Every chairman of the Board of directors who is appointed on a whole-time basis and every managing director of a banking company shall be in the whole -time employment of such company and shall hold office for such period, ________________, as the Board of directors may fix, but shall, subject to the provisions of this section, be eligible for re-election or re-appointment
Banking Regulation Act, Section 10B. Banking company to be managed by whole time chairman: (2) Every chairman of the Board of directors who is appointed on a whole-time basis and every managing director] of a banking company shall be in the whole-time employment of such company and shall hold office for such period, not exceeding five years, as the Board of directors may fix, but shall, subject to the provisions of this section, be eligible for re-election or re-appointment.
The process of financial audit begins with?
What is the provisioning requirement for a standard asset for fund based facilities of Farm Credit to agricultural activities, individual housing loans ...
What is the minimum tradable amount at which treasury bill is quoted in secondary market?
Calculate Net Profit Ratio:
A person or their relative or partner who is indebted to the company for an amount exceeding what threshold is disqualified for the appointment of an au...
Compared to investing in a single security, diversification provides investors a way to:
Which of the following is true regarding the Insolvency and Bankruptcy Code (IBC) and its impact on insurance companies in India?
If the due date of a bill is after the closing date of accounts, then interest from the date of closing to the due date is written in the appropriate si...
Which of the following statements is/are correct about the city of Shanghai as a global financial center?
1) Shanghai has the highest number o...
Which of these are covered under Regulated Entities (RE):
1. All India Financial Institutions (AIFIs)
2. All Non-Banking Finance Companies...