India Account Aggregator Framework (RBI)
Chapter II: Board policies and registration – India Account Aggregator Framework (RBI)

India Account Aggregator Framework (RBI) 11(3): Para 11(3): net owned fund of at least two crore rupees

What does 11(3) require?

A company seeking registration must hold net owned funds of at least two crore rupees (or any higher amount the Reserve Bank specifies); an applicant below it must reach it within the validity of the in-principle approval.

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