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A Non-Banking Financial Company (NBFC) is a company registered under the Companies Act, 1956 engaged in the business of loans and advances, acquisition of shares/stocks/bonds/debentures/securities issued by Government or local authority or other marketable securities of a like nature, leasing, hire-purchase, insurance business, chit business but does not include any institution whose principal business is that of agriculture activity, industrial activity, purchase or sale of any goods (other than securities) or providing any services and sale/purchase/construction of immovable property. NBFCs will be classified into four categories – base, middle, upper and top layers. The regulatory structure for NBFCs comprises four layers based on their size, activity, and perceived riskiness. The Reserve Bank of India (RBI) has aligned provisioning norms for standard assets of large non-banking financial companies with that for commercial banks.
Department of Telecom (DoT) announced to use infrastructure owned by the power sector distributors for deployment of _____.
Govt has recently appointed Chief of the EXIM bank. Identify the Person ?
Capital Gearing is a fraction of
Arrange the Poverty Estimation Committees as per the historical time line.
I- National Planning Committe...
What was the outcome of the G7 summit regarding coalfired power plants?
Which of the following defines Inter-Operable Regulatory Sandbox (IoRS)?
What is the primary distinction between factoring and forfaiting?
Banks shall not publish the internal benchmark for which one of the following maturities:
Which regulation excludes family trusts set up for benefiting 'relatives' under the Companies Act, 2013, from being considered as AIFs?
BookMyShow and RBL Bank have collaborated to offer the new credit card called “Play” to increase the entertainment value for the Indian customers....