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Banks’ exposures to a single NBFC (excluding gold loan companies) will be restricted to 20 percent of their eligible capital base (Tier I capital). However, based on the risk perception, more stringent exposure limits in respect of certain categories of NBFCs may be considered by banks. Banks’ exposures to a group of connected NBFCs or group of connected counterparties having NBFCs in the group will be restricted to 25 percent of their Tier I Capital The exposure of a bank to a single NBFC which is engaged in lending against collateral of gold jewelry (i.e. such loans comprising 50 percent or more of their financial assets), shall not exceed 7.5 percent of the bank’s capital funds (Tier I plus Tier II Capital). However, this exposure ceiling may go up by 5 percent, i.e., up to 12.5 percent of banks’ capital funds if the additional exposure is on account of funds on-lent by such NBFCs to the infrastructure sector
Where both the parties to an agreement are under a mistake as to a matter of fact essential to the agreement:
Which of the following is an exception to the concept that agreements by way of wager are void?
Indian Taxation law is based on which of the following principle?
Which of the following is not credited to Subscriber Education and Protection Fund?
The maximum period for which a magistrate may send the arrested person in police custody is :
The Specific Relief Act, 1963 came into force on______________
Under the Prevention of Money Laundering Act (PMLA), 2002, which of the following is a "reporting entity" under the Act?
Which of the following shall be an Appellate Tribunal under the Competition Act, 2002?
Before a suit is instituted against the Government a notice has to be issued to the government as per which section of CPC?
Law of Limitation is based on the maxim-