Question
Which type of message format is recommended by the IFSCA
for faster processing of credit confirmation, as per the circular issued in January 2024?Solution
The IFSCA advises using the MT 910 (Confirmation of credit message) format instead of MT 940 for faster processing of cross-border payments and credit confirmation.
Scheduled Banks in India refer to those banks which have been included in the _______ Schedule of Reserve Bank of India Act, 1934.Â
Consider the following statements regarding bridge loan:
(A) It is a loan made by a bank for a longer period to make up for permanent shortage of...
Who gets the status of Public Sector Banks of India?
Repo and Reverse repo rates are two rates set by RBI for .................... ?
What is true about the teaser loan rates charged by banks?
The term shell company is undefined in the ___________. But in public parlance these are seen as bogus entities that do not produce anything but are us...
The Bank which gets the first ISO certification was
Consider the following statements-
1. Bond price and interest rate are positively related.
2. Bond price and interest rate are negati...
In which of the following city is the first regional centre of the New Development Bank was officially opened ________?
Which committee was established to form Nabard?
