Question
The asset size of a non-banking finance company should
be _____________ or more in order for it to be identified as a systemically important NBFC.Solution
NBFCs in India provide most of the banking services without meeting the legal requirements of a banking company. Such organizations are registered as per the provisions of the Companies Act 1956. NBFCs whose asset size is Rs 500 crores or more are mainly identified as the systemically important NBFCs in the country.
IDFC FIRST Bank’s RemitFIRST2India platform currently allows transfers from which two locations?
Which of the following is an indirect tax?
What is the target group for IIT Delhi’s MANASVI STEM Mentorship Program?
The winner of the Top Arena Junior International Badminton Championship title, Gato Sora belongs to which state?
Under PM-KISAN, what is the total annual financial benefit provided to eligible farmers' families?
What new technology was showcased at the Drone Technology Workshop for fisheries?
Charles Drew is a Naval ship of which country that docked in India for the first time for repairs and maintenance?
Who are the two Indian astronautdesignates selected for the Axiom4 mission to the ISS?
 According to the Taste Atlas Report, what is India’s ranking in the list of Best Cuisines, 2022?
Consider the following statements with respect to the data provided by the Reserve Bank of India about the total amount of frauds been reported by banks...
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