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The Small Industries Development Bank of India (SIDBI) and the Global Alliance for Mass Entrepreneurship (GAME) have selected 18 cohorts for their NBFC Growth Accelerator Program (NGAP). Designed as a five-month initiative, the programme will offer mentorship from domain experts in areas such as risk management, corporate governance, and technology. It levies a fee of Rs 1 lakh per Non-Banking Financial Company (NBFC), a cost that is nearly 80 percent subsidised. This collaboration between SIDBI and GAME aims to enhance the lending capabilities of NBFCs focused on Micro, Small and Medium Enterprises (MSMEs). The initiative seeks to facilitate more reasonable credit rates for smaller NBFCs, thereby strengthening capital flow into the MSME sector.
Which of the following best describes the role of the National Asset Reconstruction Company Ltd (NARCL) in the Indian banking sector?
When was the RAMP Scheme commenced?
Which of the following is/are the basic component(s) of financial risk?
What is the minimum average maturity period of ECBs as per the ECB Framework of 2019?
Which of the following describes credit risk?
The Risk of prepayments of loans and bonds and or premature withdrawal of deposits is called ________
Sale of a security that is not owned by the seller is called?
HDFC Bank is a systemically important Bank. As such, it has to maintain additional Common Equity Tier 1 of ________ as a percentage of its Risk-Weighted...
Banks are mandated not to accept collateral security for MSE sector loans up to what amount?
According to the Union Budget 2023-24, consider the following statements.
1. National Green Hydrogen Mission, with an outlay of 19,700 crores