NBFCs which choose to outsource financial services shall, however, not outsource core management functions including Internal Audit, Strategic and Compliance functions and decision-making functions such as determining compliance with KYC norms for opening deposit accounts, according sanction for loans (including retail loans) and management of investment portfolio. However, for NBFCs in a group/ conglomerate, these functions may be outsourced within the group subject to compliance with relevant instructions. Further, while internal audit function itself is a management process, the internal auditors can be on contract.
Microsoft has announced to set up its fourth data centre in India in ______________. It will be one of the largest data centres in India and will be op...
Which state received the first rank in the "Best Performing States – Loan Performance (Large States)" category under the PRAISE awards at the “Utkri...
Recently which private e-commerce company had signed a Terms of Understanding with Spice Board?
Which country became the first central European country to legalize same-sex marriage?
In which city of India is the under-construction Yuge Yugeen Bharat museum located, set to become the largest museum in the world?
What is the primary objective of the MoU signed between the Technology Development Board (TDB) and the Small Industries Development Bank of India (SIDBI)?
The Hurun list's ranking of Mumbai over Beijing as Asia's billionaire capital primarily reflects what aspect of India's economy?
Which country retained the World Squash Championship 2023 title by defeating Malaysia?
Which rocket was successfully launched by Europe after a four- year delay?
Which of the following Schemes have contributed towards making of physical infrastructure in India?
I- Bharatmala
II- Sagarmala
III- UDAN
IV- DAY-NRLM