Scheduled Commercial Banks (SCBs) 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 and are required to hold 100 crores net worth in order to undertake the business
Managing risk in a bank means _______
A. not entering into any business where there appears to be risks
B. implementing the appropriate po...
What is capital account convertibility?
X has the following assets and liabilities as on 31st March, 2024. Determine his capital:
Cash: ₹25,000
Bank: ₹47,500
Debtors: ...
What was the total value of invoices financed by the RXIL TReDS platform as of FY24?
Under the RBI’s guidelines for import of gold by Tariff Rate Quota (TRQ) holders, how many days of advance payment are allowed for Qualified Jewellers...
Which of the following organizations is responsible for the development and management of GIFT City?
1) Securities and Exchange Board of...
Which scheme provides collateral-free loans up to ₹5 crores for MSMEs?
An Ordinary Non-Resident Account (NRO) can be opened with:
Which of the following is not a type of pension plan in India?
How does the purchase of a new machinery to expand production capacity affect the working capital of a company ABC Limited?