RBI/2015-16/119 DNBS (IT).CC.No. 02/24.01.191/2015-16 July 09, 2015 To CEOs of All NBFCs (excluding RNBCs) Dear Sir/Madam, Returns to be submitted by NBFCs (Asset Size below Rs. 500 crore) Please refer to the DNBR (PD) CC.No. 002/03.10.001/2014-15 dated November 10, 2014 on revised Regulatory Framework for NBFCs. 2. As per the revised regulations, all non-deposit taking NBFCs (NBFCs-ND), with assets less than Rs. 500 crore are required to submit an Annual Return. Two

RBI/2015-16/122 DNBR (PD) CC.No. 065/03.10.001/2015-16 July 09, 2015 All Non-Banking Financial Companies (excluding Primary Dealers) Dear Sirs, Requirement for obtaining prior approval of RBI in cases of acquisition/ transfer of control of Non-Banking Financial Companies (NBFCs) Please refer to DNBS (PD) CC.No.376/03.10.001/2013-14 and Notification No. DNBS(PD) 275/GM(AM)-2014 dated May 26, 2014 on the ‘Non-Banking Financial Companies (Approval of Acquisition or Trans

RBI/2015-16/114 DNBR (PD) CC.No. 064/03.10.001/2015-16 July 02, 2015 All Non-Banking Financial Companies (excluding Primary Dealers) Madam/Sir Applicability of Credit Concentration Norms 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 to the extent such amount exceeds 10 per cent of the

RBI/2014-15/648 DNBR.CC.PD.No.041/03.10.01/2014-15 June 25, 2015 To All Non-Banking Financial Companies Dear Sirs, Appointment of Non-Deposit Accepting NBFCs with asset size of Rs.100 crore and above as sub- agents under Money Transfer Service Schemes (MTSS) Please refer to circular DNBS.CC.PD.No.405/03.10.01/2014-15@@NBSP@@dated August 12, 2014 on the captioned subject. The circular has been reviewed in the light of certain representations received by the Reserve Ban

RBI/2014-15/605 DNBR.CC.PD.No.036/03.10.01/2014-15 May 21, 2015 To All NBFCs (excluding PDs) Dear Sirs, Lending against security of single product - Gold Jewellery Please refer to the circulars DNBS.CC.PD.No.356/03.10.01/2013-14 dated September 16, 2013 and DNBS.CC.PD.No.365/03.10.01/2013-14 dated January 08, 2014 on the captioned subject. 2. The Bank has prescribed that the valuation of gold jewellery for arriving at the Loan-To-Value (LTV) shall be done at the avera

RBI/2014-15/602 DBR.AML.No.17668/14.06.001/2014-15 May 20, 2015 The Chairpersons/ CEOs of all Scheduled Commercial Banks/ Regional Rural Banks/ Local Area Banks/ All India Financial Institutions/ all NBFCs/ All Primary (Urban) Co-operative Banks /State and Central Co-operative Banks (StCBs / CCBs) /All Payment System Providers/ System Participants and Prepaid Payment Instrument Issuers/ All authorised persons including those who are agents of Money Transfer Service Sc

RBI/2014-15/600 DNBR (PD) CC.No.035/03.10.001/2014-15 May 14, 2015 All NBFCs (excluding Primary Dealers) Dear Sirs, Infrastructure Debt Funds (IDFs) Please refer to the Infrastructure Debt Fund-Non-Banking Financial Companies (Reserve Bank) Directions, 2011 issued vide Notification No. DNBS.233/ CGM(US)-2011 dated November 21, 2011 (the Directions) prescribing detailed guidelines on the regulatory framework for NBFCs to sponsor IDFs which are to be set up as NBFCs. 2.

RBI/2014-2015/588DNBR(PD)CC.No. 02/SCRC/26.03.001/2014-2015 May 07, 2015 The Chairman / Managing Director /Chief Executive OfficerAll Registered Securitisation Companies /Reconstruction Companies Dear Sir, Resolution period for BIFR/CDR/JLF cases Please refer to “The Securitisation Companies and Reconstruction Companies (Reserve Bank) Guidelines and Directions, 2003 dated April 23, 2003 (herein after called “the directions”) and circular DNBS.PD.CC.No. 39/SCRC/26.03.0

RBI/2014-15/581 DNBR(PD).CC.No.034/03.10.42/2014-15 April 30, 2015 All NBFCs Dear Sir, Know Your Customer (KYC) guidelines - accounts of proprietary concerns Please refer to circular No.DNBS.(PD).CC.No.275/03.10.42/2011-12 dated May 29, 2012 on the captioned subject. 2. Reserve Bank has been receiving representations pointing out difficulties in complying with the requirement of furnishing two documents as activity proof while opening accounts of sole proprietary firm

RBI/2014-15/578DNBR. (PD).CC.No. 033/03.10.001/2014-15 April 30, 2015 To All Non-Banking Financial Companies (NBFCs), Dear Sirs, Distribution of Mutual Fund products by NBFCs Please refer to the Circular No. DNBS (PD) CC. No.84/03.10.27/2006-07 dated December 04, 2006 on the captioned subject. 2. On a review, since the distribution of Mutual Fund products by the NBFCs is on non-risk sharing basis and purely as a customer service, it has now been decided to dispense wi