RBI Regulations for NBFCs
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RBI Regulations for NBFCs

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@CourteousWildflowerMeadow

Questions and Answers

Which department of the Reserve Bank of India issued the Master Direction on Non-Banking Financial Company – Scale Based Regulation?

Department of Regulation

Under which act does the Reserve Bank of India have the power to regulate the affairs of Non-Banking Financial Companies?

Reserve Bank of India Act, 1934

What is the purpose of the Master Direction on Non-Banking Financial Company – Scale Based Regulation?

All of the above

Which act empowers the Reserve Bank of India to regulate the factoring business of Non-Banking Financial Companies?

<p>Factoring Regulation Act, 2011</p> Signup and view all the answers

Where is the Central Office of the Reserve Bank of India located?

<p>Mumbai</p> Signup and view all the answers

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