Start learning 50% faster. Sign in now
Legal Entity Identifier (LEI) - It is mandatory for corporate borrowers having aggregate fund-based and non-fund based exposure of ₹ 5 crore and above from any bank to obtain Legal Entity Identifier (LEI) registration and capture the same in the Central Repository of Information on Large Credits (CRILC). This will facilitate assessment of aggregate borrowing by corporate groups, and monitoring of the financial profile of an entity/group. On a review, it has been decided that the guidelines on LEI stand extended to Primary (Urban) Co-operative Banks (UCBs) and Non-Banking Financial Companies (NBFCs). It is further advised that non-individual borrowers enjoying aggregate exposure of ₹5 crore and above from banks and financial institutions (FIs)m shall be required to obtain LEI codes Entities can obtain LEI from any of the Local Operating Units (LOUs) accredited by the Global Legal Entity Identifier Foundation (GLEIF) – (the head office of which is BASEL Switzerland) the entity tasked to support the implementation and use of LEI. In India, LEI code may be obtained from Legal Entity Identifier India Ltd (LEIIL), a subsidiary of the Clearing Corporation of India Limited (CCIL), which has been recognised by the Reserve Bank as issuer of LEI under the Payment and Settlement Systems Act, 2007 and is accredited by the GLEIF as the Local Operating Unit (LOU) in India for issuance and management of LEI. GLIEF was started in 2012 by G20. The validity of the LEI Code is for one year and it has to be renewed every year
Which is the FIRST sentence of the paragraph?
Identify the option that arranges the given parts in the correct order to form a meaningful paragraph.
1. Sherlock Holmes is the
P. wh...
Sentences of a paragraph are given below in jumbled order. Arrange the sentences in the correct order to form a meaningful and coherent paragraph.
...Given below are four jumbled sentences. Out of the given options pick the one that gives their correct order.
A. Later, they set up their own art...
The questions below consist of a set of labelled sentences. Out of the four options given, select the most logical order of the sentences to form a coh...
Select the option that gives their correct ordes.
A.The Qutub Minar is one of the most important monuments in Delhi .
B.Was it just built ...
Which of the following represents the FOURTH sentence in the correct arrangement?
P: To make payments towards meeting
Q: So far not covered under the LRS
R: The use of an international credit card
You should have a clear
P- next quarter or next year
Q- want next month,
R- understanding of what you
Sentences of a paragraph are given below in jumbled order. Arrange the sentences in the right order to form a meaningful and coherent paragraph.
...