Non Banking financial Company
This query is : Resolved
07 January 2009
what is the minimum capital required to start an NBFC( Hire Purchase Finance Company)?
07 January 2009
there is no minimum capital req.......those of private & public are applicable i.e. 1 lakh for private & 5 lakhs for public.
in case of NBFC u need to have NET Owned Funds of 200 lacs.
in case of NBFC u need to have NET Owned Funds of 200 lacs.
07 January 2009
07 January 2009
Visit
https://www.theindiastreet.com/2008/06/nbfcs-capital-adequacy-norms-tightened.html
https://www.theindiastreet.com/2008/06/nbfcs-capital-adequacy-norms-tightened.html
07 January 2009
07 January 2009
07 January 2009
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