📢 Too many exams? Don’t know which one suits you best? Book Your Free Expert 👉 call Now!

  • google app store apple app store
  • ✖

      Question

      Under the RBI's Ombudsman scheme, what is the minimum

      asset threshold for NBFCs to be covered?
      A ₹200 crore Correct Answer Incorrect Answer
      B ₹150 crore Correct Answer Incorrect Answer
      C ₹100 crore Correct Answer Incorrect Answer
      D ₹75 crore Correct Answer Incorrect Answer
      E ₹50 crore Correct Answer Incorrect Answer

      Solution

      Non-Banking Financial Companies (NBFCs) with assets of ₹100 crore and above are covered under the RB-IOS, 2021. The scheme now includes commercial banks, RRBs, co-operative banks, and eligible NBFCs to ensure uniform grievance redressal across institutions.

      Practice Next
      More Beepedia Questions
      ask-question