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As per the Reserve Bank of India (RBI) regulations, what is the minimum Net Owned Fund (NOF) requirement for a Non-Banking Financial Company (NBFC) in...

Banking IBPS PO Mains Easy Financial Awareness MCQ

Question

As per the Reserve Bank of India (RBI) regulations, what is the minimum Net Owned Fund (NOF) requirement for a Non-Banking Financial Company (NBFC) in India to ensure financial stability and customer protection?

Options

A.

₹5 crore

B.

₹8 crore

C.

₹12 crore

D.

₹10 crore

E.

₹15 crore

rbinbfcnet owned fundbanking regulationsfinancial stability

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