Question
What is the necessary minimum capital that the parent
bank shall provide for setting up the Banking Unit?Solution
IFSCA (Banking) Regulations 2020 The Parent bank shall provide necessary capital for the BU, subject to a minimum of USD 20 million or such other level of capital that may be specified by the Authority. Such capital shall be maintained at the Parent Bank in the manner as specified by the Authority.
________ has approved Rs 2,644.85 crore (USD 350 million) loan for India to help improve its urban services.
What is the primary purpose of Nagaland's Aadhaar-linked birth registration (ALBR) initiative, launched on August 31, 2023?
What is the primary objective of the Forex Correspondents Scheme introduced by the Reserve Bank of India?
How much budgetary support will India provide to IBCA over five years?
Who has been elected as the new President of Singapore?
'SheshNaag' Train, recently seen in the news, is
The SBI report shows a 74.2% decline in income disparity among those earning up to:
Fragrance & Flavour Development Centre has been set-up in the year 1991 by Ministry of ____________.
Where does India stand in the Henley Passport Index for 2023?
How many of the following statement/statements is/are correct regarding the ‘Ungalai Thedi, Ungal Ooril’ scheme in Tamil Nadu?
1. The scheme ...
