BANK SIDBI Grade A (General) Phase I Mock Test 2024 Banking and Financial Institutions Banking sector reforms in India NPA management
What is the minimum requirement for an NBFC-Factor to be eligible for bank finance?
1
Must derive at least 50% of income from factoring activities
2
Must hold a minimum net worth of ₹5 crore
3
Must not engage in bill discounting activities
4
Must have a credit rating of A or above
5
None of the abobve