Question
According to the revised review of regulatory framework
for Housing finance company (HFCs), what is the reduced ceiling on the quantum of public deposits that deposit-taking HFCs can hold in relation to their net owned fund? Read the following passage and answer the following question. Housing Finance Companies (HFCs) and Non-Banking Financial Companies (NBFCs) have seen significant regulatory changes over the past decade. Following the transfer of HFC regulation from the National Housing Bank (NHB) to the Reserve Bank of India (RBI) in 2019, the regulatory landscape has focused on aligning HFCs with the broader NBFC regulatory framework. Recent changes include tighter liquidity management rules, new norms for deposit-taking entities, and restrictions on exposure to capital markets. These reforms aim to enhance financial stability and ensure that both HFCs and NBFCs adhere to similar prudential standards. In particular, deposit-taking HFCs are now required to maintain a higher proportion of liquid assets and adhere to stricter credit rating criteria. Additionally, HFCs involved in public deposit acceptance are mandated to implement more stringent controls around asset cover and deposit ceiling limits.Solution
Under the revised Master Direction – Non-Banking Financial Company – Housing Finance Company (Reserve Bank) Directions, 2021, deposit-taking HFCs are now limited to holding public deposits up to 1.5 times their net owned fund, reduced from the earlier ceiling of 3 times.
- If the edge of the cube is increased by 30%, then find the percentage increase in the volume of the cube.
Find the surface area of the smallest cube that can perfectly fit a sphere of volume 12348Ï€ cm3 inside it. Â
A cylindrical tank has an internal radius of 14 meters and a height of 10 meters. The tank is filled with water to 75% of its capacity. Water is then tr...
The total surface area of a square-based right pyramid is 1536 m², of which 37.5% is the area of the base of the pyramid. What is the volume (in mᶟ) ...
The sum of the perimeters of a square and a rectangle is 118 metres. If the sum of the length and breadth of the rectangle is 31 cm, then find the area ...
The perimeter of a rectangular field is 42 metres and its area is 108 m2 . What is the length of the diagonal of this field?
A closed wooden box of uniform thickness has length, breadth and height 20cms, 16cms and 12 cms respectively. If the thickness of the wooden block is 2 ...
A cylindrical tank is filled at the rate of 6 liters per minute. If the tank is 2 meters tall and has a radius of 50 cm, how long will it take to fill t...
A cylindrical tank has a radius of 4 meters and a height of 7 meters. Water is being pumped into the tank at the rate of 10 cubic meters per minute. How...
The shape of an toy is a right circular cylinder with a hemisphere on bottom and a right circular cone on the top. The radius of the cylindrical part is...
