Which one is not included in NonBanking Financial Institutions (NBFIs)?

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Question

Which one is not included in NonBanking Financial Institutions (NBFIs)?

Options:

A . SIDBI

B . EXIM

C . NABARD

D . BOI

Answer: Option D
Answer: (d)
A non-bank financial institution is a financial institution that does not have a full banking license or is not supervised by a national or international banking regulatory agency.
NABARD, EXIM, SIDBI are examples of NBFIs. Bank of India (BoI) is a Mumbai-headquartered commercial bank that has been government-owned since nationalization in 1969.

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