Which of the following points is/are "correct" with respect to the step made by the Reserve Bank of India?
A) RBI has decided to extend the Prompt Corrective Action Framework to all deposit-taking government NBFCs and non-deposit-taking government NBFCs in middle, upper and top Layers (excluding base layer) with effect from October 1, 2024.
B) RBI under section 35A of the Banking Regulation Act, 1949, has ordered the Bank of Baroda to immediately suspend the process of adding more customers to the 'Bob World' mobile application.
C) As per the RBI's monetary policy report, Personal loans /Retail loans form the biggest component of bank credit at 32.1 per cent of outstanding credit, as of March 2023.
1
Only A
2
Only A & B
3
Only B & C
4
Only A & C
5
All A, B & C