Question
What is the minimum Net Owned Fund (NOF) requirement for
an Asset Reconstruction Company (ARC) to commence the business of securitisation or asset reconstruction?Solution
As per RBI guidelines, with effect from October 11, 2022, an Asset Reconstruction Company (ARC) must maintain a minimum Net Owned Fund (NOF) of ₹300 crore to commence and continue the business of securitisation or asset reconstruction. • This was an upward revision from the earlier requirement of ₹100 crore. • Existing ARCs as on October 11, 2022, were provided a glide path to achieve compliance with the revised NOF threshold. • The higher capital requirement aims to strengthen the financial position of ARCs, ensuring they have sufficient skin in the game and are better placed to handle stressed assets.
1. Contingent risks have become
P. have now increased
Q. to increase fee based
R. More important as banks
S. off balance she...
1. The company official would meet
P. and the first round of talks
Q. with the Government
R. the future course of action
S. ...
Given below are six sentences, four of which (P, Q, R, S), are jumbled. Pick the option that gives the correct order of P, Q, R, S.
S-1 We have s...
Given below are six sentences. A and F are the first and the last sentences. The rest of the sentences namely B, C, D and E are jumbled. Select the opt...
In the question given below, some sentences/phrases are given which have to be arranged in a proper sequence. Select the option that best defines the p...
Given below are six sentences, four of which (P, Q, R, S), are jumbled. Pick the option that gives the correct order of P, Q, R, S.
S - 1. The si...
Which sentence should be come third in the paragraph?
Which of the following will be the THIRD sentence after rearrangement?
Which of the following is the second sentence of the paragraph?
Which of the following is the second sentence if the passage?
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