Current Affairs · Scale-Based Regulation for NBFCs
Consider the following statements regarding the Scale-Based Regulation (SBR) framework applied to Non-Banking Financial Companies (NBFCs): 1. The SBR framework was officially issued on October 22, 2021, to structure the regulatory oversight of NBFCs. 2. The framework categorizes NBFCs into exactly three tiers: Base Layer (NBFC-BL), Middle Layer (NBFC-ML), and Upper Layer (NBFC-UL). 3. The categorization of NBFCs into their respective layers is determined based on their asset size and a specific scoring methodology. 4. The Top Layer (NBFC-TL) is explicitly recognized as one of the constituent regulatory tiers within the SBR framework. Which of the statements given above are correct?
- 11, 3, and 4 only✓
- 23 and 4 only
- 32, 3, and 4 only
- 41 and 2 only
Correct answer
1, 3, and 4 only
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