Question
Any existing NBFC-ICC (Investment Credit Company) ,
intending to undertake factoring business, shall make an application to the Reserve Bank for grant of CoR under the Act and needs to have total assets of ₹…………………….. and above, as per the last audited balance sheet to fulfill the eligibility requirementsSolution
Any existing NBFC-ICC, intending to undertake factoring business, shall make an application to the Reserve Bank for grant of CoR (Certificate of registration) under the Act if it satisfies the following eligibility criteria: (a) not accepting or holding public deposits; (b) total assets of ₹1,000 crore and above, as per the last audited balance sheet; (c) meeting the NOF (Net owned Fund) requirement as prescribed in regulation 3 of these regulations; (d) regulatory compliance.
What is the theme of the Delhi Declaration adopted during the 2nd Asia Pacific Ministerial Conference on Civil Aviation?
India ranked ___________ in the Start-up Ecosystem Ranking for 2019.
A bank can issue Certificate of Deposit of maturity of 1 day to one year
Primary dealers buy G-Sec directly from the RBI and has no role in the secondary market for G-sec
Which state is known for the significant chromite reserves in the Sukinda valley?
The "Rajiv Gandhi National Aviation University" is located in which city?
Which is correct about Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY)?
The following is not matched correctly:
Government’s mission for Financial Inclusion is called as -
Which of the following is not a Public Sector Bank (PSB)?
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