Current Affairs · NBFC Regulations
Under the RBI Scale Based Regulation (SBR) framework for Non-Banking Financial Companies, what is the minimum Net Owned Fund (NOF) requirement mandated for NBFC-Investment and Credit Companies (NBFC-ICCs) to operate?
- 1₹20 crore
- 2₹10 crore✓
- 3₹5 crore
- 4₹2 crore
Correct answer
₹10 crore
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