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Private sector lender ICICI Bank has launched two new products – loan against deposits and dollar bonds – for non-resident Indians at its GIFT City branch in Gujarat and is the the first to offer these products in GIFT City. The loan against deposits facility is similar to a loan in foreign currency against a deposit in India and includes non-resident external fixed deposits in rupees. Clients may avail of the facility for short-term cash requirements without premature closure of term deposits which entails penalties. Up to 95 per cent of the deposit value can be availed of using this loan and customers can borrow for flexible tenures at fixed or floating interest rates.
Recently Pradhan Mantri Suraksha Bima Yojana (PMSBY) had increased the premium from Rs.12 to____ ?
_________ is a pan-India electronic trading portal which networks the existing APMC mandis to create a unified national market for agricultural commodit...
The Ramsar Convention was signed in 1971. It was related to wetlands. The Convention was signed in Ramsar, a city of ___________.
The book, “An Enquiry into the Nature and Causes of the Wealth of Nations”, (1776) defined Economics as:
NPS for traders provide a monthly minimum assured pension of what amount after attaining the age of 60 years?
Which category under the PM Mudra Yojana allows for the highest loan amount, and what is the maximum loan limit?
Which of the following Statements about the DICGC is/are True?
I. Deposit Insurance and Credit Guaran...
How does the PMAY Urban scheme classify beneficiaries for housing assistance?
Which ministry published the 6th Census Report on Minor Irrigation (MI) Schemes?
Under the Skill India Mission, what is the significance of Recognition of Prior Learning (RPL)?
