Question
What is the minimum asset size required for an NBFC to
be classified as a ‘Systemically Important NBFC’ in India?Solution
According to RBI’s NBFC classification, an NBFC is considered systemically important if its asset size is ₹500 crores or more. These NBFCs are subject to stricter regulatory requirements due to their potential impact on financial stability.
Which campaign celebrates 75 years of India's Republic and emphasizes constitutional literacy?
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