The legal risks primarily arise either due to lack of clarity of the documentation of the product or the act of the counterparty. Change in legal environment due to legislative changes and Court interpretations/proceedings also result in legal risk. Legal risk includes risk of non-enforceability of contract or in-correct documentation resulting in the increased probability of loss. Broadly, legal risks may result in (i)Â Â Â Â Â claims against institution, (ii)Â Â Â Â fines, penalties, punitive damages, (iii)Â Â Â unenforceable contracts resulting from defective documentation, and (iv)Â Â loss of institutional reputation
Under PMKVY, what is the maximum monetary reward a trainee can receive upon successful certification?
What was the cumulative disbursement by IIFCL by the end of FY2023-24, as per the Annual Report of IIFCL 2023-24?
Under which of the scenarios, the investment decision between mutually exclusive proposals will differ as per NPV and IRR method?
A.Size of the t...
Which of the following is/are the eligibilities to participate in the Pradhan Mantri Shram Yogi Maan-Dhan Yojana?
I- The workers in the age gro...
What restriction is placed on Special Category Clients (SCC Banks) when importing gold and silver through the India International Bullion Exchange (IIBX...
What was the increase in the insurance density in India in FY24 as per economic survey 2023-24?
The RBI revised its instructions on Bulk Deposits for Urban Co-operative Banks (UCBs) in January 2024. Under this revision, what is the minimum amount ...
All revenues received by the Government, loans raised by it, and also receipts from recoveries of loans granted by it, together form the _________.
REC Limited has undertaken an exclusive listing of its recently issued Green bonds of ______ raised under its Global Medium Term Programme of USD 7 bill...
Which corporate restructuring strategy refers to the separation of a business unit or division from its parent company, creating an independent entity w...
