CD issued for a minimum amount of Rs.1 lacs and not 5 lacs....now i am doubting everything...bcz i was relying only on u for tomorrow's exam....last 3 days se bs aapki videos dekh raha tha....nd u said 5 lacs with a damn great confidence
General guidelines (a) Primary issuance CDs shall be issued only in dematerialised form and held with a depository registered with Securities and Exchange Board of India. CDs shall be issued in minimum denomination of ₹5 lakh and in multiples of ₹5 lakh thereafter. The tenor of a CD at issuance shall not be less than seven days and shall not exceed one year. CDs shall be issued on a T+1 basis where T represents the date of closure of the offer period for issuance of the CDs.
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CD issued for a minimum amount of Rs.1 lacs and not 5 lacs....now i am doubting everything...bcz i was relying only on u for tomorrow's exam....last 3 days se bs aapki videos dekh raha tha....nd u said 5 lacs with a damn great confidence
General guidelines
(a) Primary issuance
CDs shall be issued only in dematerialised form and held with a depository registered with Securities and Exchange Board of India.
CDs shall be issued in minimum denomination of ₹5 lakh and in multiples of ₹5 lakh thereafter.
The tenor of a CD at issuance shall not be less than seven days and shall not exceed one year.
CDs shall be issued on a T+1 basis where T represents the date of closure of the offer period for issuance of the CDs.
RBI Guidelines: rbi.org.in/Scripts/NotificationUser.aspx?Id=12108&Mode=0
Ads are disturbing a lot in the videos
Add se hi revenue h bhai