Question

    By how much may Infrastructure Finance Companies exceed the concentration of credit norms in lending to any single borrower and any single group of borrowers?

    A 10% and 5% of its owned fund, respectively. Correct Answer Incorrect Answer
    B 15% and 20% of its owned fund, respectively. Correct Answer Incorrect Answer
    C 15% and 10% of its owned fund, respectively. Correct Answer Incorrect Answer
    D 10% and 15% of its owned fund, respectively. Correct Answer Incorrect Answer
    E 5% and 15% of its owned fund, respectively. Correct Answer Incorrect Answer

    Solution

    Infrastructure Finance Companies may exceed the concentration of credit norms in lending to any single borrower by 10% of its owned fund and to any single group of borrowers by 15% of its owned fund.

    Practice Next

    Relevant for Exams: