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A Non-Banking Financial Company (NBFC) is a company registered under the Companies Act, 1956 engaged in the business of loans and advances, acquisition of shares/stocks/bonds/debentures/securities issued by Government or local authority or other marketable securities of a like nature, leasing, hire-purchase, insurance business, chit business but does not include any institution whose principal business is that of agriculture activity, industrial activity, purchase or sale of any goods (other than securities) or providing any services and sale/purchase/construction of immovable property. NBFCs will be classified into four categories – base, middle, upper and top layers. The regulatory structure for NBFCs comprises four layers based on their size, activity, and perceived riskiness. The Reserve Bank of India (RBI) has aligned provisioning norms for standard assets of large non-banking financial companies with that for commercial banks.
Pin Valley National Park is located in which state?
Which state government recently banned all kind of synthetic kite string except cotton?
With which telecommunications company did the domestic telecom equipment provider Vihaan Networks Limited (VNL) sign MoU to launch Relief 123 service t...
Regarding the geographical features of India, which statement is true?
(I) The Eastern Ghats are also known as the Sahyadri.
(II) Th...
Cheques which have been written by the maker, and dated at some point in the past are known as ________.
National Sports Day is celebrated on which of the Following Day?
The Small banks of India can provide a maximum loan of Rs ?
Nanda Kishore Prusty passed away. Who was he?
Interbank deposit (deposit of one bank with the other) is taken into account in money multiplier
What is the percentage increase in forest cover in India from 2019 to 2021, as reported by the Forest Survey of India 2021?
