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A company may purchase its own shares or other specified securities out of: o Its Free Reserves o The Securities Premium Account, or o The proceeds of any shares or any other securities § No buy back shall be made out of the proceeds of an earlier issue of the same kind of shares or other specified securities · Proceeds of Earlier Issue - Points of Consideration o Buy back of equity shares is not allowed out of fresh issue of equity shares o However, Buy back is allowed out of an earlier issue of securities other than the equity shares such as preference shares, debentures, etc. for the purpose of redemption. Snapshot from study notes of the ixamBee SEBI course covering topic in detail
Which of the following Bank also owns a linkage Program called SHG’s.
Which of the following is true about Cash Credit (Bank Loan)?
I. Cash credit is an arrangement whereby the bank allows the borrower to draw am...
What is true about the teaser loan rates charged by banks?
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...
Expand the term ALM as used in Banking/Finance sector.
Which committee is formed for the Banking Supervision?
.________ is termed as a corporate or an individual borrower who despite having the capability to repay money does not cough up money.
What is a mortgage?
_____________ is a cheque presented for payment after three months from the date of the cheque.
What is a White Level ATM?