Russian translation: в трехкратном размере суммы их собственных средств/капитала
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08:28 Aug 28, 2008
English to Russian translations [PRO] Bus/Financial - Finance (general)
English term or phrase:to three times their net owned fund
The RBI has fixed the IDL limit for banks to three times their net owned fund.
в техкратном размере их собственных чистых активов
Explanation: What is meant by Net Owned Fund (NOF) ?
the aggregate of the paid-up equity capital and free reserves as disclosed in the latest balance-sheet of the housing finance institution after deducting therefrom - the book value of debentures, bonds, outstanding loans and advances (including hire-purchase and lease finance) made to, and deposits with,- subsidiaries" and "companies in the same group" shall have the same meanings assigned to them in the Companies Act, 1956.