Which one of the following statements is true about On-tap licensing?
· On-tap licensing means that the window for getting a bank license from RBI is open throughout the year. Earlier, RBI used to invite applications for giving bank licenses, and prospective players submitted their applications within a fixed time-frame as prescribed by RBI. The guidelines for on-tap licensing of Universal Banks in the private sector were issued on August 01, 2016 and that for Small Finance Banks on December 05, 2019. 11 entities had applied for on-tap bank licences since the guidelines were released by the RBI, but none approved till now. · The Reserve Bank of India (RBI) rejected applications for on-tap bank licences of six firms —four of which applied for universal bank licence and two for small finance bank. · The applications rejected by the RBI include Flipkart founder Sachin Bansal’s Chaitanya India Fin Credit Private Limited which has applied for a universal bank license. · Bansal is the managing director (MD) and chief executive officer (CEO) of Chaitanya India Fin. · Last year, the Enforcement Directorate served a show-cause notice to Bansal for alleged violation of FDI policy. · 11 entities had applied for on-tap bank licences since the guidelines were released by the RBI. The remaining 5 applications are under examination.
Three of the following are alike in a certain way and make a group. Which one is not from that group?
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In the following questions, a group of four figures is given, Out of which four figures are similar to each other in a certain way and one is different ...
Four words have been given, out of which three are alike in some manner, while one is different. Choose the odd one.
In each of the number-pairs, the second number is obtained by performing a certain mathematical operation on the first number. Three of the following pa...
Three of the following four letter-clusters pair are alike and one is different. Choose the odd one.
In the following question, four number pairs are given. In each pair the number on the left side of ( - ) is related to the number of the right side of...
In the following question, select the odd number from the given alternatives.Â
Four letter- clusters have been given out of which three are alike in some manner, while one is different. Choose the odd one.
The second number in the given pairs is obtained by performing some mathematical operation(s) on the first number. The same operation(s) is/are followed...
Find the odd set of numbers from the given alternatives?