What is systemically important non deposit taking financial company?
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Systemically Important Non-Deposit Taking NBFC (NBFC-NDSI) is defined as a non-banking financial company not accepting / holding public deposits and having total assets of Rs. 500 crore and above.
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Non-deposit taking systemically important entities, tagged with the alphabet soup acronym NBFC ND-SI, are those with a threshold asset size greater than ₹500 crore—asset finance companies, asset reconstruction companies, infrastructure finance companies, and microfinance companies are among the various types that make.......
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