2021
|
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
|
|
|
Rs 75 lakh
|
|
|
Rs 1 crore
|
|
|
Rs 2 crore
|
|
|
Rs 5 crore
|
Detailed explanation-1: -“There shall be a ceiling of Rs 1 crore per borrower for financing subscription to Initial Public Offer (IPO). NBFCs can fix more conservative limits, ” stated the RBI circular. “The instructions relating to ceiling on IPO funding…
Detailed explanation-2: -SBR stipulates a ceiling limit of INR 1 crore per borrower in case of IPO financing by NBFCs. That is, Lender should be an NBFC.
Detailed explanation-3: -There shall be a ceiling of ₹1 crore per borrower for financing subscription to Initial Public Offer (IPO).”
Detailed explanation-4: -As per the extant regulations, every NBFC is required to maintain a minimum capital ratio of 15 per cent of its aggregate risk-weighted assets (including both on and off- balance sheet items). To further strengthen their capital position, the PCA framework for NBFCs will be made effective from October 1, 2022.
Detailed explanation-5: -The Reserve Bank had issued the Scale Based Regulation (SBR): A Revised Regulatory Framework for NBFCs (the framework) on October 22, 2021. The framework categorises NBFCs in Base Layer (NBFC-BL), Middle Layer (NBFC-ML), Upper Layer (NBFC-UL) and Top Layer (NBFC-TL).