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Non Banking financial Company

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

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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.
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Premnath. M

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Premnath. M (Querist)
07 January 2009
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K V Subba Rao

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K V Subba Rao (Expert)
07 January 2009 Visit

http://www.theindiastreet.com/2008/06/nbfcs-capital-adequacy-norms-tightened.html
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K V Subba Rao

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

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

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K V Subba Rao (Expert)
07 January 2009

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