Question
What is the minimum margin requirement for banks on
equity shares / convertible debentures held in dematerialized form?Solution
As per RBI Circulars & guidelines, banks should maintain a minimum margin of 50 percent of the market value of equity shares / convertible debentures held in physical form. In the case of shares / convertible debentures held in dematerialised form, a minimum margin of 25 percent should be maintained. These are minimum margin stipulations and banks may stipulate higher margins for shares whether held in physical form or dematerialised form. The margin requirements for advances against preference shares / non-convertible debentures and bonds may be determined by the banks themselves.
- At which institution did ISRO launch the latest version of the FEAST software?
The G20 Pandemic Fund has recently approved a proposal worth 25 million dollars from the Department of Animal Husbandry and Dairying. This approval aims...
What strategic advantage does the selling of Sovereign Gold Bonds (SGBs) by the Reserve Bank of India provide to the country's economy?
Consider the following statements regarding Indira Rasoi Scheme-
I.This scheme was launched by the Karnataka Government.
II.This scheme ai...
How many major reforms are part of the Punjab Udyog Kranti industrial initiative?
Which of the following statements is/are correct about the electric microcar "Robin" set to launch in 2025?
1. Robin is a two-seater electric veh...
The spacecraft, called CAPSTONE, is about the size of a microwave oven has been launched by NASA to ?
Consider the following about the recent launches portals of Bureau of Indian Standards (BIS):
I. Bureau of Indian Standards (BIS) has launched a ...
- Which district in Kerala recorded the biggest decline in rice production in Kerala according to the Economic Review 2024?
The All India Financial Institutions (AIFIs) include several key entities that support development financing in India. Which of the following is NOT cat...