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    Systemically important NBFCs

    Posted By : Sohil / Published on : 20-Aug-2022 05:33 AM / View : 322 / Comment : 2

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    Dear members,
    There is a concept of systemically important NBFCs, Please clarify the term.
    Read more on : nbfcs important systemically

    • Hi Sohil!

      NBFCs whose asset size is of ₹ 500 cr or more as per last audited balance sheet are considered as systemically important NBFCs. The rationale for such classification is that the activities of such NBFCs will have a bearing on the financial stability of the overall economy.

      Thanks!

      22-08-2022 / 05:16:44 AM
      Reply
    • Hello!!!

      NBFCs whose asset size is of ₹ 500 cr or more as per last audited balance sheet are considered as systemically important NBFCs. The rationale for such classification is that the activities of such NBFCs will have a bearing on the financial stability of the overall economy.

      ThankYou!!!

      27-08-2022 / 05:13:16 AM
      Reply
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