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The scheme intends to facilitate collateral free working capital loans of up to INR10,000/- of one-year tenure, to approximately 50 lakh street vendors, to help resume their businesses in the urban areas, including surrounding peri-urban/rural areas. On timely or early repayment, the vendors will be eligible for the next loan with an enhanced limit of a maximum of 200% of the earlier loan, subject to a ceiling of ₹20,000. Eligible member lending institutions for the said scheme are: All Scheduled Commercial Banks, Regional Rural Banks (RRBs), Small Finance Banks (SFBs), Cooperative Banks, Non-Banking Finance Companies (NBFCs), Micro Finance Institutions (MFIs) & SHG Banks established in some States/UTs e.g. Stree Nidhi etc.
Which of the following auctions Treasury bills (T-bills) in India?
Consider the following statements with respect to the report on Trends and Progress of Banking in India 2022-23 provided by RBI related to the Gross NPA...
Compute the payoff to the long and short positions in a forward contract, given that the forward price is Rs 35 and spot price at the maturity is Rs 50
What is the aim of building Digital Public Infrastructure for Agriculture in India?
Which of the following function of management refers to defining goals for company's future direction and determining on the missions and resources to a...
Which of the following financial activity can be outsourced by an NBFC?
What is the minimum credit rating required for the issuance of Commercial Papers (CPs) and Non-Convertible Debentures (NCDs), as per the revised RBI gui...
The term float is used in:
In January 2024, the RBI issued guidelines on the new RBI-Digital Payments Index (DPI). Which of the following parameters carries the highest weight in ...
Cryptocurrency is regulated by _________
