Question
What is the minimum net owned fund requirement from NBFC
to be eligible to issue credit cards?Solution
Scheduled Commercial Banks (SCBs) other than Regional Rural Banks (RRBs) with net worth of ₹100 crore and above are permitted to undertake credit card business either independently or in tie-up arrangement with other card issuing banks/NBFCs with the approval of their Boards. SCBs (excluding Small Finance Banks and Regional Rural Banks) desirous of setting up separate subsidiaries for undertaking credit card business shall require prior approval of the Reserve Bank.
How much procurement from MSEs is mandated under the Public Procurement Policy?
RBI has proposed to extend the BASEL-III Capital regulations to All India Financial Institutions (AIFIs) and minimum total capital against risk-weighted...
PCA Framework consists of ____________ parameters.
What is the settlement cycle in Indian stock market?
Capital gearing ratio is a fraction of:
__________ means permanent removal of equity shares of the company from the trading platform of a recognised stock exchange, either by way of voluntary ...
As per SEBI regulations, REITs and InvITs are required to distribute at least what percentage of their net distributable cash flows to unit holders?
Which of the following is not a criterion for a Stock exchange whose subsidiary can be an Accreditation Agency?
Under the Basel III guidelines, it is advised to create a countercyclical capital buffer of 0-2.5%. Which of the following is not true about this buffer:
Which of the following is a depository registered with SEBI?
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