Question
What is the new limit on the ceiling for public deposits
for HFCs as per the revised RBI guidelines?Solution
The ceiling on public deposits for HFCs has been reduced from 3 times to 1.5 times of net owned funds, according to the revised RBI guidelines. This measure aims to reduce excessive leveraging by HFCs.
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Which Ramsar site in India is known as Asia’s largest brackish water lagoon?
Which initiative was launched by the central government to enhance the tourism sector in India?
A study published in the Indian Journal of Traditional Knowledge highlighted the effectiveness of which traditional drug system in reducing anemia among...
National Mountaineering Day in India is celebrated on:
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What is NOT correct about CRR (Cash Reserve Ratio)?
i. The CRR is determined by a percentage of Net Demand and Time Liabilities
ii. Invest...
On which date will Francis Ford Coppola receive the AFI Life Achievement Award?
In which country did Aaryan Varshney secure his final GM norm?
What does Microsoft’s BioEmu AI model achieve prediction accuracy within?
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