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The 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.
Who has been given an additional charge of the Ministry of Food Processing Industries?
Which bilateral exercise focuses on professional artillery exchanges between India and Singapore?
Commander Maha Bundela was associated with which of the following wars in the Indian Sub Continent during the 19th century?
Gati Shakti University, Vadodara has signed an MoU with whom?
Nanda Devi National Park was established in which year?
Who is the newly appointed Chairman and CEO of the Railway Board, starting September 1, 2024?
What is the new collateral-free agricultural loan limit set by the RBI effective from January 1, 2025?
Which state government has launched the 'Mukhyamantri Gramin Awas NYAY Yojana', a rural housing scheme aimed at providing affordable housing to marginal...
Which state’s Nagri Dubraj rice variety has got G.I tag?
Consider the following statements:
Statement 1: Southwest monsoon winds from the Arabian Sea and the Bay of Bengal blow southwest to northeast ov...