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The list has LIC Housing Finance Limited on top, followed by Bajaj Finance Limited in second place, and Shriram Finance Limited (formerly Shriram Transport Finance Company Limited) in third, , nbfc, reserve bank of india, lic housing finance ltd, bajaj finance, shriram finance
These will now be subject to enhanced regulatory requirement
Besides LIC Housing Finance, Bajaj Finance, Shriram Finance and Tata Sons, others in the list include L&T Finance, Piramal Capital & Housing Finance, Cholamandalam Investment and Finance Company
(This story has not been edited by THE WEEK and is auto-generated from a PTI
The Reserve Bank of India has released a list of fifteen NBFCs that fall under the "upper layer" in the scale-based regulation for the financial year 2024. LIC Housing Finance Limited, Bajaj Finance Limited, and Shriram Finance Limited are among the top-ranking companies on the list.