Question
Under the regulation of which act can scheduled
commercial bank take equity stake in a payments bank to the extent permitted?Solution
A promoter/promoter group can have a joint venture with an existing scheduled commercial bank to set up a payments bank. However, scheduled commercial bank can take equity stake in a payments bank to the extent permitted under Section 19 (2) of the Banking Regulation Act, 1949.
Which of the following dance forms originated in Southeastern India?
Which of the following products were granted the Geographical Indication (GI) tag in India during the year 2023-2024?
Which of the following places is known as an anti-seismic zone?
Indian Olympic Association (IOA) was formed in the year ______.
Which artificial element has been provisionally named seaborgium by American researchers in honour of Nobel Laureate Glenn T Seaborg?
Which British scientist is known for developing the principle of holography in 1947 to improve the resolution of the electron microscope?
Which of the following can degrade detritus into simpler inorganic substances?
Each sentence below has one or two blanks. Fill in these blanks with the most appropriate word/ phrase from the four options that are given following ea...
Which of the following banks has been designated as a domestically systemically important bank?
Which Indian state will host the Commonwealth Games in 2030?
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