Please refer to paragraph 4.5 of circular DBOD.BP.BC.No.99/21.04.132/2012–13 dated May 30, 2013, in terms of which a rate equal to the bank’s Benchmark Prime Lending Rate or base rate (whichever is applicable to the borrower) as on the date of…
Category: RBI
NOC from Financer is required for opening current Account: RBI
Please refer to our circular DBOD.No.Leg.BC.84/09.07.005/2003–04 dated May 15, 2004 advising banks to scrupulously ensure that their branches do not open current accounts of entities which enjoy credit facilities (fund based or non-fund based) from the banking system without specifically…
Credit Concentration Norms for NBFC
In terms of section 45IA(7)(I) of the Reserve Bank of India Act, 1934, for calculation of Net Owned Fund (NOF), the loans given to/ investments made in companies in the same group/ subsidiaries by NBFCs, inter alia, shall be reduced…
AD‑1 Category Banks need to file half yearly BEF Statement in XBRL Format
RBI/2014–15/643 A.P.(DIR Series) Circular No. 110 June 18, 2015 Attention of Authorised Dealer Category — I (AD Category — I) banks is invited to A.P (DIR Series) Circular No.106 dated June 19, 2003 and A.P. (DIR Series) Circular No.09 dated August 18, 2003,…
Reporting requirement on On-site, Off-site and Mobile ATMs
Reporting requirement on On-site, Off-site and Mobile ATMs Please refer to Circulars DBOD.No.BP.BC.152/21.03.051/94 dated December 29, 1994, DBOD.No.BL.BC.137/22.01.001/2008–09 dated June 12, 2009 and DBOD. No. BL.BC.27/22.01.001/2010–11 dated July 23, 2010 wherein, inter alia, banks have been advised to furnish data…
Guidelines on Sale of Financial Assets to Securitisation Company (SC)/Reconstruction Company (RC) and Related Issues: RBI
RBI/2014–15/634 DBR.No.FID.5/01.02.00/2014–15 June 11, 2015 Guidelines on Sale of Financial Assets to Securitisation Company (SC)/Reconstruction Company (RC) and Related Issues Please refer to paragraph 3.4 of circular DBOD.BP.BC.No.98/21.04.132/2013–14 dated February 26, 2014 and our subsequent mailbox clarification dated April 9, 2014 on…
Master Circular – “Infrastructure Debt Fund-NBFC (Reserve Bank) Directions, 2011”
RBI/2014–15/631 DNBR (PD) CC No. 039/03.01.001/2014–15 June 11, 2015 Master Circular – “Infrastructure Debt Fund-Non-Banking Financial Companies (Reserve Bank) Directions, 2011”. As you are aware, in order to have all current instructions on the subject at one place, the Reserve Bank of…
Master Circular – “NBFC – Corporate Governance (Reserve Bank) Directions, 2015”
RBI/2014–15/632 DNBR (PD) CC No.040/03.01.001/2014–15 June 03, 2015 Master Circular – “Non-Banking Financial Companies – Corporate Governance (Reserve Bank) Directions, 2015” As you are aware, in order to have all current instructions on the subject at one place, the Reserve Bank…
Master Circular – “Systemically Important NBFC (Non-Deposit Accepting or Holding) Prudential Norms (Reserve Bank) Directions, 2015”
RBI/2014–15/629 DNBR (PD) CC No. 037/03.01.001/2014–15 June 11, 2015 Master Circular – “Systemically Important Non-Banking Financial (Non-Deposit Accepting or Holding) Companies Prudential Norms (Reserve Bank) Directions, 2015” As you are aware, in order to have all current instructions on the subject at…
Master Circular – “Non-Systemically Important NBFC (Non-Deposit Accepting or Holding) Companies Prudential Norms (Reserve Bank) Directions, 2015”
RBI/2014–15/630 DNBR (PD) CC No.038/03.01.001/2014–15 June 03, 2015 Master Circular – “Non-Systemically Important Non-Banking Financial (Non-Deposit Accepting or Holding) Companies Prudential Norms (Reserve Bank) Directions, 2015”. As you are aware, in order to have all current instructions on the subject at one…