Question
Any existing NBFC-ICC (Investment Credit Company) , intending to undertake factoring business, shall make an application to the Reserve Bank for grant of CoR under the Act and needs to have total assets of ₹…………………….. and above, as per the last audited balance sheet to fulfill the eligibility requirements
More NBFC Questions
- For an NBFC in the Upper Layer (NBFC-UL), what is the minimum Common Equity Tier 1 (CET1) capital requirement?
- What is the minimum LCR that an NBFC must maintain on an ongoing basis?
- LCR requirements are applicable to all NBFC-D and which category of NBFC-ND?
- An NBFC in the Middle Layer (other than IFC) cannot have exposure to a "single party" exceeding what percentage of its Tier 1 capital?
- In how many days categorization of NPAs is required for NBFCs under the new guidelines for them
- What is the minimum subscription per borrowers for IPOs under new Scale based regulations of NBFCs
- Who bears the overall responsibility for the implementation of ALM systems in an NBFC?
- What is the maximum permitted leverage ratio for an NBFC-Base Layer (NBFC-BL)?
- What is the wrong statement about NBFCs?
- The Asset Liability Management (ALM) framework is applicable to NBFCs having an asset size of:
Relevant for Exams:
Hey! Ask a query
Please enter email id
The email must be a valid email address.
Please enter Mobile Number
Please enter valid Mobile Number
Please enter your Doubt
