Devkala Consultancy Service (2004) 11 SCC 1 [Indian Banks Association] for the proposition that the RBI's functions under Section 35A are confined to the boundaries of the RBI Act and the Banking Regulation Act and not to other statutes, such as the Insolvency ...
mock tests simulate the real exam scenario. the detailed solution and answers to all questions after each practice paper for both the exams give performance reports and help candidates to improve their weak sections and score better marks in the final exams . q6 q 6. how can i choose the ...
One of the traditional functions of a bank is credit creation, which, in essence, is the multiplied availability of money supply in an economy. For example, a bank accepts a demand deposit of Rs 100 from customer X, keeps 10% of the money as cash, and lends Rs 90 to customer Y, X...
data security, and privacy. It also has the power to investigate and take disciplinary action against non-compliant members. SROs act as intermediaries between industry players and regulatory bodies like the RBI,
RBI Guideline System administrators, security officers, programmers and staff performing critical operations invariably possess the capability to inflict severe damage on the banking systems they maintain or operate by virtue of their job functions and privileged access. Personnel with elevated system ...
The role and functions of the Advisory Council will include assisting the Commission in preparing papers or research studies and monitoring or evaluating studies ordered by the Finance Commission. This will enhance the Commission's understanding of the issues involved in its rules of engagement. ...
and crisil for better performance in the interview round. watch business news channels, and listen to podcasts related to business, the economy, and banking. keep track of rbi annual reports and go through them to enhance your knowledge. frequently asked questions on rbi grade b preparation q1 ...
Banking Authority drafted theEBA Guidelines on outsourcing arrangements. The guidelines were published following increasing interest from European and UK regulators on how banks and financial money institutions utilise new fintech solutions and the extent to which they can outsource IT functions and ...
Airtel believes that financial disincentives are not a function of the TRAI under TRAI Act Section 11. For context, this section lists the functions of TRAI and since imposing financial disincentives on telcos isn’t under this section, doing so would be “exceeding TRAI’s jurisdiction” Vatts...
NUCFDC will provide specialized functions and services to cooperative banks. It will facilitate communication between banks and regulators. Vishwanathan Committee had recommended an umbrella body for UCBs. There are over 1,500 Urban Cooperative Banks with 11,000 branches. ...