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Questions › Category: CA-Final NBFCs › Net owned funds requirement for registration
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Anusha Dave asked 3 years ago

As per August 19 study mat net owned funds requirement for NBFC registration is Rs 25 lakhs or more upto 100 crores but this line has been deleted in Nov 2020 edition.
Please clarify the upper limit

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RaviRavi Staff answered 3 years ago

minimum net owned fund requirement is 2 crore
it has been increased from 25 lakhs