Question

By how much may Infrastructure Finance Companies exceed the concentration of credit norms in lending to any single borrower and any single group of borrowers?

A 10% and 5% of its owned fund, respectively. Correct Answer Incorrect Answer
B 15% and 20% of its owned fund, respectively. Correct Answer Incorrect Answer
C 15% and 10% of its owned fund, respectively. Correct Answer Incorrect Answer
D 10% and 15% of its owned fund, respectively. Correct Answer Incorrect Answer
E 5% and 15% of its owned fund, respectively. Correct Answer Incorrect Answer

Solution

Infrastructure Finance Companies may exceed the concentration of credit norms in lending to any single borrower by 10% of its owned fund and to any single group of borrowers by 15% of its owned fund.

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