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🏦 JAIIB IE-IFS Para Banking and Financial Services Provided by Banks 20 cards
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IE-IFS Capsule Cards PRO Para Banking and Financia…
Banks offering PMS must keep customer funds completely separate from the bank's assets. What is the minimum tenure for accepting portfolio funds?
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Portfolio Management Services (PMS) Rules
Para Banking and Financial Services Provided by Banks 166
WA 166
IE-IFS Capsule Cards PRO Para Banking and Financia…
Banks can act as agents for Mutual Fund companies to sell their products. What strict restriction applies to the bank regarding the purchase of these units?
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Bank as a Mutual Fund Agent
Para Banking and Financial Services Provided by Banks 146
WA 146
IE-IFS Capsule Cards FREE Para Banking and Financia…
Banks can undertake factoring services either departmentally or through a subsidiary. If done departmentally, what type of recourse is permitted?
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Departmental factoring services can be provided with recourse OR on a limited/without recourse basis, subject to a Board-approved policy.
Continuation:
The exposure is reckoned on the assignor for with-recourse factoring, and on the debtor for without-recourse factoring.
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Factoring Services by Banks
Para Banking and Financial Services Provided by Banks 141
WA 141
IE-IFS Capsule Cards FREE Para Banking and Financia…
Banks can undertake Primary Dealership (PD) business via a subsidiary. What is the Minimum Net Owned Fund (NOF) requirement for this subsidiary?
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The minimum Net Owned Fund (NOF) required for a Primary Dealership subsidiary is Rs 1,000 crores.
Continuation:
Additionally, they must have a Minimum CRAR of 9% and Net NPAs of less than 3%, with a profit-making record for three years.
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Primary Dealership Eligibility (NOF)
Para Banking and Financial Services Provided by Banks 116
WA 116
IE-IFS Capsule Cards PRO Para Banking and Financia…
Banks offer referral services, passing client leads to third parties for a fee. What type of products can they refer, and what is the key condition?
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Referral Services Restrictions
Para Banking and Financial Services Provided by Banks 116
WA 116
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IE-IFS Capsule Cards PRO Para Banking and Financia…
Banks are permitted to undertake Pension Fund Management. Can this specific service be offered directly by the bank departmentally?
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Pension Fund Management Restriction
Para Banking and Financial Services Provided by Banks 111
WA 111
IE-IFS Capsule Cards PRO Para Banking and Financia…
If a bank wants to set up a joint venture for an insurance business with risk participation (underwriting), what is the minimum net worth requirement?
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106 Views
Insurance Business Subsidiary Criteria
Para Banking and Financial Services Provided by Banks 106
WA 106
IE-IFS Capsule Cards PRO Para Banking and Financia…
Can a commercial bank directly act as an insurance broker without setting up a separate subsidiary?
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Insurance Broking Departmentally
Para Banking and Financial Services Provided by Banks 105
WA 105
IE-IFS Capsule Cards PRO Para Banking and Financia…
Banks are allowed to retail Government Securities to non-bank clients. What type of trading transaction is strictly forbidden in this retail process?
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Retailing of Government Securities
Para Banking and Financial Services Provided by Banks 93
WA 93
IE-IFS Capsule Cards PRO Para Banking and Financia…
To provide formal Investment Advisory Services, how must a bank structure this business under RBI rules?
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Investment Advisory Services (IAS)
Para Banking and Financial Services Provided by Banks 82
WA 82
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IE-IFS Capsule Cards PRO Para Banking and Financia…
Venture Capital involves high risk. What is the regulatory requirement if a bank wishes to make a strategic investment of >10% in a VC Fund?
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Venture Capital Investments by Banks
Para Banking and Financial Services Provided by Banks 35
WA 35
IE-IFS Capsule Cards PRO Para Banking and Financia…
Can a scheduled commercial bank offer broking services for the commodity derivatives segment directly to its customers?
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Commodity Derivatives Broking
Para Banking and Financial Services Provided by Banks 33
WA 33
IE-IFS Capsule Cards PRO Para Banking and Financia…
Banks primarily accept deposits and lend money. What is the term for the other financial activities they undertake, like mutual funds or insurance?
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Para Banking Definition
Para Banking and Financial Services Provided by Banks 23
WA 23
IE-IFS Capsule Cards PRO Para Banking and Financia…
Banks can form subsidiaries for equipment leasing. Are these subsidiaries allowed to engage in lending or other financial activities?
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Equipment Leasing Subsidiary Restrictions
Para Banking and Financial Services Provided by Banks 23
WA 23
IE-IFS Capsule Cards PRO Para Banking and Financia…
Banks can tie up with Mutual Funds to offer cheque-writing facilities to investors. This is restricted to which specific type of mutual fund schemes?
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Cheque Writing for Mutual Funds
Para Banking and Financial Services Provided by Banks 21
WA 21
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IE-IFS Capsule Cards PRO Para Banking and Financia…
A 'Safety Net' is an assurance to buy back shares from retail investors if the IPO price crashes. What is RBI's stance on banks offering this facility?
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Safety Net Schemes in IPOs
Para Banking and Financial Services Provided by Banks 20
WA 20
IE-IFS Capsule Cards PRO Para Banking and Financia…
To protect depositors' funds, RBI restricts how much a bank can invest in its financial subsidiaries. What is the equity investment limit?
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Limit on Subsidiary Investment
Para Banking and Financial Services Provided by Banks 20
WA 20
IE-IFS Capsule Cards PRO Para Banking and Financia…
Banks can sponsor an Infrastructure Debt Fund (IDF) to finance long-term projects. What is the maximum equity contribution a bank can make to an IDF-NBFC?
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Infrastructure Debt Fund (IDF) Sponsoring
Para Banking and Financial Services Provided by Banks 20
WA 20
IE-IFS Capsule Cards PRO Para Banking and Financia…
Transparency is vital in para-banking activities. Where must a bank disclose the commissions and fees it earns from selling insurance or mutual funds?
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Disclosure of Remuneration
Para Banking and Financial Services Provided by Banks 20
WA 20
IE-IFS Capsule Cards PRO Para Banking and Financia…
When a bank undertakes 'Agency Business', what is the nature of its compensation and risk involvement?
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Agency Business Characteristics
Para Banking and Financial Services Provided by Banks 19
WA 19
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Para Banking and Financial Services Provided by Banks — JAIIB IE-IFS Capsules

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All 20 cards on this page
Portfolio Management Services (PMS) Rules Banks offering PMS must keep customer funds completely separate from the bank's assets. What is the mini… Bank as a Mutual Fund Agent Banks can act as agents for Mutual Fund companies to sell their products. What strict restriction applie… Factoring Services by Banks Banks can undertake factoring services either departmentally or through a subsidiary. If done department… Primary Dealership Eligibility (NOF) Banks can undertake Primary Dealership (PD) business via a subsidiary. What is the Minimum Net Owned Fun… Referral Services Restrictions Banks offer referral services, passing client leads to third parties for a fee. What type of products ca… Pension Fund Management Restriction Banks are permitted to undertake Pension Fund Management. Can this specific service be offered directly… Insurance Business Subsidiary Criteria If a bank wants to set up a joint venture for an insurance business with risk participation (underwritin… Insurance Broking Departmentally Can a commercial bank directly act as an insurance broker without setting up a separate subsidiary? Retailing of Government Securities Banks are allowed to retail Government Securities to non-bank clients. What type of trading transaction… Investment Advisory Services (IAS) To provide formal Investment Advisory Services, how must a bank structure this business under RBI rules? Venture Capital Investments by Banks Venture Capital involves high risk. What is the regulatory requirement if a bank wishes to make a strate… Commodity Derivatives Broking Can a scheduled commercial bank offer broking services for the commodity derivatives segment directly to… Para Banking Definition Banks primarily accept deposits and lend money. What is the term for the other financial activities they… Equipment Leasing Subsidiary Restrictions Banks can form subsidiaries for equipment leasing. Are these subsidiaries allowed to engage in lending o… Cheque Writing for Mutual Funds Banks can tie up with Mutual Funds to offer cheque-writing facilities to investors. This is restricted t… Safety Net Schemes in IPOs A 'Safety Net' is an assurance to buy back shares from retail investors if the IPO price crashes. What i… Limit on Subsidiary Investment To protect depositors' funds, RBI restricts how much a bank can invest in its financial subsidiaries. Wh… Infrastructure Debt Fund (IDF) Sponsoring Banks can sponsor an Infrastructure Debt Fund (IDF) to finance long-term projects. What is the maximum e… Disclosure of Remuneration Transparency is vital in para-banking activities. Where must a bank disclose the commissions and fees it… Agency Business Characteristics When a bank undertakes 'Agency Business', what is the nature of its compensation and risk involvement?
Chapters in this paper
Micro Finance Institutions Non-Banking Financial Companies (NBFCs) Fixed Income Markets – Debt and Bond Markets Interconnectedness of Markets and Market Dynamics Merchant Banking Services Foreign Exchange Markets (IE-IFS) Factoring, Forfaiting and Trade Receivables Discounting System (TReDS) Venture Capital Lease Finance and Hire Purchase Credit Rating and Credit Scoring Pension Products Para Banking and Financial Services Provided by Banks Real Estate Investment Trusts (REITs) and Infrastructure Investment Trusts (InvITs) An Overview of Indian Economy Fundamentals of Economics, Microeconomics, and Macroeconomics and Types of Economies Indian Financial System – An Overview
Modules in IE-IFS
MODULE A: Indian Economic Architecture MODULE B: Economic Concepts Related to Banking MODULE C: Indian Financial Architecture MODULE D: Financial Products & Services
JAIIB papers
IE-IFS — Indian Economy & Indian Financial System PPB — Principles & Practices of Banking AFM — Accounting & Financial Management for Bankers RBWM — Retail Banking & Wealth Management
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