Scheduled Commercial Banks (SCBs) other than Regional Rural Banks (RRBs) with net worth of ₹100 crore and above 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. SCBs (excluding Small Finance Banks and Regional Rural Banks) desirous of setting up separate subsidiaries for undertaking credit card business shall require prior approval of the Reserve Bank.
C onsider the following statements about Payment Aggregator-Cross Border (PA-CB):
1. They are first-party service providers that allow merch...
The Department of Commerce recently extended the Interest Equalisation Scheme for pre- and post-shipment rupee export credit for MSME exporters until Au...
Consider the following statements:
A. The two main genres of Indian classical music are Carnatic and Hindustani.
B. The Bharat Ratna award...
Recently Pfizer limited has appointed whom as its Chairman?
Who has been recently appointed as the Chairperson of the Union Public Service Commission (UPSC)?
Which source states that man by himself is only half-man and his second half is the wife?
What is the purpose of the NVS-1 satellite launched by the Indian Space Research Organisation?
Which state recently inaugurated the 'Jal-Jagar Mahotsav' at Ravishankar Reservoir in Gangrel Dam, Dhamtari, as part of its water conservation initiatives?
What was the headline inflation rate in India for 2023-24 as per the RBI Annual Report 2023-24?
The Ramakrishna Mission set up in ______.
