Banks Flashcards
Bank - NABARD
Year -
committee -
Act -
Features -
1982
B Sivaraman
NABARD ACT
100% GOI
RBI regulates
HQ- Mumbai
does not directly lend
Bank - RRB
Year -
committee -
Act -
Features -
1975
M Narishma
RRB act
50% - GOI, 15% - state govt, 35% - sponsor bank
Swaminathan - Father of RRB
75% credit - priority sector
Bank - Land development bank
Year -
committee -
Act -
Features -
1920
no committee
cooperative societies act
Semi-cooperative -member - no voting power
collateral land -
Credit - 50% land value or 30 times the revenue
Bank - Payment Bank
Year -
committee -
Act -
Features -
___min capital
____% deposits in Govt bonds
____% deposits in other bank
_____% investment by indians
_______% Branches in unbanked areas
____ lakh is a cap on deposits
Get listed if net worth is ___ cr +
2015
Nachiket mor
Registration - companies act, License - Banking regulation act
Min - 100cr,
75
25
26
25
2
500
Bank - small bank
Year -
committee -
Act -
Features -
Min capital ___cr
___% in priority sector
___% in Unbanked area
___lakh cap on deposits
Loans criteria-?
2016
Nachiket mor
Register - companies
license- Banking regulation act
200cr
75
25
1
10% net worth of individual
15% ent worth of group
No big loans
Sell forex
company - Asset restructuring companies
Act
Committee
year
features
CAR- ____%
MIN capital -___cr
_________committee for review of its working
2021
SARFAESI act
Narshimha commitee 1991
15%
Min capital - 100cr
GOVT Has no direct equity
Sudarshan
bank - NBFC
act
Min capital-
companies act - registered
Regukate - RBI ACT
2cr
no priority sector
ONLY time deposits
NO CRR - ONLY DEPOSITS TAKING NBFC REQUIRE CRR
Following NBFC are regulated by -
venture capital fund
Merchant bank
stock broking
Insurance NBFC
Housing Finance
NIDHI
Chit fund
SEBI
SEBI
SEBI
IRDA
National housing bank
Ministry of cooperative affairs
State govt
NPCI
ACT?
Companies act
Payment and settlement act
