Question
RBI issued final guidelines for NBFCs not availing
public funds and not having customer interface. These 'Unregistered Type I NBFCs' have an asset size of less than how much?Solution
NBFCs that do not avail public funds and do not have a customer interface and have an asset size of less than Rs 1,000 crore are exempted from registration with the RBI and will be classified as 'Unregistered Type I NBFCs'.
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