banner_ad

Non Banking financial Company

This query is : Resolved 
Profile Image

Profile Image

(Querist)
07 January 2009 what is the minimum capital required to start an NBFC( Hire Purchase Finance Company)?
Profile Image

CS Arpita Rajpurohit

Profile Image

CS Arpita Rajpurohit (Expert)
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.
Profile Image

Premnath. M

Profile Image

Premnath. M (Querist)
07 January 2009
Profile Image

K V Subba Rao

Profile Image

K V Subba Rao (Expert)
07 January 2009 Visit

https://www.theindiastreet.com/2008/06/nbfcs-capital-adequacy-norms-tightened.html
Profile Image

K V Subba Rao

Profile Image

K V Subba Rao (Expert)
07 January 2009
Profile Image

K V Subba Rao

Profile Image

K V Subba Rao (Expert)
07 January 2009
Profile Image

K V Subba Rao

Profile Image

K V Subba Rao (Expert)
07 January 2009
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
Join CAclubindia WhatsApp Finance Community & stay updated with the latest TAX news, compliance alerts and important updates all in one place!


Similar Resolved Queries


loading


Unanswered Queries


banner

Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Subscribe Now

Follow us
add to google news



Answer Query



Quick Links



Browse by Category




Latest Job Openings

View all
Company
11 May 2026
Post office

Post office

Anakapalle

Others

View Details
Company
14 May 2026
Financial Analyst - Remote Finance Expert

HiringBridge

Ahmedabad

CA

View Details
Company
23 May 2026
Article Assistant

Geeta Manchanda & CO.

New Delhi

CA Inter

View Details
Company
29 May 2026
Company Secretary - Part time

Shaswat initial support private limited

Ahmedabad

CS

View Details
Company
22 May 2026
U.S. Financial Reporting & Consolidation Manager

Karia Overseas

Ahmedabad

CA

View Details
Company
14 May 2026
Senior Accounts Executive

Karan Gupta & Co.

New Delhi

Graduate (Any)

View Details
Company
14 May 2026
Senior Associate

ABHISHEK SHANKAR AGARWAL & ASSOCIATES

Kolkata

CA

View Details
Company
12 May 2026
Accounts Executive

Nafa Group

Mumbai

B.Com

View Details