Current Affairs · Banking Regulations & Policies
In August 2025, which financial services group was granted a non-deposit-taking Non-Banking Financial Company (NBFC) license by the Reserve Bank of India, enabling the launch of a new lending unit named Equirus Finance with a focus on bespoke lending products exceeding Rs 3,000 crore?
- 1Bajaj Finance
- 2Equirus Group✓
- 3Tata Capital
- 4Mahindra Finance
Correct answer
Equirus Group
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