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Start learning 50% faster. Sign in nowThe RBI imposed a penalty of ₹10 lakh on Poonawalla Fincorp Limited, Pune, due to non-compliance with the 'Fair Practices Code for NBFCs,' specifically for charging interest on loans from dates prior to disbursal, which was against the terms communicated to customers.
As per RBI guidelines, a bank should price retail loans, especially housing loans based on which of the following?
A bank borrows Rs.50 crore from call money market on a daily basis. It invests in 5-year Government of India bonds with YTM of 7.10% having market value...
Which of the following are not TRUE about CERSAI?
1. CERSAI’s full form is Central Registry of Securitization Asset Reconstruction and ...
What is the limit of annual household income for a collateral free loanto be considered as a microfinance loan?
Which company became the first Indian firm to surpass ₹10 lakh crore in annual revenue?
Which of the following types of credit risks is most relevant when an MSME has difficulty recovering dues from corporate clients, particularly when the ...
Calculate the Working Capital Turnover Ratio:
Effective communication is extremely important for leaders so as to achieve the organisational goals. Which of these must be avoided for effective comm...
Tenure of first auditor shall be from the date of appointment till the?
Under written down value method of Depreciation, the WDV of the asset is always: