Economics · Classification of NBFCs
A Non-Banking Financial Company (NBFC) whose principal business is providing finance for the purchase or construction of houses is classified by the RBI as a:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Core Investment Company (CIC)
- 2Housing Finance Company (HFC)✓
- 3Infrastructure Finance Company (IFC)
- 4Investment Company (IC)
Correct answer
Housing Finance Company (HFC)
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