Question
What is the minimum capital-to-risk-weighted assets
ratio required for Infrastructure Debt Fund-NBFCs (IDF-NBFCs) under the revised guidelines by the Reserve Bank of India?Solution
The Reserve Bank of India has revised its guidelines for Infrastructure Debt Fund-NBFCs (IDF-NBFCs) to enable them to play a greater role in financing the infrastructure sector as well as to harmonise the regulations governing financing of the infrastructure sector. IDF-NBFCs will now be required to have a minimum net owned fund of Rs 300 crore and a minimum capital-to-risk-weighted assets ratio of 15%.
I had to (A)/call for (B)/all my strength (C)/to finish the marathon (D).
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