Question
National Asset Reconstruction Company Limited (NARCL)
has aggregated debt of around _______ till March 2023, through acquisition of three stressed loans in which Jaypee Infratech became the first large stressed account to be transferred to NARCL by lenders led by IDBI Bank.Solution
National Asset Reconstruction Company Limited (NARCL) has aggregated debt of around Rs 21,000 crore till March 2023, through acquisition of three stressed loans. NARCL, or the bad bank, has been set up as part of the resolution of stressed loans in the banking system. In January 2023, Jaypee Infratech became the first large stressed account to be transferred to NARCL by lenders led by IDBI Bank. The company was among the 12 large accounts referred by the Reserve Bank of India (RBI) to the National Company Law tribunal (NCLT) in 2017. The total exposure of all the banks to Jaypee Infratech was over Rs 9,000 crore and IDBI Bank’s exposure stood at Rs 3,750 crore.
As per SEBI regulations, REITs and InvITs are required to distribute at least what percentage of their net distributable cash flows to unit holders?
RBI has proposed to extend the BASEL-III Capital regulations to All India Financial Institutions (AIFIs) and minimum total capital against risk-weighted...
As per RBI guidelines for investment by banks in AIFs, banks are not permitted to invest in which of the following?
Financial Stability of the banks is evaluated by the banks using the framework of CAMELS. What does the “A” stand for?
The payments banks in India are required to invest ____________ of funds in the government securities.
Under the definition of MSMEs in India, what is the maximum turnover allowed for a medium enterprise?
To ensure the viability of a social project, SEBI mandates that a Not-for-Profit Organisation (NPO) must achieve a minimum subscription of ________ of t...
An option that can be exercised only at expiration is called
Which of the following is NOT a sub-category under Category I AIF?
The object of the issue using a prospectus can be varied provided it is pre-approved as per _________ of the Companies Act 2013.
Relevant for Exams:
