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Fintech firm Cygnet has received in-principle approval from the Reserve Bank of India (RBI) to operate as a non-banking financial company (NBFC) account aggregator. The account aggregator license will allow them to participate in the transformational changes that are taking place in the financial sector. Small and medium-sized businesses will get better credit facilities whilst banks and other financial institutions will get an opportunity to widen their lending portfolio. RBI Headquarters: Mumbai Governor: Shaktikanta Das Deputy Governors: MK Jain, MD Patra, M Rajeshwar Rao and T. Rabi Sankar Non-Banking Financial Company (NBFC) is a company registered under the Companies Act, 1956 and engaged in the business of loans and advances, acquisition of shares/stocks/bonds/debentures/securities issued by Government or other marketable securities of a like nature, leasing, hire-purchase, insurance business, chit business. Account Aggregator Framework: It is a framework for data sharing between financial institutions like banks, pension funds, insurance companies and assets management companies. Under this, account aggregators (AAs) use technology for simple and secure exchange of the data between the institutions. With AAs, financial data can be used to access a vast array of financial services for your personal or business needs.
Which bean is used for extraction of gum?
Salmonellosis involves:
Which of the following are used to prevent germination of fungal spores?
Penicillin is a
What are the signs and symptoms of Fluorosis?
Options:
1. Genu valgum disease
2. Mottled Teeth
3. Lathyrism
4. Conjunctival Xerosis
Which of the following Additives are used in the manufacture of cheese?
Options:
1. Propionic acid
2. Calcium chloride
3. So...
Main composition of synthetic milk is
FSSAI's limit for pesticide residue in packaged water is:
Propionic acid and its salts are used in ______ making.
The chemical name of vitamin B6 is