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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 β‚Ή500 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 β‚Ή300 crore, not necessarily β‚Ή500 crore), option (a) is the core mandatory condition for the classification.

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