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How should net worth be computed for scheduled commercial banks/urban co-operative banks and NBFCs?

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How should net worth be computed for scheduled commercial banks/urban co-operative banks and NBFCs?

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The MCA press release dated May 5, 2010, clarifies in Issue 8 that net worth will be calculated as: Share Capital Add : Reserves Less: Revaluation Reserve Miscellaneous Expenditure Debit Balance of the P&L Account

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