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OCTOBER BA - Coggle Diagram

- - - - The app allows a user to open an investment account in less than 2 minutes
      - start executing transactions instantly.
      - Federal Bank & Aditya Birla Health Insurance Announce Bancassurance Partnership
- - - - Under the SBR framework, NBFCs are categorised into 4 layers as Base Layer (NBFC-BL),
        
        Middle Layer (NBFC-ML), Upper Layer (NBFC-UL), and a possible Top Layer (NBFC-TL) based on the size, activity, etc
        
        Base Layer
- - - - As per the report, the bank credit has registered a 5.8 percent growth in the first quarter of the financial
        year 2021-22
      - compared to 5.1 percent in Q4 of FY21.
      - Female borrowers had nearly 22 percent share in the amount of credit to individuals
      - Bank branches in metropolitan branches which accounted for nearly 63 percent of total credit have recorded
        growth of 2.7 percent.
- - - - the wholly-owned subsidiary of BSE, has received an in-principle
      - approval from the Reserve Bank of India (RBI) for setting up and operating Trade Receivables Discounting
      - System (TReDS) under the Payments and Settlement Systems Act, 2007.
      - TReDS
        
        Trade Receivables Discounting
        System (TReDS)