Continue with your mobile number
Housing Finance companies are regulated by RBI w.e.f 2019 Rest of the statements are true. As per the recent Scale Based Regulation by RBI for NBFCs NBFCs without public funds and customer interface will always remain in the Base Layer of the regulatory structure The extant NPA classification norm stands changed to the overdue period of more than 90 days for all categories of NBFCs. A glide path is provided to NBFCs in Base Layer to adhere to the 90 days NPA norm as under – NPA Norms Timeline >150 days overdue By March 31, 2024 >120 days overdue By March 31, 2025 > 90 days By March 31, 2026 The glide path will not be applicable to NBFCs which are already required to follow the 90-day NPA norm. There shall be a ceiling of ₹1 crore per borrower for financing subscription to Initial Public Offer (IPO). NBFCs can fix more conservative limits
What is GIFT city and what are its objectives?
Pradhan Mantri Vaya Vandana Yojana (PMVVY) is one of the major Schemes of Government of India to protect the interest of the Senior citizens. What is t...
According to the Working Capital Management concept, the operating cycle is calculated using which of the following formulas?
...What is the target of lending for domestic banks, as a % of their ANBC,under Priority sector lending for micro-enterprises?
As per loan review framework of RBI, loan review of high value accounts are usually carried out __________
Book-keeping is mainly concerned with?
What category did India achieve in the FATF Mutual Evaluation?
For identification and measurement of operational risk, how many loss events have been identified?
What is the allocated amount for skill development, employment, and education to support MSME growth in India as per Union Budget 2024-25?
Consider the following statements:
1.The Unified Payment Interface (UPI) led by the National Payments Corporation of India International (NPCIL) ...