The Securitization And Reconstruction of Financial Assets and Enforcement of Sec

Question

The Securitization And Reconstruction of Financial Assets and Enforcement of Security Interest Act (SARFAESI) meant for recovery of loans which have become NPAis not applicable to:

Options:

A . Private Banks

B . Non – Banking Financial Companies

C . Financial Institutes of the Govt.

D . Public Sector banks

Answer: Option B

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