Current Affairs - Business - Discussion

Discussion Forum : Business - Latest Current Affairs (Q.No. 460)
460.
What type of operations did Bajaj Auto Consumer Finance receive RBI approval for?
Car dealership
Insurance company
Non-banking financial institution
Securities firm
Answer: Option
Explanation:
Bajaj Auto Consumer Finance received RBI approval to commence non-banking financial institution (NBFC) operations. This means that the company can now provide financial services such as loans, leases, and credit cards, without accepting public deposits.
Discussion:
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