Economics · Economy

The 'Net owned funds' requirement for registration of an NBFC is defined under which section of the Reserve Bank of India (RBI) Act, 1934?

Verified Solution4 OptionsUpdated: October 2026👁️1 View

1Section 45-J
2Section 45-IB
3Section 10A
4Section 45-IA✓

Correct answer

Section 45-IA

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The 'Net owned funds' requirement for registration of an NBFC is defined under which section of the Reserve Bank of India (RBI) Act, 1934?

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