Current Affairs · Banking Regulation
Under the RBI guidelines, what is the minimum asset size required for a Non-Deposit taking Non-Banking Financial Company (NBFC-ND) to mandatorily appoint an Internal Ombudsman?
- 1Rs. 10,000 crore
- 2Rs. 5,000 crore✓
- 3Rs. 2,500 crore
- 4Rs. 1,000 crore
Correct answer
Rs. 5,000 crore
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