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Start learning 50% faster. Sign in nowFACE - Fintech Association for Consumer Empowerment Industry body Fintech Association for Consumer Empowerment (FACE) has applied to the Reserve Bank of India (RBI) to take on the role of a self-regulatory organisation (SRO) in the digital lending industry. The report of the RBI working group on digital lending, released on November 18, recommended, among other things, the constitution of an SRO covering the participants in the digital lending ecosystem. Member companies of FACE cater to more than half of the consumer lending market volumes in India and serve a cumulative consumer base of over 90 lakh consumers across 19,000 pin codes.
Under the Basel III guidelines, it is advised to create a countercyclical capital buffer of 0-2.5%. Which of the following is not true about this buffer:
The appellate authority to which an appeal can be filed against any award of the Banking Ombudsman?
The Basel III capital regulations are based on which of mutually reinforcing Pillars
What percentage from the employer’s contribution towards EPF is directed towards Employees’ Pension Scheme?
How much procurement from MSEs is mandated under the Public Procurement Policy?
When was the upward revision of the MSME definition approved under the Aatmanirbhar Bharat Package?
What is the Loan-to-Value (LTV) ratio for loans against gold, given by Scheduled Commercial Banks (SCBs)?
The CRILC data is used by banks and lenders for due diligence of prospective borrowers. CRILC gets credit data from banks on exposures of what amount? �...
Which of the following is not the name of the sensitive index of any stock exchange ?
In a capital market, which is efficient informationally:
