Question
No company other than a banking company shall use as
part of its name or, in connection with its business nor shall any company carry on the business of banking in India unless it uses as part of its name at least one of the ________________ wordsÂSolution
Banking Regulation Act Bank, Banker or Banking or Banking Company, Reason: Section 7- Use of words "bank", "banker", "banking" or "banking company"- No company other than a banking company shall use as part of its name or, in connection with its business any of the word’s "bank", "banker" or "banking" and no company shall carry on the business of banking in India unless it uses as part of its name at least one of such words.
Which among the following may be defined as the cost of raising an additional rupee of capital?
Under which section of the Companies Act 2013 NFRA is constituted?Â
What does "ESG" stand for in the context of BRSR and SEBI's requirements?
To be eligible for transitioning into a Universal Bank, what is the maximum permissible Gross Non-Performing Assets (GNPA) ratio for the SFB in the last...
IFSCA has recently issued 6) Guidelines for Business Continuity Plan (BCP) and Disaster Recovery (DR) for Market Infrastructure institutions (MIIs), how...
What filing requirements were introduced for Fund Management Entities (FMEs) regarding schemes or funds launched in the IFSC as per the April 2024 IFSCA...
Rahul bought 100 shares of Reliance for price of Rs.1500 per share. After one year he sold the shares for Rs.1700. Reliance paid out a dividend of Rs.1...
What must a company do if a declared dividend has not been paid or claimed within thirty days from the date of declaration?
Consider the following statement:
I. Government will launch a new sub-scheme of PM Matsya Sampada Yojana with targeted investment of 5,000 cr...
Commercial bank credit to NBFCs for on-lending to priority sector is allowed up to _____ of the bank’s total PSL, as per RBI regulations?