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Published 2 years ago

Govt issues draft guidelines for RRBs listing; minimum net worth Rs 300 cr

Summary by Ground News
Draft guidelines set certain basic criteria, including net worth of at least Rs 300 crore during the previous three years. RRBs should have a track record of profitability and earned operating profit of minimum Rs 15 crore for at least three out of the previous five years. Currently, the Centre holds 50 per cent in RRBs.

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