Accounting · Banking Regulation and Standards
A banking company's asset classification into Non-Performing Assets (NPAs) is primarily governed by guidelines issued by which authority in India?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Institute of Chartered Accountants of India (ICAI)
- 2Reserve Bank of India (RBI)✓
- 3Ministry of Corporate Affairs (MCA)
- 4Securities and Exchange Board of India (SEBI)
Correct answer
Reserve Bank of India (RBI)
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