Which of the following is one of the major differences between an NBFC & a Bank?
Solution- A government authorised financial intermediary that aims at providing banking services to the general public is called the bank. An NBFC is a company that provides banking services to people without holding a bank license. An NBFC is incorporated under the Indian Companies Act, 1956 whereas a bank is registered under Banking Regulation Act, 1949. NBFC is not allowed to accept such deposits which are repayable on demand. Unlike banks, which accepts demand deposits. Banks are an integral part of payment and settlement cycle while NBFC, is not a part of the system.
SBM Bank (India) has raised ______ through the issuance of the second tranche of Basel-III compliant tier II bonds in January 2023.
Which country won 2021 SAFF Championship title?
Recently which district of Madhya Pradesh has become a fully functionally literate district?
Recently “ HarGharTiranga ” campaign has been launched by?
Who honored with “Pravasi Bhartiya Samman” award 2023 ?
_______ has got approval for the complete acquisition of Ohm Global Mobility Private (OHM) from OHM International Mobility for a nominal consideration...
Which of the following system enabling the citizens of the country to utilize any ATM of a connected bank?
Who laid the foundation stone for the country's first digital National Museum of Epigraphy in Hyderabad?
International Labour Organization has its headquarters in ?
________________ has ranked 124th in the 8th Edition Fortune India The Next 500 (2022 edition) of top midsize companies operating in India.