Question

Which of the following statements is true regarding the National Bank for Financing Infrastructure and Development (NaBFI

  • D ?
A It is regulated as a Scheduled Commercial Bank by the RBI.
B It is established as India’s fifth All India Financial Institution (AIFI) under a specific statutory Act.
C It primarily focuses on short-term crop loans and rural artisans.
D It is completely owned by private corporate conglomerates.
E It cannot raise long-term resources from the debt market.
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