1.

What is a systematically important NBFC?1). Any NBFCs whose asset size is of ₹ 1000 cr or more as per last audited balance sheet is called a systematically important NBFC2). Any NBFCs whose asset size is of ₹ 800 cr or more as per last audited balance sheet is called a systematically important NBFC3). Any NBFCs whose asset size is of ₹ 500 cr or more as per last audited balance sheet is called a systematically important NBFC4). Any NBFCs whose asset size is of ₹ 300 cr or more as per last audited balance sheet is called a systematically important NBFC

Answer»

NBFC’s whose asset size is of ? 500 cr or more as per the last audited BALANCE sheet are CONSIDERED as systemically IMPORTANT NBFC’s. The logic for such CLASSIFICATION is that the activities of such NBFC’s will have a bearing on the financial stability of the overall economy.$



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