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Section 3 of Depositories Act Certificate of commencement of business by depositories—(1) No depository shall act as a depository unless it obtains a certificate of commencement of business from the Board. (2) A certificate granted under sub-section (1) shall be in such form as may be specified by the regulations. (3) The Board shall not grant a certificate under sub-section (1) unless it is satisfied that the depository has adequate systems and safeguards to prevent manipulation of records and transactions: Provided that no certificate shall be refused under this section unless the depository concerned has been given a reasonable opportunity of being heard.
What is the l imit on total exposure of an originator /lender to the securitization exposures belonging to a securitisation structure or scheme ?
Which of the following Statements is/are True?
I- AT-1 bonds are a type of unsecured, perpetual bonds.
II- The return on AT-1 bonds is u...
_______ is the entit y that was formed to identify and check fraudulent activity in lending transactions against equitable mortgages .
Which of the following statement concerning credit risk is incorrect?
Which of the following describes a charge which is a contract between the borrower and lender in which the borrower offers security to the lender and th...
A Debenture of face value of Rs.500 is currently quoting at Rs.530. The duration of the debenture is 3 years. The market interest rates moved from 4.5%...
The economic value of a bank can be viewed as the sum of present values of the bank’s expected ________
What will be the impact on the portfolio’s systematic risk with the increase in the number of stocks in a portfolio?
CERSAI was formed to discourage and prevent the practice of taking out various loans from several banks using the same asset or property. What does the ...
The activities of the bank covering issue and underwriting of shares and debentures for its clients are known as:
