Question
Under the ECBA framework, what is the maximum number of
states a Tier 3 or Tier 4 UCB with over ₹50 crore net worth can expand into per year without RBI approval?Solution
As per the ECBA framework, Tier 3 or Tier 4 Urban Co-operative Banks (UCBs) with a net worth over ₹50 crore can expand into up to 2 additional states per year without prior RBI approval, provided they meet capital adequacy and other norms.
EEFC account acts like which account?
Under the “Credit Enhancement Scheme”, IIFCL provides credit enhancement by way of unconditional and irrevocable partial credit guarantee to enhanc...
As per the recent guidelines by RBI for issuance of Share Capital by Rural Co-operative Banks, what is the limit of the outstanding amount of PNCPS and ...
What type of contracts are currently available for trading on IIBX?
Which section of SARFAESI Act deals with measures of Asset Reconstruction?
Which of the following term is not related to the banking industry?
NABARD refinance loan of which sector in Indian?
The bailment of goods as security for payment of debt or performance of a promise is called:
__________ is a theory according to which the interest rate differential between two countries is equal to the differential between the forward exchange...
The Banking Ombudsman Scheme is introduced under which of the following sections in Banking Regulation Act, 1949?
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