Question
What is the minimum net owned fund requirement from
NBFC to be eligible to issue credit cards?Solution
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.
Under the Bharatiya Nagarik Suraksha Sanhita, 2023, what is the prescribed procedure when information about a cognizable offence is given orally to a po...
According to H.L.A. Hart, what is the key difference between being obliged to do something and having an obligation to do it?
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Which principle has been discussed in the case of M.S.M Sharma Vs. Shri Krishna Sinha 1960.
According to Section 8 of The Indian Evidence Act, 1872 any fact is relevant which shows or constitute __________ .
Punishment for criminal misconduct under Section 13(2) is:Â
ISO 22000 describes which management system?
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What must an authority do if they are about to search a person and that person requests it?
Section 15(1) of the Environment (Protection) Act, 1986 provides additional fine for continuing contravention up to:
Relevant for Exams:
