As per the Reserve Bank of India notification of March 2022 the minimum requirement of microfinance loans for NBFC-MFIs should be _______ per cent of the total assets.

Correct option is C

The correct answer is (c) 75.
As per the Reserve Bank of India (RBI) notification of March 2022, the minimum requirement of microfinance loans for NBFC-MFIs should be 75% of the total assets.
This guideline aims to ensure that NBFC-MFIs primarily focus on microfinance lending activities.

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key points about the Reserve Bank of India (RBI):

• ​The RBI was established on April 1, 1935, under the Reserve Bank of India Act, 1934.
• It serves as the central bank of India and is headquartered in Mumbai.
• The RBI plays a key role in developing and overseeing India's digital payment systems, such as UPI, RTGS, and NEFT.