The State Bank of India has partnered with the Indian Navy to launch a NAV-eCash card for the naval personnel onboard the country's largest Naval Aircraft carrier INS Vikramaditya.
Vice President M Venkaiah Naidu has inaugurated the Mahabahu Brahmaputra River Heritage Centre in the presence of Governor Jagdish Mukhi and Chief Minister Himanta Biswa Sarma in Guwahati Assam in the state of Maharashtra.
having the owned fund of not less than Rs 2 crore or such other amount not exceeding 15% of total financial assets acquired or to be acquired by the securitisation company or reconstruction company.
As per Section 3 of the SARFAESI Act, a company can carry the business of asset reconstruction only after obtaining a certificate of registration from RBI and, having the owned fund of not less than Rs 2 crore.
EXAMIANS