As per the recent guidelines by RBI for NBFCs regarding the new Scale based regulations, the NBFCs will be categorized as per the different layers like Base Layer (BL), Middle Layer (ML), Upper Layer (UL), and Top Layer (TL). The regulatory structure for NBFCs shall comprise of four layers based on their size, activity, and perceived riskiness. NBFCs in the lowest layer shall be known as NBFC - Base Layer (NBFC-BL). NBFCs in the middle layer and upper layer shall be known as NBFC - Middle Layer (NBFC-ML) and NBFC - Upper Layer (NBFC-UL) respectively. The Top Layer is ideally expected to be empty and will be known as NBFC - Top Layer (NBFC-TL) From October 01, 2022, all references to NBFC-ND (non-deposit-taking) shall mean NBFC-BL (Base Layer) and all references to NBFC-D (Deposit-taking) NBFC-NDSI (Non-Deposit taking systemically important) shall mean NBFC-ML (Middle Layer) or NBFC-UL, (Upper Layer) as the case may be. Various regulations regarding Net owned funds, NPAs categorization, ) Internal Capital Adequacy Assessment Process (ICAAP) etc. are made. There shall be a ceiling of ₹1 crore per borrower for financing subscription to Initial Public Offer (IPO). NBFCs can fix more conservative limits.
I. Given the fragility of Mr Wahid's government, U.S. pressure intended to bring the military to heel should be calibrated.
II. I brought him...
Crocodile tears
Angry residents are up in arms over a proposal to site a giant mobile phone mast near their homes.
Hear it on the grapevine
Select the most appropriate meaning of the given idiom.
To call the shots
Select the most appropriate option to substitute the bold segment in the given sentence.
Because of his misbehaviour, he is bound to face th...
Fill in the blank given below using the correct idiom.
After studying all night, John managed to _______________ by completing his project an...
Select the most appropriate meaning of the given idiom.
Give and take
Select the most appropriate meaning of the given idiom.
A cold fish
A bitter pill
