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Question : Which one is not included in Non-Banking Financial Institutions (NBFIs)?

Option 1: EXIM

Option 2: SIDBI

Option 3: NABARD

Option 4: BOI


Team Careers360 19th Jan, 2024
Answer (1)
Team Careers360 23rd Jan, 2024

Correct Answer: BOI


Solution : The correct option is BOI .

Financial institutions that offer banking services without a banking license are known as Non-Banking Financial Institutions (NBFIs). It implies that they are unable to accept public deposits the way regular banks can. Instead, The Bank of India (BOI) is one of the oldest and largest commercial banks in India.

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