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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