Question
In the RBI's list of 15 non-banking financial companies
(NBFCs) placed under the upper layer as per scale-based regulation (SBR) for 2023-24, which company ranked First?Solution
The Reserve Bank of India (RBI) listed out the names of 15 non-banking financial companies (NBFCs) placed under the upper layer as per scale-based regulation (SBR) for 2023-24. LIC Housing Finance Limited ranked first on the list, followed by Bajaj Finance Limited on second and Shriram Finance Limited (formerly Shriram Transport Finance Company Limited) on third.
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