Get Started with ixamBee
Start learning 50% faster. Sign in now
Under the SARFAESI (Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest) Act, 2002, the minimum net-owned funds (NOF) required for an ARC to operate is ₹300 crore. This requirement ensures that ARCs have sufficient financial capacity to acquire distressed assets and carry out recovery operations effectively. The NOF requirement is set by the Reserve Bank of India (RBI) to ensure that the ARC has adequate financial strength and stability
Which city has got the first position in the '10 lakh population' category of the Clean Air Survey-2023?
Consider the following statements with reference to the first advance estimates of national income released by the National Statistical Office (NSO)- <...
Who becomes the first woman to achieve a $100 billion fortune, and what is the primary reason for this milestone?
What does v stand for in CVC?
Who has been crowned as the ‘Miss World 2022’?
Recently Arjun Babuta clinched the gold beating Lucas Kozeniesky . Which Sports he is associated with?
Recently Prime Minister launches Mission LiFE at which of the following place?
KYC guidelines issued under:
Which of the followings type of NBFCs is not registered with RBI?
What is the name of the event inaugurated by Union Ministers Dr. S. Jaishankar and Piyush Goyal in New Delhi, aiming to promote the 'Aatmanirbhar Bharat...
