Master Direction - RBI (ARC's) directions, 2024 Flashcards

1
Q

What are ARC’s ?

A

Asset Reconstruction Companies

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
2
Q

What does the direction of RBI say about Minimum Net owned fund of ARC’s ?

A

ARC’s to have a minimum Net Owned Fund (NOF) of 300cr by Mar 31st 2026

Earlier it was NOF of 200cr

How well did you know this?
1
Not at all
2
3
4
5
Perfectly