Which of the following statement is true regarding NBFC.
a) NBFC cannot accept demand deposits.
b) NBFCs whose asset size is of ₹ 1000 cr or more as per last audited balance sheet are considered as systemically important NBFCs.
c) A Non-Banking Financial Company (NBFC) is a company registered under the Companies Act, 1954.
1
only a
2
only b
3
only c
4
a and c
5
All the above