Question
RBI’s Regulatory Framework for Microfinance Loans
Directions, 2022, will take effect on ?Solution
· RBI has instructed regulated entities lending to the microfinance sector to ensure that loans are collateral-free and not secured by a lien on the borrower’s deposit account, that repayment obligations are capped, that interest rates are not usurious, and that there is no prepayment penalty.
Consider the following statements regarding bridge loan:
(A) It is a loan made by a bank for a longer period to make up for permanent shortage...
_________ bank has partnered with MobiKwik for co-branded virtual Visa prepaid card.Â
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How much penalty is to be paid by a person having more than one Permanent Account Number (PAN card)?
__________________ is a decrease in the rate of inflation – a slowdown in the rate of increase of the general price level of goods and servic...
The Headquarter of SIDBI Is located in
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I. HPI@ mark price is based on actual ...
Any rupee note, which has a political slogan is not a legal tender as per.
CIBIL score is used in?Â
The International Bank for Reconstruction and Development (IBRD) is an international financial institutions that offer loans to-
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