As regards DICGC Guarantee fee, the banks have discretion to absorb or to pass on the guarantee fee to the borrower in case of advances over Rs.25,000/- excluding advances to weaker sections. Banks should bear DICGC guarantee fees in respect of advances upto Rs.25,000/- and all advances to weaker sections.

The investing firm will have to be the member of the respective all-India professional organisation / body and the investment amount should not exceed US$ 1 million. or its equivalent in one financial year.

જવાબ. ના, પીપીઆઈમાં ભંડોળ લોડ કરવામાં આવ્યા પછી ધિરાણ અલગ કરવાની મંજૂરી નથી. લેણદેણની રકમ રૂ. 50,000/-થી વધુ હોવાથી સર્વ રકમ બેન્ક અકાઉન્ટમાં જમા કરાશે.

A dedicated e-mail has been created by the Reserve Bank of India to receive queries from members of public on Sovereign Gold Bonds. Investors can mail their queries to this email id.

Yes.  In case the maturity proceeds of a Government security exceeds Rupees One lakh,  the investor(s) should furnish the PAN details in advance so as to avail the facility of automatic redemption and receive the maturity proceeds along with the accruing interest thereon in his/her account on due date.

Remittance cannot be made directly or indirectly to Bhutan, Nepal, Mauritius or Pakistan. The facility is also not available for making remittances directly or indirectly to countries identified by the Financial Action Task Force (FATF) as ‘non-co-operative Countries or Territories' viz., Cook Islands, Egypt, Guatemala, Indonesia, Myanmar, Nauru, Nigeria, Phillippines and Ukraine. Further, remittance under the facility cannot be made to individuals and entities identified as posing significant risk or committing acts of terrorism as advised to banks by RBI from time to time.

All regulated financial services entities of the Promoters/Promoter Group in which the Promoters/Promoter Group has ‘significant influence’ or ‘control’ (as defined in Accounting Standard 23) have to be held by a NOFHC. Regarding financial groups setting up banks, the existing NBFC must transfer all regulated financial services business to a new company and shares in that new company must be held by the NOFHC. Conversion of the NBFC into a non operating holding company would enable meeting the requirement of para 2(C)(iii) of the guidelines provided the listed non operating holding company meets the requirement of para(C)(ii)(b) of the guidelines i.e. the public hold not less than 51 percent voting equity shares in the company.

Banks have freedom to charge interest rate beyond the declared 'spread' on advances granted to NBFCs for onlending for consumer credit.

A partnership firm which fulfills the conditions stipulated under the automatic route may make the investment without prior approval and submit a report containing the following details through an authorised dealer with in 30 days of making such investments –Name and full address and registration of partnership.Full details of investment abroad.Date and amount of remittance/amount of capitalisation of fees/other entitlements due.Name and address of the foreign concern together with its line of activities.Identification number (if already allotted by the Reserve Bank)

જવાબ. પીપીઆઈનો ઉપયોગ કરીને દરેક લાગલગાટ પેમેન્ટ લેણદેણ સ્પષ્ટ ગ્રાહક સંમતિ દ્વારા ઓથેન્ટિકેટેડ હોવી જોઈએ. આ જ રીતે કાર્ડના સ્વરૂપમાં (પ્રત્યક્ષ અથવા વર્ચ્યુઅલ)માં જારી પીપીઆઈ ડેબિટ કાર્ડસ માટે આવશ્યક મુજબ એડિશનલ ફેક્ટર ઓફ ઓથેન્ટિકેશન (એએફએ) ધરાવે એ જરૂરી છે, સિવાય કે પીપીઆઈ- એમટીએસ હેઠળ પીપીઆઈ જારી કરવામાં આવે.