RBI, Explanation: IFSCA (Banking) Regulations, 2020: Rule 14. Know Your Customer and Anti-Money Laundering measures applicable to a Banking unit: A Banking Unit shall follow Know Your Customer norms, combating of financing of terrorism and other anti-money laundering requirements, including reporting requirements issued by the Reserve Bank from time to time, unless otherwise specified by the Authority.
The entity willing to act as a Qualified Supplied-Limited Purpose Trading Member (QS-LPTM) on a Bullion Exchange shall be required to have net worth of...
Organization of the Petroleum Exporting Countries (OPEC) is a permanent, intergovernmental organization, created at which Conference?
Using the following data, calculate the Economic Order Quantity (EOQ) for the consumption of materials:
Annual consumption: 10,000 kg
...
Consider the following Statements about Deendayal Antyodaya Yojana-National Rural Livelihood Mission and choose the option with correct Statements.
Commercial bank credit to NBFCs for on-lending to priority sector is allowed up to _____ of the bank’s total PSL, as per RBI regulations?
What does the acronym "SGB" stand for?
What method is used to calculate the Sensex and Nifty indices in India?
External benchmark rate means the reference rate which includes:
Under the IFSCA (Finance Company) Regulations, 2021, what activities qualify Finance Companies (FCs) and Finance Units (FUs) as Credit Institutions unde...
The risk that the bank will not receive funds from its counter-parties on the due date is called
