Current Affairs · Banking Sector and Financial Institutions
Examine the following statements about Development Financial Institutions (DFIs) and All India Financial Institutions (AIFIs) in India: Statement A: NaBFID (National Bank for Financing Infrastructure and Development) was established as a DFI to provide long-term, non-recourse infrastructure financing. Statement B: All DFIs in India are completely exempted from maintaining Cash Reserve Ratio (CRR) and Statutory Liquidity Ratio (SLR) requirements. Statement C: EXIM Bank, SIDBI, and NHB are classified as All India Financial Institutions (AIFIs) and are regulated by the RBI. Which of the statements given above are correct?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Only Statements A and B
- 2Only Statements B and C
- 3Only Statements A and C✓
- 4All Statements A, B, and C
Correct answer
Only Statements A and C
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