Question
The RBI approved the NBFC application of One MobiKwik Systems Limited. What is the minimum Net Owned Fund (NO
- F required for an NBFC licence to be met by March 31, 2027?
Solution
An NBFC licence requires maintaining a minimum Net Owned Fund (NOF) of Rs. 10 crore (as of October 2022, to be met by March 31, 2027).
More Beepedia Questions
- Which of the following country hosts first meeting of Governing Board of BIMSTEC Energy Centre (BEC)?
- What is India’s life expectancy in 2025 as per UNFPA estimates—for men and women respectively?
- The Press Council of India celebrated the National Press Day on the theme “The Media’s Role in Nation Building” at _____.
- Who will launch the Computerization project for Agriculture and Rural Development Banks (ARDBs) and the Registrar of Cooperative Societies (RCSs) on Januar...
- In plants, what is present in the middle lamella, primary cell wall, and secondary cell wall, and accumulates during the initial stages of cell expansion?
- When is World Tsunami Awareness Day observed in November?
- During Austrian Chancellor Christian Stocker's visit to India, the 17th session of the India–Austria Joint Economic Commission was held in New Delhi. What ...
- What was James Anderson’s wicket tally in Tests at the time of receiving his knighthood?
- What was the net worth of Jayshree Ullal, who topped the Hurun India Rich List 2025 as the richest Indian-origin professional manager?
- Who inaugurated the 'Khadi Mahotsav' organized by Khadi and Village Industries in Mumbai?
Relevant for Exams:
