According to narasimham committee what is the minimum amount of money that is st

According to narasimham committee what is the minimum amount of money that is statutorily required by the nbfc’s for registration?

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According to narasimham committee what is the minimum amount of money that is statutorily required b..

Answer / Pavitra Pratap Singh Deora

As per the Narasimham Committee I recommendations, the minimum net owned funds (NOF) required for registration of a Non-Banking Financial Company (NBFC) was increased to Rs. 5 crore.

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