Question

A Listed Company shall after the
completion of buyback file a return of
buyback with
O Registrar & SEBI
Income Tax Department
Central Government
RBI
NEXT
CLEAR
SRIP​

Answer 1

Explanation:

NBFCs cannot offer interest rates higher than the ceiling rate prescribed by RBI from time to time. The present ceiling is 12.5 per cent per annum. The interest may be paid or compounded at rests not shorter than monthly rests. NBFCs cannot offer gifts/incentives or any other additional benefit to the depositors.