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Under Automatic Route, the cases are examined by the AD Category-I Banks. Whereas under Approval Route, borrowers send their requests to the Reserve Bank of India through their AD banks for examination. ECBs can be raised only for a specific period called Minimum Average Maturity Period (MAMP).
Pages in category "Subsidiaries of the Reserve Bank of India" The following 4 pages are in this category, out of 4 total. This list may not reflect recent changes .
The functions of the subsidiary are governed by the provisions of 'The Deposit Insurance and Credit Guarantee Corporation Act, 1961' (DICGC Act) and 'The Deposit Insurance and Credit Guarantee Corporation General Regulations, 1961' framed by the Reserve Bank of India in exercise of the powers conferred by sub-section (3) of Section 50 of the Act.
This is a list of banks which are considered to be Scheduled Banks under the second schedule of RBI Act, 1934. [1] [2]At end-March 2024, India's commercial banking sector consisted of 12 public sector banks (PSBs), 21 private sector banks (PVBs), 45 foreign banks (FBs), 12 SFBs, six PBs, 43 RRBs, and two LABs.
Reserve Bank of India (RBI) in turn includes only those banks in this Schedule which satisfy all the criteria laid down vide section 42(6)(a) of the said Act. Banks not under this Schedule are called Non-Scheduled Banks
The Reporting Body Identifier is the first two digits of a Global System for Mobile Communications Type Allocation Code, and indicates the GSMA-approved organization that registered (or, before 2002, approved) a given mobile device, and allocated the model a unique code.
A list of regulators in India. [1] ... List. 1. RBI – Reserve Bank of India. Sector: Banking & Finance, Monetary Policy Start function on 1 April 1935
The interest rate on WMA is at or around bank rate (with small adjustment for different kinds of WMA for State Govt.) and overdrawing if any carries 2% higher interest. Duration 10 consecutive working days for Central Govt. and 21 days for State Govt. Amount ceiling Limits on WMA are fixed at the beginning of a fiscal year by RBI. For 2018–19 ...