C6 Flashcards
FEMA ACT
1999
IBC ACT
IBC 2016
micro prudential regulations
Regulations, which examine how individual institutions respond to exogenous shocks and ensure their soundness
The regulatory role of Reserve Bank covers
RRBs, commercial banks, co-operative banks and certain categories of Non-Banking Financial Companies (NBFCs) registered with it
The Ministry of Corporate Affairs (MCA) regulates
other financial companies registered with it.
NHB act
1987
____________- are regulated by Securities and Exchange Board of India (SEBI).
capital market, credit rating agencies, etc
The concept of Differentiated Banks was introduced in the country based on the recommendations of a committee under the chairmanship of ______________, to offer comprehensive financial services to small businesses and low-income households.
Dr Nachiket Mor in the year 2013
Reserve Bank issued guidelines for setting up Small Finance Banks (SFBs) and Payments Banks (PBs) in
November 2014.
The supervisory role of the Reserve Bank covers
commercial banks (including SFBs and PBs), urban co-operative banks (UCBs), some Financial Institutions (FIs) and Non-Banking Financial Companies (NBFCs) registered with it
____________- are supervised by National Bank for Agriculture and Rural Development (NABARD)
The Regional Rural Banks (RRBs), State Co-operative Banks (StCBs) and District Central Co-operative Banks (DCCBs) are supervised by National Bank for Agriculture and Rural Development (NABARD)
