જવાબ. કોઈ પણ અધિકૃત બેન્ક કે નોન- બેન્ક જારીકર્તા પીપીઆઈ ઈન્ટરઓપરેબિલિટીની સુવિધા આપી શકે છે.

No. For the purpose of the Scheme, an OBU in India is not treated as an overseas branch of a bank in India.

A. The requirement that Promoters / Promoter Group should have a past record of sound credentials and integrity as a part of ‘Fit and Proper’ criteria is a matter of overall judgment and no indicative criteria can be spelt out. [para 2 (B) of the guidelines]

Reserve Bank has given general permission to mutual funds approved by SEBI to purchase foreign securities, subject to such terms and conditions as may be stipulated.

The loans to individuals against the security of shares, debentures and PSU bonds if held in physical form should not exceed the limit of Rs.10 lakhs per borrower and Rs.20 lakhs if the securities are held in dematerialized form. The maximum amount of finance that can be granted to an individual for IPOs is Rs.10 lakh. The corporates should not be extended finance for investment in other companies’ IPOs and NBFCs should not be provided finance for further lending to individuals for IPOs. Finance extended by a bank for IPOs should be reckoned as an exposure to capital market.

Ans. Yes, it is mandatory for a PPI issuer to allow interoperability. It is mandatory for the PPI issuer to give the holders of full-KYC PPIs interoperability through authorised card networks and UPI. All modes of acceptance (including QR codes) and PPI issuance are required to be interoperable by March 31, 2022.

A. No. NOFHC is to be wholly-owned by the Promoters/Promoter Group. Therefore, it cannot be a listed company. [para 2 (C) (i) of the guidelines]

A uniform margin of 40% has been stipulated for all advances against shares.

જવાબ. ઈન્ટરઓપરેબિલિટી ફક્ત કેવાયસી કોમ્પ્લાયન્ટ પીપીઆઈ માટે મંજૂર છે.