Get Started with ixamBee
Start learning 50% faster. Sign in now
As per RBI circular on Collateral Free Loans - Educational Loan Scheme, it is mandatory that banks should not obtain collateral security in the case of education loans up to ₹4 lakh. According to RBI guidelines under Model Education Loan Scheme (MELS) set by the Indian Banks’ Association (IBA): • Loans of up to INR 4 lakhs are entirely collateral-free. • For loans between INR 4 lakhs and INR 7.5 lakhs, students need to provide a guarantor. • Loans exceeding INR 7.5 lakhs require tangible collateral.
Organisation behaviour is studied at how many levels?
Compute M2 supply of money from the following data:
Consider the following Statements and choose the option with correct Statements.
I- Jal Jeevan Mission was launched in 2019 as a Central Sector ...
Payment under a contract is made in consideration to which among the following?
Central Registry of Securitization Asset Reconstruction and Security Interest(CERSAI) is under which provision?
The Central KYC Record registry in India is ____________?
Similar to the Stock Exchanges in IFSC, the Bullion Exchange shall be required to submit MDR (Monthly Development Report) to IFSCA on a what frequency b...
What was the cumulative disbursement by IIFCL by the end of FY2023-24, as per the Annual Report of IIFCL 2023-24?
The RBI has allowed international trade settlement in rupees for which AD banks need to open ____________, in terms of Regulation 7(1) of Foreign Exchan...
What products does the India International Bullion Exchange (IIBX) plan to introduce soon?
