RBI has mandated all deposit-taking NBFCs (NBFCs-D) with how many branches to ap

Question

RBI has mandated all deposit-taking NBFCs (NBFCs-D) with how many branches to appoint Internal Ombudsman within six months?

Options:

A . 10

B . 5

C . 15

D . 20

Answer: Option A

The Reserve Bank of India has announced to introduce the Internal Ombudsman mechanism for Deposit-taking NBFCs (NBFCs-D) with 10 or more branches.

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