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Start learning 50% faster. Sign in nowThe minimum tenure of deposits to be taken by NBFCs is 12 months.All NBFCs are not allowed to take deposits. Only those NBFCs which have specific authorization from RBI are allowe d to accept/hold public deposits. NBFCs cannot take demand deposits. They can accept only term deposits with a tenure of minimum 12 months.
Which notable figure was named chairperson of the Athletics Federation of India’s Athletes Commission?
Banks have written off bad loans worth Rs 14.56 lakh crore in the last nine financial years starting 2014-15. Out of the total Rs 14,56,226 crore, writt...
Which department launched the School Health Program in Uttar Pradesh and Lucknow Smart City?
Which country has launched a new communication satellite named “Inmarsat-6 F1”?
On the birth anniversary of first woman Prime Minister Indira Gandhi the Rajasthan government has launched the free sanitary pads for women scheme, name...
Which country holds 21 % of the world's lithium reserves, and India is in the final stages of negotiating to acquire lithium blocks for exploration and ...
Who are the newly nominated governing council members of the National Investment and Infrastructure Fund Trustee Ltd (NIIFTL)?
What is the new per-transaction limit for UPI123Pay after the RBI's recent enhancement?
ONDC has partnered with which company to help small businesses in making them digitally upskilled over the next two years ?
Which award did Nobel Peace Prize laureate Rigoberta Menchú Tum receive recently?
