Which organization launched a pilot scheme for NBFCs?
(A)NABARD
(B)RBI
(C)SIDBI
(D)IRDA
(E) DRDO
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Explanation:
Which organization launched a pilot scheme for NBFCs?
(A)NABARD
(B)RBI
(C)SIDBI✔️✔️
(D)IRDA
(E) DRDO
Answered by
1
Answer:
The answer to the above question is C- SIDBI (Small Industries Development Bank of India)
They came up with an initiative to extend the financial scheme to fund the small businesses and to increase the fund threshold up to 10 crores to new-age fintech non-banking finance companies. Fintech NBFC is a digital loan company and they provide convenient and fast access for funding.
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Explanation:
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