Economics · Economy
According to the Reserve Bank of India, for a NBFC-MFI, the maximum variance permitted for individual loans between the minimum and maximum interest rate ________.
- 1cannot be less than 4 per cent
- 2cannot be less than 2 per cent
- 3cannot exceed 2 per cent
- 4cannot exceed 4 per cent✓
Correct answer
cannot exceed 4 per cent
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