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      Question

      As per RBIтАЩs 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?
      A тВ╣2 crore Correct Answer Incorrect Answer
      B тВ╣5 crore Correct Answer Incorrect Answer
      C тВ╣7 crore Correct Answer Incorrect Answer
      D тВ╣8 crore Correct Answer Incorrect Answer
      E тВ╣10 crore Correct Answer Incorrect Answer

      Solution

      Under RBIтАЩs Scale-Based Regulatory Framework for NBFCs, the minimum Net Owned Fund (NOF) requirements have been enhanced to strengthen the capital base of NBFCs. тАв For NBFC-MFI, NBFC-ICC, and NBFC-Factors, the NOF requirement is being raised in a phased manner. тАв By March 31, 2025, the regulatory minimum NOF will be тВ╣10 crore (except for entities registered in the North Eastern Region, where the requirement is lower at тВ╣5 crore). тАв This measure is aimed at ensuring greater resilience and financial stability in the NBFC sector.

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