Question
Consider the following statements regarding the stringent norms imposed by RBI with respect to defaulters- I.The Reserve Bank of India (RB
- A . II. A wilful defaulter is a borrower or a guarantor who has defaulted without being constrained to do so and the outstanding amount is Rs 50 lakh and above. III.A large defaulter is one whose amount in default is Rs 1 crore and above. Which of the following statements is/are correct in the above information?
- I has notified that lenders would have to examine all aspects relating to wilful default on accounts and identify wilful defaulters within six months of a loan becoming a non-performing asset (NP
More Beepedia Questions
- With whom has Indigo airline signed a deal to buy 500 A320 aircraft?
- Which two Indian festivals have been nominated for inclusion in UNESCO’s Intangible Cultural Heritage list for 2025?
- How much equity does the Maharashtra Maritime Board (MMB) hold in the Vadhvan Port Project?
- What does P stand for in the term POEM ?
- Consider the following about Startup India: I. Startup India initiative was announced by the Prime Minister of India on 15th August, 2015. II. There is no ...
- What was the theme of the first Tri Services Academia Technology Symposium (T-SATS)?
- India and Algeria signed a Memorandum of Understanding (MoU) to boost cooperation in which area?
- What is the YoY deposit growth rate reported by RBI for the banking sector?
- The wholesale price index - ( WPI -) based inflation rate for September decelerated to an 18 - month low of _______ .
- What is the estimated production of Onion in 2023-24 according to the Second Advance Estimates?
Relevant for Exams:
Hey! Ask a query
Please enter email id
The email must be a valid email address.
Please enter Mobile Number
Please enter valid Mobile Number
Please enter your Doubt