Banking Awareness Test for IBPS, RBI, SBI, NABARD & other Bank Examinations

Q.  What should br the CRAR for NBFCs as sponsors of IDF-MF?

a. 15%
b. 20%
c. 25%
d. 35%


ANSWER: See Answer
 
NBFCs sponsoring IDF-MFs are required to comply with a minimum Net Owned Funds (NOF) of Rs.300 crore and Capital to Risk Weighted Assets (CRAR) of 15%.
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