Current Affairs · Banking Regulations
What is the minimum required Net Owned Fund (NOF) for a Non-Banking Financial Company (NBFC) to commence or carry on business, as per the revised regulatory framework under Section 45-IA of the RBI Act, 1934?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1¢25 crore
- 2¢20 crore
- 3¢10 crore✓
- 4¢5 crore
Correct answer
¢10 crore
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