Question
Which bank will be the lead sponsor of National Asset
Reconstruction Company Limited (NARCL)?Solution
Canara Bank will be the lead sponsor of National Asset Reconstruction Company Limited (NARCL) or bad bank with 12 per cent stake in the entity. National Asset Reconstruction Company Ltd (NARCL) is the proposed bad bank for taking over stressed assets of lenders. It was announced in the Budget for 2021-22.
Escorts has signed MoU with ________ for tractor financing.Â
Which of the following organizations associated with investigations in an act of Money laundering ?
PCA refers to ?
Who gets the status of Public Sector Banks of India?
Consider the following statements regarding bridge loan:
(A) It is a loan made by a bank for a longer period to make up for permanent shortage...
Which of the following is true about Non-Banking Financial Company (NBFC) ?
I. An NBFC cannot accept demand deposits
II.A n NBFC is n...
Axis Bank has its Head office in __________ and Registered office in _________ .
The Cheque Truncation System (CTS) in India is first introduced in the year?
Which of the following is not considered as direct instruments of RBI?
Which of the following is true about the discounting of bill of banks?
I. Banks provide short-term finance by discounting bills, by making pay...
