Question
What is the minimum total liquid asset requirement for
deposit-taking HFCs by January 01, 2025, as stated by RBI?Solution
The Reserve Bank of India (RBI), in August 2024, tightened norms related to public deposit acceptance by housing finance companies (HFCs), which were so far subject to relaxed prudential norms compared to non-banking financial companies (NBFCs). Currently, deposit taking HFCs are required to maintain 13% liquid assets against public deposits held by them. This will be enhanced to 15% of the public deposits held by them, in a phased manner. Accordingly, by January 1, 2025, these HFCs have to maintain 14% liquid assets, which include unencumbered approved securities. And, by July 2025, they have to hold 15% of total liquid assets as per cent of public deposits. The details are as below:
- Price of rice is increased by 25%. Find the percentage by which consumption must be decreased so that expenditure on rice remains unchanged.
If the price of rice has increased from Rs 40 per kg to Rs. 60 per kg, by how much percent a person has to decrease his consumption so that his expendit...
A gave 40% of amount to B. B gave 30% of amount received from A to C. If amount received by C from B is Rs.144, then find the amount received by B from A.
Income of Riya is Rs. (124n + 1680). She spends 75% of her income and saves the rest. Savings of her friend Mehul is Rs. 960 more than that of her. Mehu...
0.5 is what percentage of 20?
- The sum of two numbers, x and y, is 640. If x is reduced by 8% and y is raised by 12%, the two values become equal. Determine the value of y.
The incomes of Ajay and Pawan are in the ratio of 5:3. Ajay allocates 20% of his income to food, spends 25% of the remaining amount on education, and sa...
Which of the following represent a 20% increase and a 10% decrease, respectively?
- In a company of 6000 employees in 2022, 70% were engineers and the rest were managers. In 2023, if the number of engineers increased by 20% and the number ...
In a metro, there are as many wagons as there is the number of seats in each wagon. In one of the wagon carrying 125 persons is filled with 62 (1/2)Â %...