Fintech firm Cygnet has received in-principle approval from the Reserve Bank of India (RBI) to operate as a non-banking financial company (NBFC) account aggregator. The account aggregator license will allow them to participate in the transformational changes that are taking place in the financial sector. Small and medium-sized businesses will get better credit facilities whilst banks and other financial institutions will get an opportunity to widen their lending portfolio. RBI Headquarters: Mumbai Governor: Shaktikanta Das Deputy Governors: MK Jain, MD Patra, M Rajeshwar Rao and T. Rabi Sankar Non-Banking Financial Company (NBFC) is a company registered under the Companies Act, 1956 and engaged in the business of loans and advances, acquisition of shares/stocks/bonds/debentures/securities issued by Government or other marketable securities of a like nature, leasing, hire-purchase, insurance business, chit business. Account Aggregator Framework: It is a framework for data sharing between financial institutions like banks, pension funds, insurance companies and assets management companies. Under this, account aggregators (AAs) use technology for simple and secure exchange of the data between the institutions. With AAs, financial data can be used to access a vast array of financial services for your personal or business needs.
Six friends P, Q, R, S, T, and U are sitting around a circular table facing away from the center. U sits exactly between R and S. S sits to the immediat...
Avinash is ranked 11th from the top in the class and Ira is ranked 7th from the bottom. If their positions get interchanged, Avinash will rank 15th from...
Artist : Painting :: Cobbler : ?
‘A # B’ means ‘A is the brother of B’.
‘A @ B’ means ‘A is the daughter of B’.
‘A & B’ means ‘A is the husband of Bâ...
Two dimensions of the same dice are given. What letter will be on the face opposite to the face having the letter D?
From the given question, find which figure comes after the four figures which are in series?
If ' G ÷ N × D + M – S ', then how is 'N' related to 'S'?
Q is the mother of R. P is the husband of Q. S is the brother of R. How is P related to S?