https://www.taxtmi.com/acts?id=37139 The amendment substitutes clause (b) of section 45-IA(1) to require a net owned fund of twenty-five lakh rupees or such other amount not exceeding one hundred crore rupees as the Bank may specify by notification and permits the Bank to notify different net owned fund amounts for different categories of non-banking financial companies. en-us Wed, 24 Jul 2019 17:20:38 +0530 Wed, 24 Jul 2019 17:26:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=37139 The amendment substitutes clause (b) of section 45-IA(1) to require a net owned fund of twenty-five lakh rupees or such other amount not exceeding one hundred crore rupees as the Bank may specify by notification and permits the Bank to notify different net owned fund amounts for different categories of non-banking financial companies. Act-Rules F. Acts / Amendment Acts Wed, 24 Jul 2019 17:20:38 +0530 https://www.taxtmi.com/acts?id=37139