Current Affairs · Banking Regulations and Guidelines
Under the Reserve Bank of India's Scale Based Regulation (SBR) framework for NBFCs, what is the maximum credit exposure limit permitted for an Upper Layer NBFC to a single borrower and a single group of connected borrowers, expressed as a percentage of its Tier I capital?
- 1Single Borrower: 25%; Group of Borrowers: 40%✓
- 2Single Borrower: 20%; Group of Borrowers: 30%
- 3Single Borrower: 15%; Group of Borrowers: 25%
- 4Single Borrower: 10%; Group of Borrowers: 15%
Correct answer
Single Borrower: 25%; Group of Borrowers: 40%
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