Question
What is the maximum exposure limit for a bank to a
single NBFC predominantly engaged in lending against collateral of gold jewellery?Solution
The exposure of a bank to a single NBFC which is predominantly engaged in lending against collateral of gold jewellery (i.e. such loans comprising 50 per cent or more of their financial assets), shall not exceed 7.5 per cent of the bank’s capital funds (Tier I plus Tier II Capital). However, this exposure ceiling may go up by 5 per cent, i.e., up to 12.5 per cent of banks’ capital funds if the additional exposure is on account of funds on-lent by such NBFCs to the infrastructure sector as detailed in circular on Bank Finance to NBFCs Predominantly Engaged in lending against Gold dated May 18, 2012.
Which disaster occured at the Bengaluru’s M. Chinnaswamy Stadium on the 4th June 2025?
Recently, PM Modi received the highest civilian honour "Grand Cross of the Order of Makarios III" from which country?
- To qualify for Maharatna status, a public sector enterprise must maintain an average annual turnover exceeding what amount over the previous three years?
With which country did India sign an agreement to enhance MSME cooperation?
- Rebakanta Mahanta, awarded the Padma Shri in 2025 for his expertise in mask art, hails from which Indian state?
Who among the following is the author of the book 'Life on Mars: Collected Stories'?
Which bank launched the "GIGA" financial suite tailored for gig workers and freelancers in August 2024?
Consider the following statements about India-Indonesia bilateral trade:
1. Total trade between the countries was USD 29.4 billion in 2023-24.
The Great Bath, a remarkable structure of the Indus Valley Civilization, was discovered at:
What is the capital of Canada?
