Current Affairs - Banking - Discussion
Discussion Forum : Banking - Latest Current Affairs (Q.No. 1702)
1702.
This organisation has received a licence from the Reserve Bank of India (RBI) to start a Non-Banking Financial Company (NBFC).
Answer: Option
Explanation:
Kirloskar Capital has received a licence from the Reserve Bank of India (RBI) to start a Non-Banking Financial Company (NBFC). Kirloskar Capital is a wholly-owned subsidiary of Kirloskar Oil Engines (KOEL). It will be headed by Vimal Bhandari. Prior to joining Kirloskar Capital, Vimal Bhandari was the Chief Executive Officer (CEO) of Indostar Capital.
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