Question

    As per the recent guidelines by the RBI for Housing

    Finance Companies, what is the maximum deposit duration?
    A 36 months Correct Answer Incorrect Answer
    B 48 months Correct Answer Incorrect Answer
    C 60 months Correct Answer Incorrect Answer
    D 72 months Correct Answer Incorrect Answer
    E 84 months Correct Answer Incorrect Answer

    Solution

      The RBI has set a maximum deposit duration of 60 months for Housing Finance Companies, ensuring standardized deposit tenures.

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