Which bank raised the minimum capital requirement for setting up ARCs to Rs.300 crore? Options: A . &nbspRBI B . &nbspADB C . &nbspSBI D . &nbspCentral Bank of India

Which bank raised the minimum capital requirement for setting up ARCs to Rs.300

Question

Which bank raised the minimum capital requirement for setting up ARCs to Rs.300 crore?

Options:

A . RBI

B . ADB

C . SBI

D . Central Bank of India

Answer: Option A
The Reserve Bank of India (RBI) has raised the minimum net owned fund (NOF) requirement of the existing Asset Reconstruction Company (ARC) to Rs 300 crore from the present Rs 100 crore by March 2026.

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