Question
As per RBI’s scale-based regulations, what will be the
minimum Net Owned Funds (NOF) requirement for an NBFC-MFI (excluding those in the North Eastern Region) by March 31, 2025?Solution
Under RBI’s Scale-Based Regulatory Framework for NBFCs, the minimum Net Owned Fund (NOF) requirements have been enhanced to strengthen the capital base of NBFCs. • For NBFC-MFI, NBFC-ICC, and NBFC-Factors, the NOF requirement is being raised in a phased manner. • By March 31, 2025, the regulatory minimum NOF will be ₹10 crore (except for entities registered in the North Eastern Region, where the requirement is lower at ₹5 crore). • This measure is aimed at ensuring greater resilience and financial stability in the NBFC sector.
Which year was the Sub-Mission on Agricultural Mechanization (SMAM) launched?
Government of India announces Minimum Support Prices (MSP) each year in both the Crop seasons after taking into account the recommendations of the Commi...
Pradhan Mantri Kisan Maan Dhyan yojana, a minimum fixed pension of Rs. ____ will be provided to the eligible small and marginal farmers
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The Mission Amrit Sarovar was launched on the occasion of
The Kisan Credit Card (KCC) scheme was introduced in 1998 on the recommendations ____
Shattering and jassid tolerant variety of desi cottonÂ
Which of the following is eligible to enroll in the Pradhan Mantri Kisan Maan Dhan Yojana?
Soil Health Card Scheme was launched in which year?
How many micronutrients are there to be tested under SHC schemeÂ
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