Question
What is the increased bulk deposit limit for Regional
Rural Banks (RRBs)?Solution
The definition of "Bulk Deposit" varies among banks. The bulk deposit limit for scheduled commercial and small finance banks is Rs 2 crore and above. For RRBs, the limit has been increased from Rs 15 lakh to Rs 1 crore.
In finance, what does the term Mezzanine Debt mean?
XYZ Ltd. has furnished the following details to the bank while seeking working capital finance for the upcoming financial year:
β’ Total Current...
Which of the following expenditure should NOT be recognized as intangible asset as per AS 26?
What is the appropriate method for calculating the cost of inventory when there are significant fluctuations in purchase prices?
Donation received by Non-Profit Organization for constructing college library is called:
The primary objective of Cash Management is to:
In relation to Amalgamation, which of the following statements is INCORRECT?
Which event would be treated as an adjusting event after reporting period under Ind AS 10?
ICDS IV primarily deals with which aspect of financial reporting
A cost that has already been incurred and cannot be recovered is known as a: