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Guideline 9 Nature of clients: .(1) Any intermediary permitted by the Board for operating within the IFSC shall provide financial services to the following categories of clients: (i) a person not resident in India; (ii) a non-resident Indian; (iii) a financial institution resident in India who is eligible under FEMA to invest funds offshore, to the extent of outward investment permitted; (iv) a person resident in India who is eligible under FEMA, to invest funds offshore, to the extent allowed under the Liberalized Remittance Scheme of Reserve Bank of India, subject to a minimum investment as specified by the Board from time to time: Provided that clients referred to in clauses (ii) to (iv) may be provided services, subject to guidelines of Reserve Bank of India.
The Reserve Bank has released a booklet that aims to enhance public awareness about various types of financial frauds perpetrated on gullible customers...
As per the IRACP norms given by RBI, which of the following correctly represents a Cash Credit or Overdraft account (CC/OD) as out of order ?
The Reserve Bank has released a booklet that aims to enhance public awareness about various types of financial frauds perpetrated on gullible customers...
As per Basel and subsequent RBI guidelines, Common Equity Tier 1 (CET1) capital must be at least how much percentage of risk-weighted assets (RWAs) i.e...
RBI has decided to increase the threshold limit for deposits and other extensions of funds made by non-financial Small Business Customers from ₹ 5 cr...
The place where banks’ mutual claims are settled, is called?
Which of the following Statements is/are True?
I- PCA is a framework under which banks with weak financial metrics are put under watch by the RBI...
Who has been recently appointed as an Executive Director by RBI to look after the Monetary Policy Department
RBI in its MPC meeting held on June 8th, revised Indiarsquo;s estimated GDP growth rate for FY23 to be
As per the guidelines of RBI, what is the risk weight for the housing loans with LTV Ratio (Loan to Value Ratio) lesser than 80%