Question

    What is the minimum net-owned fund requirement for an

    NBFC?
    A ₹2 Crore Correct Answer Incorrect Answer
    B ₹5 Crore Correct Answer Incorrect Answer
    C ₹10 Crore Correct Answer Incorrect Answer
    D ₹15 Crore Correct Answer Incorrect Answer
    E ₹20 Crore Correct Answer Incorrect Answer

    Solution

    Explanation: As per RBI regulations, a Non-Banking Financial Company (NBFC) must maintain a minimum net-owned fund of ₹10 Crore to operate in India.

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