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Conditions for issuing Debit card by IBUs i. IBUs may issue Debit cards to their customers holding a Current or Savings account with them. ii. Withdrawal of cash in IFSC, using Debit cards issued by IBUs, is not permitted. Withdrawal of cash using Debit cards issued by IBUs, in jurisdictions outside IFSC, is permitted subject to the rules and regulations of the said jurisdiction. iii. All other transactions including making online payments, undertaking PoS transactions, funds transfer etc. using Debit cards issued by IBUsis permitted. iv. Debit cards issued by IBUs to a person resident in India shall not be used for accessing funds (through whatever means) from the bank accounts, if any, held by such person in the domestic territory. v. IBUs shall ensure that transactions permitted to be undertaken through Debit cards issued to persons resident in India are compliant with the requirements of the Foreign Exchange Management Acr,1999
To provide greater discretion to borrowers on terms and conditions, the guidelines on digital lending have kept _____ outside the scope of Digital lendi...
The rate applicable to an investment lasting for n years when all the returns are realized at the end is called:
Which of the following is correct with respect to measurement of sensitivity?
Which among these is not a type of funded loans?
A bank listing its Additional Tier 1 (AT1) bonds on an international financial services center (IFSC) is primarily doing so to:
Which of the following exposures/counterparties would not be considered to have a SICR as per RBI discussion paper on ECL model for banks:
I. S...
Which of the following is the correct sequence of steps in the communication process?
Which of the following is not an external factor leading to credit risk?
...Which Indian state is the GIFT City located in?
Ayush bought a futures contract at Rs 120. If, the initial margin is 40% and maintenance margin is 25%, at what price the margin call will be initiated ...