Question
Scheduled Commercial Banks (SCBs) are permitted to
undertake credit card business either independently or in tie-up arrangement with other card-issuing banks/NBFCs with the approval of their Boards and are required to hold how much net worth in order to undertake the business?Solution
Scheduled Commercial Banks (SCBs) are permitted to undertake credit card business either independently or in tie-up arrangement with other card-issuing banks/NBFCs with the approval of their Boards and are required to hold net worth of Rs 100 crores in order to undertake the business
Bank of Baroda’s UPI-linked overdraft facility for women SHGs allows a maximum credit of:
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_______ has approved a USD 250 million (about Rs 1,875 crore) loan to support India’s National Industrial Corridor Development Program (NICDP).
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As per Economic Survey 2025–26, while Census 2011 estimates India’s urban population at 31%, alternative estimates using the DEGURBA methodology sug...
Which sectors are restricted from FDI reclassification as per the new guidelines?
