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RBI Specifies Rs. 10 Crores as Net Owned Fund to commence business of NBFCs [Read Notification]
The Reserve Bank of India (RBI) has specified ten crore rupees as net owned fund (NOF) required for the following categories of nonbanking financial...
![NBFCs having assets worth 100 Cr and above shall be considered as Financial Institutions: Finance Ministry reduces Eligibility Limit for Debt Recovery [Read Notification]](https://www.taxscan.in/wp-content/uploads/2020/02/NBFCs-Assets-Financial-Institutions-Investments-Taxscan.jpg "NBFCs having assets worth 100 Cr and above shall be considered as Financial Institutions: Finance Ministry reduces Eligibility Limit for Debt Recovery [Read Notification]")