According to RBI directions, a NBFC (Non-Banking Financial Company) must possess a Net-Owned Fund of the amount

In accordance with the provisions under the Reserve Bank of India Act, 1934, the initial minimum Net-Owned Fund requirement set for the commencement or continuation of business operations by a Non-Banking Financial Company (NBFC) was established at a minimum threshold of $\text{Rs. }25\text{lakhs}$ (though subsequently scaled up to higher limits for newer structures over time).