receives a special export order for 2,000 units at ₹420 per unit. Normal price = ₹500. Unit variable cost = ₹350....
If company’s cash conversion cycle decreases, what likely happened?
