Consider the following statements about the legal compliances of NBFCs:
1. NBFCs must register with the Financial Intelligence Unit-India (FIU-IND).
2. NBFCs must transfer at least 20% of their net profit annually to statutory reserves.
3. Membership with at least one Credit Information Company (CIC) is mandatory.
Which of the statements given above is/are correct?
1
1 and 2 only
2
2 and 3 only
3
1 and 3 only
4
All of the above
5
None of the above