Question
Regarding RTGS (Real Time Gross Settlement), what
happens if a 'Customer Payment' (R-41) is not credited to the beneficiary's account within the stipulated time of 30 minutes?ÂSolution
As per RBI guidelines, if a bank fails to credit the beneficiary's account or return the money to the remitter within 30 minutes, it must pay compensation at the current Repo Rate + 2% to the affected customer.
Who has been appointed as the new Chairperson of Nasscom, succeeding Anant Maheshwari?
DCM Shriram Ltd has raised a Sustainability Linked Loan (SLL) of Rs.200 crore from which bank with an aim to support the company’s ongoing capital...
Who will unveil the crest of the Indian Navy's latest warship 'Surat'?
Under the CM-FLIGHT programme, how much financial assistance is offered per candidate for training and placement?
What is the mangrove area presently recorded in Tamil Nadu as per the given data?
E - Samadhan Portal will be regulated and monitored by _______ .
What is the primary goal of the partnership between Jawaharlal Nehru Centre for Advanced Scientific Research (JNCASR) and Hindustan Zinc Limited (HZL)?
Regarding the Uttarakhand government's "Pirul Lao-Paise Pao" campaign, consider the following statements:
A) The campaign aims to mitigate forest...
What is the revised budget allocation for the Gyan Bharatam Mission under the Union Budget 2025–26?
International Day of the Midwife is observed annually on May 5. The inaugural IDM was observed on which date?