Start learning 50% faster. Sign in now
RBI issued draft prudential guidelines for Advances - Projects Under Implementation, Directions, 2024 in May 2024. These Directions are issued to provide a harmonised prudential framework for financing of projects in Infrastructure, Non-Infrastructure and Commercial Real Estate sectors by regulated entities (REs). These Directions also lay down revised regulatory dispensations for changes in the date of commencement of commercial operations (DCCO) of such projects in the backdrop of a review of the extant instructions and analysis of the risks inherent in such financing. For the purpose of application of prudential guidelines contained in these Directions, Projects shall be broadly divided into three phases namely, · Design phase – This is the first phase which starts with the conception of the project and includes, inter-alia, designing, planning, obtaining all applicable clearances/approvals till its financial closure. · Construction phase – This is the second phase which begins after the financial closure and ends on the day before the DCCO. · Operational Phase –This is the last phase which starts with commencement of commercial operation by the project.
When are the members of a Company considered to be severally liable under the Companies Act, 2013?
A public servant with the lawful authority to issue orders promulgates a directive stating that a religious procession is prohibited from passing throug...
Which Article of the Constitution of India imposes bar to interference by court in electoral matters?
Admissions are:
Which legal maxim means on the face of it?
What is the maximum time frame within which a suit filed under the provisions of this Act must be disposed of by the court as per the Specific Relief Act?
Under which Section of Indian Evidence Act , DNA test of hair samples can be admitted in Evidence?
The making, acceptance or indorsement of a promissory note, bill of exchange or cheque is completed by__________
A mortgagee in possession has the right to ____________________-
According to Article 24 of the Constitution, what is the restriction regarding the employment of children?