Current Affairs - Banking - Discussion

Discussion Forum : Banking - Latest Current Affairs (Q.No. 1023)
1023.
Which organisation proposed four-layered bank norms for NBFCs?
RBI
Finance Ministry
NABARD
DBS Bank
Answer: Option
Explanation:
The Reserve Bank of India plans to usher in a four-layered regulatory and supervisory framework for non-banking finance NBFCs as it embarks on the path of a scale-based regulation in the backdrop of the recent stress in the sector.
Discussion:
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