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Payments banks can accept deposits up to Rs. 1 lakh per account from individuals and small businesses. They can issue ATM/debit cards but not credit cards. They can also issue other prepaid payment instruments and can distribute non-risk sharing simple financial products like mutual funds and insurance products.
As per the provisions for CSR given under Companies Act 2013, how much has to be spent on CSR by eligible entities?
The cost of capital for a firm _______.
As per the CSR provisions under Companies Act, a CSR committee is to be constituted by certain companies. This committee should consist of at least ____...
What should be the minimum net worth of Authorized Fund Management entity in IFSC under Fund Management Entity regulations given by IFSCA
What is moratorium period for small and startup firms under Insolvency and Bankruptcy Code 2016?
In case the application for setting up a Banking Unit is rejected by IFSCA, it shall be communicated to the applicant within a period of ….
Where an application is made by the transferor alone and relates to partly paid shares, the transfer shall not be registered, unless the company gives t...
What is the minimum net worth requirement for an SFB to transition into a Universal Bank as per the RBI guidelines?
In a scenario where the number of interested directors on a company’s Board of Directors is equal to or exceeds two-thirds of the total Board strength...
As of March 2024, what was the Money Multiplier (MM) in India as per the Economic Survey 2023-24?
