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The 5:25 scheme allows banks to extend long-term loans of 20-25 years to match the cash flow of projects, while refinancing them every 5 or 7 years. Under SDR, banks who have given loans to a corporate borrower gets the right to convert the full or part of their loans into equity shares in the loan taken company. While RBI’s earlier ideas to resolve bad loans such as Strategic Debt Restructuring (SDR) required banks to oust existing promoters, S4A allows the incumbent management to continue, as long the default isn’t wilful. Prompt Corrective Action is a system of RBI under which it can initiate a corrective action in case of a bank which is found to be having low capital adequacy or high Non-performing Assets. These are called Trigger Points. RBI takes such action when Capital Adequacy Ratio goes down to less than 9% and Non-Performing Assets go up to more than 10%. Further, if return on assets us below 0.25%; this also serves as a trigger point to Prompt Corrective Action.
The term precept is used with respect to
If an accused pleads that he did not make the confession, it amounts to
Under the Bharatiya Sakshya Adhiniyam, 2023, which of the following statements best reflects the admissibility of electronic evidence?
Which of the following is NOT a requirement for obtaining a patent under Indian law?
A painter purchased a painting machine to paint the house of a very important customer. While painting, due to a malfunctioning in the painting machine...
Who are the Class I heirs under the Hindu Succession Act?
Banks in India have to maintain a portion of their demand and time liabilities with the Reserve Bank of India. This portion is called?
A, an illiterate person, executes some document in favour of B. The burden of proof lies on
An agent ____________ personally enforce contracts entered into by him on behalf of his principal, nor is he personally bound by them
A school teacher, with a view to maintain discipline, punishes a ten years’ student with simple punishment.