The shares of NOFHC can be held by individuals, corporate entities and companies belonging to the Promoter Group. An LLP and trust do not fall under any of these categories. Therefore, an LLP or trust cannot hold voting equity shares directly in the NOFHC but can hold indirectly through a company in the Promoter Group which holds voting equity shares of the NOFHC.

ಉತ್ತರ. ಪಿಪಿಐಗಳನ್ನು ಒಳಗೊಂಡ ಅನಧಿಕೃತ/ಮೋಸದ ವಹಿವಾಟುಗಳ ಸಂದರ್ಭದಲ್ಲಿ ಬ್ಯಾಂಕೇತರ ಪಿಪಿಐ ನೀಡಿಕೆದಾರರು ಗ್ರಾಹಕರ ಬಾಧ್ಯತೆಯನ್ನು ನಿರ್ಧರಿಸುವ ಮೊತ್ತ ಹಾಗೂ ಪ್ರಕ್ರಿಯೆಯನ್ನು ಸ್ಪಷ್ಟವಾಗಿ ವಿವರಿಸುತ್ತಾರೆ. ಬ್ಯಾಂಕ್ ಪಿಪಿಐ ನೀಡಿಕೆ ದಾರರಿಗೆ ಕಸ್ಟಮರ್ ಪ್ರೊಟೆಕ್ಷನ್-ಲಿಮಿಟಿಂಗ್ ಲೈಬಿಲಿಟಿ ಆಫ್ ಕಸ್ಟಮರ್ಸ್ ಇನ್ ಅನ್ಆತರೈಸ್ಡ್ ಇಲೆಕ್ಟ್ರಾನಿಕ್ ಬ್ಯಾಂಕಿಂಗ್ ಟ್ರಾನ್ಸಾಕ್ಷನ್ಸ್ ಮೇಲೆ ಜುಲೈ6,2017ರ ದಿನಾಂಕದ ಡಿಪಾರ್ಟ್ಮೆಂಟ್ ಆಪ್ ಬ್ಯಾಂಕಿಂಗ್ ರೆಗ್ಯುಲೇಶನ್ ಸುತ್ತೋಲೆ ಡಿಬಿಆರ್.ನಂ.ಎಲ್ಇಜಿ.ಬಿಸಿ.78/09.07.005/2017-18ರಿಂದ ಮಾರ್ಗದರ್ಶನ ನೀಡಲಾಗುವುದು.

Yes, loss making banks can make donations totaling Rs.5 lakhs only in a financial year.

A. The overall track record of the Promoters/Promoter Group for at least 10 years will be seen. If the Promoters/Promoter Group incorporates a new CIC for the purpose of holding shares in the NOFHC, the track record of the Promoters/Promoter Group setting up the CIC will be seen. [para 2 (B) (b) of the guidelines]

Ans. The framework to limit the liability of customers (PPI holders) against unauthorised transactions in PPIs issued by non-bank issuers is given in paragraph 17 of the MD-PPIs and has come into effect from March 01, 2019. The FAQs given below relate to PPIs issued by non-bank PPI issuers.

Yes, the overseas branches of the banks can make donations abroad, provided the banks do not exceed the prescribed ceiling of one per cent of their published profit of the previous year.

A. Promoter Group for the purpose of these guidelines will be as per the definition given in Annex I to the guidelines.

Ans. Except for the PPIs issued under the arrangement of PPI-MTS as per paragraph 10.2 of MD-PPIs, the framework is applicable to all PPIs issued by authorised non-bank PPI issuers. Even in PPI-MTS, the cases of contributory fraud / negligence / deficiency on the part of the issuer are covered.

i) Boards of Directors of the banks should lay down policy and formulate detailed operational guidelines separately in respect of metropolitan, urban, semi-urban and rural areas covering all areas in respect of acquiring premises on lease/rental basis for the bank's use including delegation of powers at various levels. The decision of surrender or shifting of premises other than at rural centres is taken at central office level by a committee of senior executives. ii) Banks' Boards should lay down a separate policy in respect of loans granted to landlords who provide to them premises on lease/rental basis. The rate of interest to be charged on such loans should be fixed as per the lending rate directives issued by RBI with minimum PLR for the loans above Rs. 2 lakhs. The rate of interest may be simple rate or compound rate as per the usual practice of the bank as applicable to other term loans. iii) Banks should evolve a suitable machinery for dealing with genuine grievances of the landlord for expeditious disposal. iv) In case of negotiated contracts in respect of advances to landlords and rental (including taxes etc. and deposits of Rs.25 lakhs and above) in respect of premises taken on lease/rental basis by public sector banks, the cases will be reported to Central Bureau of Investigation as per the extant Government instructions. This requirement is not applicable to banks in the private sector.

A. Merely holding 10 per cent of the free float in the listed CIC would not make the investor a Promoter. If the investor does not form a part of the Promoters/Promoter Group as per the definition given in Annex I to the guidelines, he would not be considered as a Promoter.