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The Reserve Bank-Integrated Ombudsman Scheme (RB-IOS) 2021, covers Regulated Entities (REs) such as scheduled commercial banks including urban cooperative banks, non-banking financial companies (NBFCs) and non-scheduled primary co-operative banks with a deposit size of ₹50 crore and above. In order to make the RB-IOS more broad based, it has been decided to bring Credit Information Companies (CICs) also under the ambit of RB-IOS 2021. This will provide a cost free alternate redress mechanism to customers of REs for grievances against CICs. Further, with a view to strengthen the internal grievance redress of the CICs and to make it more efficient, it has also been decided to bring the CICs under the Internal Ombudsman (IO) framework
Which new category has been introduced under the Pradhan Mantri Mudra Yojana to cover loans between ₹10 lakh and ₹20 lakh?
Differential Rate of Interest Scheme (DRI) limits: The maximum loan provided under the DRI scheme is Rs. ____ by way of term loan and/or working capital.
Which of the following statements is correct?
I. The price of a call option decreases as the strike p...
Reserve Bank of India has announced that NaBFID will be regulated and supervised by it as an AIFI under the Sections 45L and 45N of RBI Act, 1934. What ...
Which bank launched UPI 123Pay and (Name of the bank) HRMS Mobile App for enhancing digital payment interface and employee service management?
Consider the following -:
I. Coal
II. Natural Gas
III. Steel
IV. Textile
V. Cement
Which of the i...
Which of the following public sector bank has launched the Aarogyam healthcare business loan?
Consider the following statements with reference to ‘Trade Infrastructure for Export Scheme (TIES)’:
I. The Trade Infrastructure for Expor...
Cisco has signed an agreement with the Karnataka government to train 40,000 people in cybersecurity skills and awareness. According to the memorandum of...
In case of surplus liquidity in the system, which of the following instrument can be used by RBI to manage such surplus liquidity?
A. Re...