Definition of NBFC (50-50 Test)

IE-IFS Non-Banking Financial Companies (NBFCs) Free JAIIB Capsule 30 views Updated
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IE-IFS · Non-Banking Financial Companies (NBFCs)
What is the '50-50 test' used by the RBI to legally classify a company as a Non-Banking Financial Company (NBFC)?
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What is the '50-50 test' used by the RBI to legally classify a company as a Non-Banking Financial Company (NBFC)?

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This capsule covers Indian Economy & Indian Financial System, Non-Banking Financial Companies (NBFCs). Members get the complete explanation plus every other premium capsule, mock test and PDF.

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