Question
In January 2025, which organization received a ₹500
crore capital infusion from the Government of India through a preferential issue of equity shares?Solution
In January 2025, the Industrial Finance Corporation of India (IFCI) received a ₹500 crore capital infusion from the Government ofIndia through a preferential issue of equity shares. The board approved issuing 8,07,23,280 equity shares to the government, which was expected to increase the government's stake beyond the existing 71.72% as of September 2024.
The 'Basel III' framework primarily focuses on:
The 'MCLR' (Marginal Cost of Funds based Lending Rate) system replaced the earlier 'Base Rate' system. What is a key component in calculating MCLR?
Which of the following would not affect bank reconciliation?
Which of the following is not allowed in small accounts?
The process by which a bank converts the cheques and other instruments deposited by customers into cash is known as:
The Basel III framework introduced a new capital buffer called the Countercyclical Capital Buffer (CCyB). What is its primary purpose?
'CBS' in the context of banking stands for:
In cases where REs are unable to meet Customer Due Diligence (CDD) requirements due to a customer’s lack of cooperation, what is the recommended actio...
As per the Nayak committee, what percentage of its annual projected turnover should a n MSME get as working capital from a bank?
The process by which a central bank influences the money supply and interest rates by buying and selling government securities is known as:
