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    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.

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