According to the Master Directions for Non-Banking Financial Company-Microfinance Institutions (NBFC-MFIs) issued by the Reserve Bank of India, what is the requirement regarding the minimum percentage of 'qualifying assets' that must be maintained, and what is the annual household income limit defined for a 'microfinance loan' across all areas?

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Current Affairs · RBI Master Directions for NBFC-MFIs

Verified Solution4 OptionsUpdated: October 2026👁️1 View

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Qualifying assets must be 85% of total assets; annual household income limit is 3 lakh for all households.

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Answer 1

Qualifying assets must be 50% of total assets; annual household income limit is 2 lakh for all households.

Answer 2

Qualifying assets must be 85% of total assets; annual household income limit is 3 lakh for all households.

Answer 3

Qualifying assets must be 60% of total assets; annual household income limit is 3 lakh for all households.

Answer 4

Qualifying assets must be 75% of total assets; annual household income limit is 1.25 lakh for rural and 2 lakh for urban.

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