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.
A non-heritable, environmental phenotype that is analogous to a genotype-determined phenotype in another person is termed as……………
...NRLM has a provision for interest subvention, to cover the difference between the Lending Rate of the banks and 7%, on all credit from the banks/financi...
Who launched the "Food for Peace" program in India?
The category of weeds is characterized by a lifespan of more than two years and can propagate through various means such as underground stems,...
The critical pest density level going beyond what is tolerable to crops is called
Late Blight is an important disease of potato.
A. Phytophthora is the causal organism of Late Blight in potato.
B. Kufri Chipsona is resis...
Sowing time of pea is:
Identify the 'green-house gas'.
What does the gravimetric method measure in relation to soil moisture?
Litchi plants are commercially multiplied by