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Private sector lender ICICI Bank has launched two new products – loan against deposits and dollar bonds – for non-resident Indians at its GIFT City branch in Gujarat and is the the first to offer these products in GIFT City. The loan against deposits facility is similar to a loan in foreign currency against a deposit in India and includes non-resident external fixed deposits in rupees. Clients may avail of the facility for short-term cash requirements without premature closure of term deposits which entails penalties. Up to 95 per cent of the deposit value can be availed of using this loan and customers can borrow for flexible tenures at fixed or floating interest rates.
Which of the following Development Round of WTO was held in 2001?
Coal India Limited (CIL) launched the CIL ASHIS initiative to provide scholarships to children who:
How many houses have been completed under the Pradhan Mantri Awas Yojana (PMAY) in the last 10 years?
Which mission/Programme is discussed in the above passage?
Which of the following sectors is not part of the Industrial Index of Production ?
What is the primary objective of the 'PM Vishwakarma Yojana' scheme?
Under the NAMASTE scheme, what is the expected outcome in terms of fatalities in sanitation work in India?
Bureau of Indian Standards (BIS) signed Memorandum of Understanding ( MoU ) with top six engineering institutes of India for introducing Indian standard...
In which of the following ways, Infrastructure contributes to economic development?
(1) by increasing the productivity of the factors of produ...
Which of the following Statements regarding the coverage of NFSA is not True.
I- 75% of the rural population are covered under NFSA
I...