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?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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