Question
Which of the following public sector bank has received
the approval of the RBI to open a special Vostro account with Gazprom Bank of Russia for trade settlement in Indian rupees?Solution
UCO Bank has received the approval of the Reserve Bank of India to open a special Vostro account with Gazprom Bank of Russia for trade settlement in Indian rupees. UCO Bank which is a Kolkata-based lender is the first bank to receive the regulator’s approval following the decision of RBI to allow Indian Banks to settle trade in Indian currency in July.
Which of the following describes a charge which is a contract between the borrower and lender in which the borrower offers security to the lender and th...
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As per Schedule III of the Companies Act, 2013, the current maturities of long term debt have to be shown under which of the following heading?
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Under the Basel III norms, what is the minimum Capital to Risk-weighted Assets Ratio (CRAR) that banks in India are required to maintain?
CERSAI was formed to discourage and prevent the practice of taking out various loans from several banks using the same asset or property. What does the ...
What is the l imit on total exposure of an originator /lender to the securitization exposures belonging to a securitisation structure or scheme ?
Which of the following statement concerning credit risk is incorrect?