Guidelines on Para Banking and Financial Services provided by Banks
Chapter notes, video classes, MCQ practice tests and quick-revision one-liners for Indian Economy and Indian Financial System — JAIIB.
One-liners from this chapter
Free sample — 8 of 63 rapid-fire Q&A cards.
Maximum bank equity in an IDF-NBFC?
49 % of equity
Minimum equity to qualify as sponsor?
30 % of equity
Bank holding < 30 % equity?
CANNOT be a sponsor
What is Primary Dealer (PD)?
is an entity registered with RBI as an authorised dealer in Government Securities (G-Secs) — committed to bidding at primary auctions and making secondary-market quotes.
Through a subsidiary — Registration Required With / Regulator?
Registration Required With: Register subsidiary as an NBFC with RBI; Regulator: RBI – DNBR
Through a department — Registration Required With / Regulator?
Registration Required With: Register with RBI's Internal Debt Management Department (IDMD); Regulator: RBI – IDMD
Minimum net worth of the bank?
₹1,000 crore
Maximum net NPA ratio?
≤ 3 %
MCQ practice tests
Chapter-wise mock tests with instant scoring.
PDF study notes
More chapters in Module D - Financial Products and Services
Master the full IEIFS syllabus
Every chapter of Indian Economy and Indian Financial System — videos, tests, notes and one-liner decks in one place.