Master Direction - RBI (ARC's) directions, 2024 Flashcards
1
Q
What are ARC’s ?
A
Asset Reconstruction Companies
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