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IRDAI hiked maximum investment limit of insurers in banking, financial services and insurance (BFSI) companies to 30% of their assets from 25%. Investment in housing financing companies and infrastructure financing companies will be a part of this. As per the latest changes to Irdai’s investment Regulations, 2016, the exposure limit for financial and insurance activities will now stand at 30% of investment assets for all insurers. Investment in housing financing companies and infrastructure financing companies will be a part of this. Experts feel that the hike by the regulator will help insurers bring their exposure to financial and insurance activities near broader Indian market indices. The life insurance industry had been seeking an increase in the current 25% sectoral limit on exposure to the BFSI Sector.
The maximum investment that can be made in Pradhan Mantri Vaya Vandana Yojana (PMVVY) is restricted to _________ per senior citizen.
In finance terminology the “Time value of money” signifies that:
A leased asset should be depreciated over the
The balances with bank will be categorized in which time bucket in the ALM statement?
Branches of an Indian bank in GIFT-IFSC can act as a ____ of India International Bullion Exchange.
A.Trading and Clearing Member (TCM)
B.T...
What is the financial limit for loans under the MUDRA Scheme?
What was India's external debt at end March 2024?
Which of the following regulatory bodies has its headquarters located in Gift City?
1) Insurance Regulatory and Development Authority of...
Identify the incorrect statement from the below:
1.Future contracts are tailor made contract.
2.Future contracts are subject to M2M settle...
Which bank has been assigned the Lead Bank Responsibility for the newly formed district of Maihar in the state of Madhya Pradesh?