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As per the revised norms by the RBI, the ceiling on the quantum of public deposits held by deposit-taking Housing Finance Companies (HFCs) has been re...

Banking IBPS PO Mains Easy Financial Awareness MCQ

Question

As per the revised norms by the RBI, the ceiling on the quantum of public deposits held by deposit-taking Housing Finance Companies (HFCs) has been reduced from 3 times of net owned funds to what revised limit?

Options

A.

1.0 times

B.

1.25 times

C.

0.5 times

D.

2.0 times

E.

1.5 times

rbihousing finance companiespublic depositsnet owned fundsbanking regulations

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