Current Affairs - Business - Discussion
Discussion Forum : Business - Latest Current Affairs (Q.No. 1107)
1107.
Who has received Reserve Bank of India's (RBI) approval to operate its own non-banking financial company (NBFC)?
Answer: Option
Explanation:
PayU India has received Reserve Bank of India's (RBI) approval to operate its own non-banking financial company (NBFC). The move will help PayU promote inclusive growth in the country by catering to the diverse financial needs of various segments of the society. The approval from the central bank is subject to "certain pending RBI compliance".
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