Which of the following private sector bank has launched two new products – loan against deposits and dollar bonds – for non-resident Indians at its GIFT City branch in Gujarat?
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.
Regarding the millets and their benefits, consider the following statements:
1)Millets are important due to their potential to generate livelihoo...
Which of the following statement is true?
Stand Up India Scheme was launched in 2016 for facilitating credit to SC/ST and Women entrepreneurs. What is the minimum amount of bank loan a benefici...
Under inflationary trend, which of the methods will show highest value of inventory?
In order to settle an international trade in Indian rupee, an AD bank needs to open ______________ of correspondent bank/s of the partner trading countr...
Indian customers using credit, debit, and prepaid cards will be free to switch their card networks between Visa, MasterCard, RuPay, etc., and vice versa...
What is the risk weight for the housing loans with LTV Ratio (Loan to Value Ratio) lesser than 80%?
Net working capital is defined as?
Match the following:
Which regulator in India regulates and provide guidelines on issuance of commercial papers?