Recently Reserve Bank of India gave approval to which of the following Fintech firm to operate as NBFC account aggregator?
Fintech firm Cygnet has received in-principle approval from the Reserve Bank of India (RBI) to operate as a non-banking financial company (NBFC) account aggregator. The account aggregator license will allow them to participate in the transformational changes that are taking place in the financial sector. Small and medium-sized businesses will get better credit facilities whilst banks and other financial institutions will get an opportunity to widen their lending portfolio. RBI Headquarters: Mumbai Governor: Shaktikanta Das Deputy Governors: MK Jain, MD Patra, M Rajeshwar Rao and T. Rabi Sankar Non-Banking Financial Company (NBFC) is a company registered under the Companies Act, 1956 and engaged in the business of loans and advances, acquisition of shares/stocks/bonds/debentures/securities issued by Government or other marketable securities of a like nature, leasing, hire-purchase, insurance business, chit business. Account Aggregator Framework: It is a framework for data sharing between financial institutions like banks, pension funds, insurance companies and assets management companies. Under this, account aggregators (AAs) use technology for simple and secure exchange of the data between the institutions. With AAs, financial data can be used to access a vast array of financial services for your personal or business needs.
Sonu travels 8 km towards west, then turns right and walks for another 5 km, and then he turns 270 degree anticlockwise. Which direction is he facing now?
Point L is in which direction with respect to point O?
Point R is in which direction with starting point?
Poonam walks 15m towards East and turns right and walks 8m then, she turns left and walks 12m and then turns left and walks 8m. In which direction and h...
A person walks 4 m from point A towards east to reach point B and he turns to his right and walks 5 m to reach point C. Again he turns to his left and w...
What is the shortest distance between person N and person S?
Priya walks towards west direction, after covering 12m, she turns right. She then walks 3m and then turns left. She then walks 6m and then turns left. S...
If Block ‘A’ is situated in the centre of the township then which of the following is situated in the Western area of township?
What is the direction of R with respect to Q?
What is the shortest distance between Sanju and Ankit?