As per the revised norms by the RBI, the ceiling on the quantum of public deposits held by deposit-taking Housing Finance Companies (HFCs) has been reduced from 3 times of net owned funds to what revised limit?

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**Solution:**

1. The Reserve Bank of India (RBI) revised norms for Housing Finance Companies (HFCs) to strengthen their financial discipline.

2. Earlier, the ceiling on public deposits that HFCs could accept was set at 3 times their net owned funds.

3. As per the revised norms, this ceiling has been reduced to 1.25 times the net owned funds.

4. This change aims to limit the risk exposure of HFCs by restricting the amount of public deposits they can hold relative to their owned funds.

**Answer:** 1.25 times

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