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Amendment of section 58G.

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Full Text of the Document

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....'five lakh'' and ''twenty-five thousand'', the words ''ten lakh'' and ''one lakh'' respectively shall be substituted. - Clauses 135 to 142 of the Bill seek to amend certain provisions of the Reserve Bank of India Act, 1934. It is proposed to amend section 45-IA of the Act so as to enhance the existing amounts of the net owned fund of a non-banking financial company. It is further propos....