Current Affairs · Banking Sector Regulations
Which of the following statements is/are correct regarding the Scale Based Regulation (SBR) list released by the Reserve Bank of India (RBI) in September 2023? A) RBI released the names of 15 Non-Banking Financial Companies (NBFCs) in the Upper Layer (NBFC-UL) for the year 2023-24. B) The NBFC-UL includes NBFCs identified by the RBI as warranting enhanced regulatory requirements based on parameters and scoring methodology. C) TMF Business Services Limited (formerly Tata Motors Finance Limited) was included in the final list of 15 NBFC-UL for 2023-24.
- 1All A, B, and C
- 2Only B & C
- 3Only A & B✓
- 4Only A
Correct answer
Only A & B
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