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the Recovery of Debts Due to Banks and Financial Institutions Act, 1993 governs the recovery of debts by banks and financial institutions. This statute empowers banks and financial institutions to recover debts due to them by initiating legal proceedings before the Debt Recovery Tribunals. The Act provides a specialized mechanism for the expeditious adjudication and enforcement of debt recovery matters, ensuring timely resolution of disputes between banks/financial institutions and their borrowers.
Consider the following about National Pension System (NPS) Trust:
I. NPS Trust is a specialized division of Pension Fund Regulatory and Develo...
“Special Drawing Rights” is associated with which of the following institution ?
National Payments Corporation introduces ______ App open-source license model to regulated entities that do not have a UPI app of their own?
World Economic Outlook is the biannual publication of which of the following institution ?
In 2022, the government took various measures to support the steel industry by removing the export duty on steel items and extending export benefits un...
Which private sector bank has acquires Citi's India consumer business of 30 lakh new customers in a Rs 12,325 crore deal?
Under the MSMED Act, 2006, what is the interest rate that a buyer must pay to an MSME supplier if payment is delayed beyond the agreed date?
Dexie Ltd has a preferred stock that pays a dividend of 8 per share and the current price of stock is 100. What is the cost of preferred stock?
The type of factoring under which the factor collects back from the seller the amount paid by him in case of non payment of bills on the due date is cal...
The discount rate that makes the present value of expected cash flows from the project equal to the initial cost of the project is called:
