Current Affairs · Banking and Finance Regulations
In October 2025, Axis Finance was poised to be classified as an Upper-Layer NBFC (NBFC-UL) under the Reserve Bank of India's scale-based regulations. Within what time frame must an Upper-Layer NBFC mandatorily list its shares on a stock exchange from the date of classification?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Within two years of classification
- 2Within five years of classification
- 3Within one year of classification
- 4Within three years of classification✓
Correct answer
Within three years of classification
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