Current Affairs - Miscellaneous - Discussion

Discussion :: Miscellaneous - Latest Current Affairs (Q.No.378)

378. 

What is the ceiling limit set by RBI for financing subscription to Initial Public Offer (IPO) of NBFCs per borrower?

[A]. Rs 75 lakh
[B]. Rs 1 crore
[C]. Rs 2 crore
[D]. Rs 5 crore

Answer: Option B

Explanation:

There will be a ceiling of Rs. 1 crore per borrower for financing subscription to Initial Public Offer (IPO) of NBFCs.

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