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Housing Finance companies are regulated by RBI w.e.f 2019 Rest of the statements are true. As per the recent Scale Based Regulation by RBI for NBFCs NBFCs without public funds and customer interface will always remain in the Base Layer of the regulatory structure The extant NPA classification norm stands changed to the overdue period of more than 90 days for all categories of NBFCs. A glide path is provided to NBFCs in Base Layer to adhere to the 90 days NPA norm as under – NPA Norms Timeline >150 days overdue By March 31, 2024 >120 days overdue By March 31, 2025 > 90 days By March 31, 2026 The glide path will not be applicable to NBFCs which are already required to follow the 90-day NPA norm. There shall be a ceiling of ₹1 crore per borrower for financing subscription to Initial Public Offer (IPO). NBFCs can fix more conservative limits
Which article of the Indian Constitution deals with the amendment process?
Indian Institute of Pulses Research is located in?
Which statements accurately describe Hepatitis?
(I) Hepatitis is both infectious and non-infectious in origin.
(II) Hepatitis exclusively ...
What is the target year for the Open Acreage Licensing Policy (OALP) to achieve its objectives?
At the 53rd International Film Festival of India held in Panaji, Goa which of the following movies has won the Best Film Award?
The new Mopa airport is in___?
Which state is going to host 36th National Games?
Kolkata-based filmmaker Abu Sohel Khondekar's short film "Mehroon" won a special jury mention at which film festival?
Eastern Yamuna Canal was constructed in?
The Ministry of Coal had launched _________ ,a mobile App for reporting unauthorized illegal coal mining.