Current Affairs · Banking Regulations
What is the primary operational objective of the Large Exposure Framework (LEF) guidelines issued by the RBI for commercial banks?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1To oversee and regulate technical integration of fintech lending platforms
- 2To expand retail unsecured credit facilities across urban areas
- 3To enforce mandatory minimum lending targets exclusively to micro enterprises
- 4To limit a bank's maximum exposure to a single counterparty or a group of connected counterparties to mitigate concentration risk✓
Correct answer
To limit a bank's maximum exposure to a single counterparty or a group of connected counterparties to mitigate concentration risk
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