What is the minimum net owned fund requirement from NBFC to be eligible to issue credit cards?
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.
Rahul bought 100 shares of Reliance for price of Rs.2500 per share. After one year he sold the shares for Rs.2700. Reliance paid out a dividend of Rs.10...
What is the maximum amount of loan against security that can be availed for demat shares?
The term float is used in:
Which of the following is true regarding Micro, Small and Medium Enterprises?
1. a micro enterprise, where the investment in plant and machinery...
Consider the following about Prevention of Money Laundering Act.
I. PMLA was enacted in 2002 and it came into force in 2005.
II. The PL...
Payment under a contract is made in consideration to which among the following?
K Enterprises follows the written down value method of depreciating machinery year after year due to which of the following:
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The president of the NCLT and the chairperson and Judicial members of the NCLAT are appointed in consultation with whom?
Which Section of the Insolvency and Bankruptcy Code, 2016 repealed the Presidency Towns Insolvency Act, 1909 and Provincial Insolvency Act, 1920?
