Question

    L&T Finance Ltd. transitioned to which type of

    Non-Banking Financial Company (NBFC)?
    A NBFC-Investment and Credit Company (NBFC-ICC) Correct Answer Incorrect Answer
    B NBFC-Micro Finance Institution (NBFC-MFI) Correct Answer Incorrect Answer
    C NBFC-Core Investment Company (NBFC-CIC) Correct Answer Incorrect Answer
    D NBFC-Non-Operative Financial Holding Company (NBFC-NOFHC) Correct Answer Incorrect Answer
    E NBFC-Factor Correct Answer Incorrect Answer

    Solution

    L&T Finance Ltd. transitioned to an NBFC-Investment and Credit Company (NBFC-ICC) following a merger of its subsidiaries.

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