Question
Which of the following banks have been named as the
Domestic Systematically Important banks by RBI for 2024?Solution
The Domestic Systematically Important banks (D-SIB) or banks which are “too big to fail” are SBI, HDFC Bank and ICICI Bank. These banks have to keep additional Common Equity Tier 1 capital. SBI has to keep additional capital of 0.6% of bank’s risk weighted assets while HDFC bank and ICICI bank have to keep 0.2% additional buffer.
A company manufactures a single product for which cost and selling price data are as follows:
Selling price per unit - Rs. 12
Variable cos...
Which of the following best describes the bulk deposit limit for UCBs that are not categorized as Tier 3 or Tier 4 under the RBI’s revised guidelines?...
Calculate the current Ratio from the above data:
Payment Banks in India are prohibited from performing which of the following activities?
The risk that the bank will not receive funds from its counter-parties on the due date is called
When was the first RRB set up?
In the domain of mutual funds, what is the main objective of a Systematic Investment Plan (SIP)?
The RBI revised its instructions on Bulk Deposits for Urban Co-operative Banks (UCBs) in January 2024. Under this revision, what is the minimum amount ...
Prashant is the finance manager in his organisation. He job profile entails various functions, one of them being that of control. Which one of the follo...
What is charge created on gold loan?