NBFC base layer
Dikshay Chandaliya (34 Points)
16 March 2023
I wanted to know how much loan a base layer NBFC company advance to a particular entity
Dikshay Chandaliya (34 Points)
16 March 2023
CA Rakesh Ishi
(Working at Private Company)
(7995 Points)
Replied 17 March 2023
The amount of loan that a base layer NBFC company can advance to a particular entity would depend on several factors such as the financial stability and creditworthiness of the entity, the purpose of the loan, the collateral provided, and the policies and guidelines of the NBFC.
Generally, a base layer NBFC company can advance loans ranging from a few thousand to several crores of rupees. However, the amount of loan will be determined by the NBFC's assessment of the credit risk associated with the borrower.
It is important to note that NBFCs are regulated by the Reserve Bank of India (RBI) and are required to follow the guidelines prescribed by the RBI regarding their lending activities. Therefore, the amount of loan that can be advanced by a base layer NBFC company will also depend on compliance with RBI regulations and guidelines
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