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    Question

    As per RBI regulations, which of the following is

    mandatory for a Non-Banking Financial Company (NBFC) to be classified as an "Infrastructure Finance Company" (IFC)?
    A Minimum 75% of its total assets should be deployed in infrastructure loans Correct Answer Incorrect Answer
    B It must have a minimum Net Owned Funds of ₹500 crore Correct Answer Incorrect Answer
    C It should have a minimum credit rating of 'A' Correct Answer Incorrect Answer
    D It must be registered as a housing finance company Correct Answer Incorrect Answer
    E It cannot accept public deposits Correct Answer Incorrect Answer

    Solution

    The key defining criterion for an IFC is that at least 75% of its total assets must be deployed in infrastructure loans. While they have other regulations (like NOF requirement which is ₹300 crore, not necessarily ₹500 crore), option (a) is the core mandatory condition for the classification.

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