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      Question

      For NBFCs in the Base Layer, what is the ceiling per

      borrower for financing subscriptions to Initial Public Offers (IPO)?
      A ₹10 lakh Correct Answer Incorrect Answer
      B ₹50 lakh Correct Answer Incorrect Answer
      C ₹1 crore Correct Answer Incorrect Answer
      D ₹5 crore Correct Answer Incorrect Answer
      E ₹10 crore Correct Answer Incorrect Answer

      Solution

      There shall be a ceiling of ₹1 crore per borrower for financing subscription to Initial Public Offer (IPO). An NBFC can fix more conservative limits.

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