Current Affairs · Banking Regulations
The RBI guidelines on Default Loss Guarantee (DLG) in Digital Lending issued in June 2023 are applicable to Regulated Entities (REs) entering into DLG arrangements. Which of the following entities is NOT covered as a Regulated Entity under these guidelines?
- 1Non-Banking Financial Companies (NBFCs)
- 2State Co-operative Banks
- 3Small Finance Banks
- 4Payments Banks✓
Correct answer
Payments Banks
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