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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.
In the questions given below, a part of the sentence is given in bold. Below each sentence, some phrases are given which can substitute the bold part ...
It is refreshing to report that the piece is highly ambitious, biliously funny and right with the button .
Her hair reached below her knee and made themself almost a garment for her.
Select the most appropriate option to substitute the bold segment in the given sentence. If there is no need to substitute, select no improvement.
...In the following question, a part of the sentence is underlined. Below the sentence are three alternatives to the underlined part. Select the alternativ...
Tom is the tallest and the most intelligent between the three siblings.
Choose the option that is the indirect form of the sentence.
“I have joined computer classes” Rudra said.
In each question below, a sentence is given with a part of it printed in bold type. That part may contain a grammatical error. Each sentence is followe...
In the following sentences, an idiom or idiomatic phrase is given in bold. You need to determine whether the given idiom is correctly used in the conte...
In the following question, sentences are given with a part in bold. The given phrase in bold may or may not contain an error. The options following can...
