BANK SIDBI Grade A (General) Phase I Mock Test 2024 Finance Financial Institutions Non-Banking Financial Institutions
Which of the following statements about bank finance to NBFCs is correct?
1. Banks can provide working capital facilities and term loans to all NBFCs registered with RBI.
2. Banks can extend finance to NBFCs against second-hand assets financed by them.
3. Banks are prohibited from formulating their own loan policies for financing NBFCs.
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