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RBI issued guidelines for compensation of key managerial personnel and senior management of non-banking finance companies, RBI said that the finance companies have to constitute a nomination and remuneration committee (NRC), which will have the mandate to oversee the framing, review and implementation of compensation policy of the company with the approval of the board. NRC may ensure that compensation levels are supported by the need to retain earnings of the company and the need to maintain adequate capital based on Internal Capital Adequacy Assessment Process (ICAAP). ICAAP (Internal Capital Adequacy Assessment Process) notifies the Board of the current assessment of the bank's risks, how the bank plans to alleviate those risks, and the quantity of current and future capital is needed.
India’s foreign trade policy can be best described as -
What was the rank of India in World Press Freedom Index 2018?
_______ is a dance-drama of semi historical tales and ballads traditional to the state of Uttar Pradesh.
Which of the following bank launched the Healthlife scheme with Apollo Hospitals?
What is the minimum bulk deposit threshold for Regional Rural Banks (RRBs) as per the recent RBI guidelines?
Food is cooked in a pressure cooker quickly because
Which of the following is not one of the priority highlighted by the Union minister Smt. Nirmala Sitharaman in Union Budget 2023-24?
Which ports belong to the western coast of India?
What percentage of stake did Zurich Insurance acquire in Kotak General Insurance?
Who became the first player of Indian origin to play in an NBA game?