Question
What is the minimum capital requirement for an NBFC to
be classified as an Infrastructure Finance Company (IFC)?Solution
Explanation: Infrastructure Finance Company (IFC): IFC is a non-banking finance company a) which deploys at least 75 per cent of its total assets in infrastructure loans, b) has a minimum Net Owned Funds of ₹ 300 crore, c) has a minimum credit rating of ‘A ‘or equivalent d) and a CRAR of 15%. Â
Which of the following global e-commerce company becomes world's first listed firm to lose $1 trillion in market cap?
In which type of tax is the marginal tax rate higher than the average tax rate?
India's wholesale price index (WPI)-based inflation in July came in at_________, significantly higher than (-)4.12 percent reported in June on account o...
For grant of Miniratna Category-I status to Central Public Sector Enterprises (CPSEs), the CPSEs have made profit in the last ______ years continuously.
Within the AD-AS model, a phenomenon known as stagflation is best represented by a shift in which curve, and with what consequence for the short-run equ...
Which of the following bank renamed and nationalised as the State Bank of India in 1955?
What does the abbreviation "SIP" stand for in mutual funds?
What is the primary focus of the Priority Sector Lending (PSL) guidelines in India?
What is the minimum capital adequacy ratio required for Indian banks under the Basel III norms?
Canara Bank was nationalized in which of the following year?
