Current Affairs · Banking & Financial Regulations
According to the regulatory framework proposed by the RBI, what is the minimum asset size required for a Non-Banking Financial Company (NBFC) to be classified in the Upper Layer (NBFC-UL)?
- 1Rs 1,50,000 crore and above
- 2Rs 10,000 crore and above✓
- 3Rs 75,000 crore and above
- 4Rs 50,000 crore and above
Correct answer
Rs 10,000 crore and above
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