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    Question

    What is the minimum capital requirement for an NBFC to

    be classified as an Infrastructure Finance Company (IFC)?
    A ₹100 crore Correct Answer Incorrect Answer
    B ₹200 crore Correct Answer Incorrect Answer
    C ₹300 crore Correct Answer Incorrect Answer
    D ₹500 crore Correct Answer Incorrect Answer
    E ₹1000 crore Correct Answer Incorrect Answer

    Solution

    Explanation: Infrastructure Finance Company (IFC): IFC is a non-banking finance company a) which deploys at least 75 per cent of its total assets in infrastructure loans, b) has a minimum Net Owned Funds of ₹ 300 crore, c) has a minimum credit rating of ‘A ‘or equivalent d) and a CRAR of 15%.  

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