Net owned funds
bsai partish (166 Points)
25 March 2021
what is the meaning of NET OWNED FUNDS in case of NBFC?
1 Replies
CA. Sourav Sarkar
(Chartered Accountant )
(24588 Points)
Replied 25 March 2021
Net owned funds are the net worth of the NBFC means the total capital including its reserves and also the total amount of assets they held. As of now the minimum
net owned funds for NBFC is 2 crores rupees
net owned funds for NBFC is 2 crores rupees
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