The Reserve Bank of India has revised the methodology for designating a bank as a Domestic Systemically Important Bank (D-SIB) by incorporating digital payments, value as well as volumes, under the substitutability indicator in the assessment. The data requirement under this sub-indicator stands revised from 'Payments made in INR using RTGS and NEFT systems' to the total value of Digital Payments made in Rupees (75 per cent weightage) and total volume of Digital Payments made in Rupees (25 per cent weightage). The digital payments include all payments other than paper-based instruments.
Consider the following statements:
Under the supports given to the States Governments, the Union government has provided __________ year interest-free loans to state governments under the...
With respect to the tax benefit for the Startups, consider the following statement:
I. Extension of the date of incorporation by one year for i...
Which is the mandatory process of identifying and verifying the client's identity when opening an account and periodically over time?
The rate applicable to an investment lasting for n years when all the returns are realized at the end is called:
Under the regulation of which act can scheduled commercial bank take equity stake in a payments bank to the extent permitted?
In the context of the IFSCA Circular (January 2024), what is the minimum income threshold for an individual to qualify as an Accredited Investor?
As per the guidelines issued by the Reserve Bank of India in June 2021, each NBFC-MFI is required to maintain not less than ______ of its net assets as ...
According to the IFSCA (BATF) Regulations 2024, how much office space must a BATF Service Provider allocate per employee in t he IFSC?
Based on the above information, what will be the operating profit margin of the company?