What is the minimum Net Owned Fund (NO

The minimum Net Owned Fund (NOF) required for an Infrastructure Finance Company (IFC) is ₹ 300 crore. Eligibility Criteria for IFC 1. The company must deploy at least 75% of its total assets in infrastructure loans. 2. It must maintain a minimum Net Owned Fund (NOF) of ₹ 300 crore. 3. It should have a minimum credit rating of ‘A’ or equivalent. 4. It must maintain a Capital to Risk-Weighted Assets Ratio (CRAR) of 15%. Definition of Infrastructure Loans • Loans given to sectors such as power, roads, ports, airports, telecom, urban infrastructure, and other government-notified infrastructure sectors. Role of RBI • The Reserve Bank of India (RBI) regulates IFCs as a special category under NBFCs to ensure stability and growth in infrastructure financing.