Question

How many housing finance companies are included in the upper layer under scale based regulation for NBFCs for the year 2023-24 according to the Reserve Bank of India?

A 10 Correct Answer Incorrect Answer
B 12 Correct Answer Incorrect Answer
C 15 Correct Answer Incorrect Answer
D 18 Correct Answer Incorrect Answer
E 20 Correct Answer Incorrect Answer

Solution

The Reserve Bank of India (RBI) on September 14 announced the list of non-banking finance companies (NBFCs) in the upper layer under scale based regulation for NBFCs for the year 2023-24. The list has 15 companies that include LIC Housing Finance, Bajaj Finance, Shriram Finance and Tata Sons Pvt Ltd among others.

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