Question
Which organization recently received approval from the
Reserve Bank of India (RBI) to commence asset reconstruction operations in the fiscal year 2024-2025?Solution
The Shriram Group, headquartered in Chennai, Tamil Nadu, has been granted permission by the RBI to venture into the asset reconstruction sector during FY25. Shriram Credit, a branch of Shriram Capital Limited (SCL), will handle the wealth management side in partnership with various collaborators. Meanwhile, SCL itself will directly operate the asset reconstruction services. Additionally, Shriram Finance Limited (SFL), the largest retail non-banking financial company (NBFC) in India, anticipates a 15% increase in its Assets Under Management (AUM) for the year.
Any rupee note, which has a political slogan is not a legal tender as per.
Any rupee note, which has a political slogan is not a legal tender as per.
Consider the following statement with reference to the Special Drawing Rights(SDRs).
A) It is an international reserve asset created by the IM...
The Headquarter of Bhartiya Mahila Bank (BMB) is situated at
“Where India Banks” is the tagline of ____________ .
What is the meaning of Bank Rate?
Which of the following statements is FALSE about the function of a commercial bank
Where are the headquarters of the Reserve Bank of India?
What is the full form of NPCI?
If the third proportion of 18 and 15 is “0.4m”, then find the value of (m − 10) : (m + 30).
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