Current Affairs · Banking and Finance
What is the minimum Net Owned Fund (NOF) requirement for an Infrastructure Finance Company (IFC) as per the Reserve Bank of India (RBI) guidelines in January 2025?
- 1₹500 crore
- 2₹300 crore✓
- 3₹200 crore
- 4₹100 crore
Correct answer
₹300 crore
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