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Which of the following is not correct re...

Which of the following is not correct regarding the Systemically Important Non-deposit taking NBFCs (NBFC-ND SIS)?

A

They came into being in the wake of the recent global recession

B

NBFCs with assets of Rs. 100 crore and above are being classified as NBFC-ND-Sis

C

Prudential regulations are applicable to them

D

It was created in 2009

Text Solution

Verified by Experts

The correct Answer is:
A
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