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      Question

      Which entity transitioned from an NBFC-Core Investment

      Company (NBFC-CIC) to a Non-Banking Financial Company (Investment and Credit Company) (NBFC-ICC) following a merger of its subsidiaries?
      A HDFC Ltd. Correct Answer Incorrect Answer
      B Bajaj Finance Ltd. Correct Answer Incorrect Answer
      C L&T Finance Ltd. Correct Answer Incorrect Answer
      D Tata Capital Correct Answer Incorrect Answer
      E Aditya Birla Finance Correct Answer Incorrect Answer

      Solution

      L&T Finance Ltd. transitioned to a Non-Banking Financial Company (Investment and Credit Company) (NBFC-ICC) after merging with its subsidiaries, as mentioned in the document.

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