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.
A CC account shows frequent excess drawings, decline in stock levels, delays in statutory payments and high turnover in sister concerns. These indicator...
A term loan of ₹70 crore is classified as Doubtful. Realisable value of primary security is ₹40 crore and collateral security is ₹10 crore. The ba...
What is a Private Placement?
Consider the following and select which of them forms a part of capital receipts for the GoI
I.<...
A company shows Profit after Tax ₹14 crore, Depreciation ₹10 crore, Increase in Working Capital ₹6 crore and Term Loan repayment due next year ₹...
How many directors can be appointed by small shareholders in a company?
A doubtful asset (D1) has secured portion of ₹40 crore and unsecured portion of ₹20 crore. The secured portion has remained doubtful for less than o...
A company reported net profit before tax of Rs.36,100. It has raised debt capital of Rs.250,000 through 13% debentures. What is the interest coverage ra...
An NPA account has outstanding of ₹50 crore. The realisable value of security is estimated at ₹30 crore. The borrower offers a one‑time settlement...
As per Ind AS 7, dividend received is shown under: