Current Affairs - Business - Discussion

Discussion Forum : Business - Latest Current Affairs (Q.No. 460)

2023-09-04 Business

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.