What should be the equity participation by the NBFC of the IDF?

A)
25-35%
B)
30-49%
C)
50-60%
D)
55-70%

Correct Answer : Option (B) - 30-49%



IDF-NBFCs can be sponsored by banks and Infrastructure Finance companies. ‘Sponsorship’ means an equity participation by the NBFC between 30 to 49% of the IDF.

Published On : June 27, 2021
Category : Banking