What is the purpose of the Clearing Corporation of India Limited (CCIL) in the Indian capital market?
The Clearing Corporation of India Limited (CCIL) is a subsidiary of the Reserve Bank of India (RBI) and provides centralized clearing and settlement services for trades in the money, government securities, and forex markets. CCIL was established in April 2001 to bring about improvements in the functioning of the market and to ensure the safety and stability of the market. The main function of CCIL is to act as a counterparty to all trades executed in the markets it operates in and to guarantee the settlement of these trades. Hence, option C is correct.
Under which section of the Banking Regulation Act, 1949, did RBI approve the amalgamation of The Rajapur Sahakari Bank Ltd. with The Malad Sahakari Ban...
The minimum Common Equity Tier 1 (CET1) capital for banks in India as specified by RBI is:
Which of the Uniform Customs & Practice for Documentary Credits (UCP) rules issued by ICC, are currently in effect?
Firm's Cost of Capital is the average cost of:
Sovereign Green Bonds (SGBs) amounting _______are proposed to be issued in the current financial year for mobilising resources for green infrastructure...
Consider the following statements about the budget allocations of fiscal year 2023-24 across the ministries and choose which is the correct answer.
What is the primary function of a Special Purpose Vehicle (SPV) in securitization of infrastructure financing?
RBI announced the list of Domestic-Systemically important Banks (D-SIBs) based on 2021 data. The banks that have been identified as D-SIBs are ____
Which of the following is not a type of order that can be placed in the Indian stock market?
What is the major difference between Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY) & Pradhan Mantri Suraksha Bima Yojana (PMSBY)?