Discussion Forum : Nabard & Other Bank Examinations
Question - What is the minimum net owned fund requirement for NBFCs?
Options:
A .  Rs 200 lakh
B .  Rs 250 lakh
C .  Rs 25 lakh
D .  Rs 100 lakh
Answer: Option A
THE MINIMUM CAPITAL REQUIREMENTS OF NBFC INCORPORATED BEFORE APRIL 21, 1999 IS 25 LAKHS. AFTER APRIL 1999, THE LIMIT IS INCREASED TO 200 LAKHS.
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