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Banks’ exposures to a single NBFC (excluding gold loan companies) will be restricted to 20 percent of their eligible capital base (Tier I capital). However, based on the risk perception, more stringent exposure limits in respect of certain categories of NBFCs may be considered by banks. Banks’ exposures to a group of connected NBFCs or group of connected counterparties having NBFCs in the group will be restricted to 25 percent of their Tier I Capital The exposure of a bank to a single NBFC which is engaged in lending against collateral of gold jewelry (i.e. such loans comprising 50 percent or more of their financial assets), shall not exceed 7.5 percent of the bank’s capital funds (Tier I plus Tier II Capital). However, this exposure ceiling may go up by 5 percent, i.e., up to 12.5 percent of banks’ capital funds if the additional exposure is on account of funds on-lent by such NBFCs to the infrastructure sector
An entry with more than one debit or credit is known as
In relation to Accounting Standards, Which of the following statement is incorrect?
With respect to AS 11 (The effects of changes in foreign exchange rates), which of the following statement is incorrect?
An assessee liable to pay advance tax is not liable to pay interest u/s 234B if the advance tax paid by him is not less than
…………… is the % by how much % can the sales drop down before the organisation start making losses
During a reporting period, a company’s assets increase by Rs. 80,000,000. Liabilities decrease by Rs. 20,000,000. Equity must therefore?
Interest for default in payment of installments of advance tax is levied u/s
ABC analysis is mainly used for:
A mutual fund has the following assets and liabilities:
Assets:
Stocks: $100 million
Bonds: $50 million
...
Which of the following is levied by State Government only?
