Question
What does the RBI’s new ECBA framework aim to
regulate?ÂSolution
The ECBA (Eligibility Criteria for Business Authorisation) framework lays out new norms for branch and ATM expansion of UCBs, replacing the earlier FSWM norms, focusing on financial health and governance.Â
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Ratio of the cost price of article ‘A’ to ‘B’ is 5:3, respectively. Article ‘A’ is marked up by 40% above its cost price and then sold at a ...
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