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The Reserve Bank of India (RBI) accepted the Centre’s request for allowing non-financial institutions and non-regulated entities to own more than 40 per cent of IDBI Bank. Non-financial institutions and non-regulated entities, such as private equity firms, currently, can own only 10 per cent and 15 per cent. In banks, regulated entities and public sector undertakings are allowed to hold up to 40 per cent. The RBI allows the holding of a higher stake, over 40 per cent, on a case-to-case basis. RBI Headquarters: Mumbai Governor: Shaktikanta Das Deputy Governors: MK Jain, MD Patra, M Rajeshwar Rao and T. Rabi Sankar IDBI Headquarters: Mumbai MD & CEO: Rakesh Sharma
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6124.8 × 625.5 × 0.0043 is equal in value to:
The practice of appending notes regarding contingent liability in accounting statements is pursuant to:
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1. Germany attacked the US naval base at Pearl Harbour.
2. Winston Church...
Consider the following statements:
1. Money Bill can be introduced in any House of Parliament.
2. If any question arises whether a bill ...
What is the purpose of an API in software development?
Match List-I (Outstanding Sports persons at the Athens Olympics) with List-II (Country) and select the correct answer using the codes given below the L...
Who administers the “Varishtha Pension Bima Yojana” (VPBY) scheme?
Without stopping the speed of the train is 150 kmph, with stopping the speed of the train is 80 kmph.Find the stop time of the train?
Which of the following are part of transfer payments?
1. Remittances received by people residing in India
2. Imported Petro-Chemical pr...