Notifications - Regulating Non-Banking - ಆರ್ಬಿಐ - Reserve Bank of India
notifications
ಆಗ 14, 2008
Frauds - Future approach towards monitoring of frauds in NBFCs
RBI/2008-09/129 DNBS.PD.CC. No 127 /03.10.42/2008-09 August 14, 2008 All deposit taking NBFCs (including RNBCs) Dear Sirs, Frauds – Future approach towards monitoring of frauds in NBFCs Please refer to Company Circular No. 121 dated July 1, 2008 on the captioned subject which has now been revised as under: 1) Paragraph No. 3.1.3 of Master Circular DNBS.PD.CC.No.121 /03.10.42/2008-09 dated July 01, 2008 has been revised as under- 'NBFCs may also report frauds perpetrat
RBI/2008-09/129 DNBS.PD.CC. No 127 /03.10.42/2008-09 August 14, 2008 All deposit taking NBFCs (including RNBCs) Dear Sirs, Frauds – Future approach towards monitoring of frauds in NBFCs Please refer to Company Circular No. 121 dated July 1, 2008 on the captioned subject which has now been revised as under: 1) Paragraph No. 3.1.3 of Master Circular DNBS.PD.CC.No.121 /03.10.42/2008-09 dated July 01, 2008 has been revised as under- 'NBFCs may also report frauds perpetrat
ಪಿಡಿಎಫ್ (
ಆಗ 05, 2008
PMLA,2002 - Obligation of NBFCs
RBI/2008-09/120 DNBS(PD). CC 126/03.10.042/ 2008- 09 August 5, 2008 All Non-Banking Financial Companies, Miscellaneous Non-Banking Companies, and Residuary Non-Banking Companies Dear Sir, Prevention of Money Laundering Act, 2002 – Obligation of@@NBSP@@ NBFCs in terms of Rules notified there under Please refer to our circular DNBS(PD). CC 68 /03.10.042/2005-06 dated April 5, 2006. In Paragraph 3 of the said circular, NBFCs were advised to go through the provisions of P
RBI/2008-09/120 DNBS(PD). CC 126/03.10.042/ 2008- 09 August 5, 2008 All Non-Banking Financial Companies, Miscellaneous Non-Banking Companies, and Residuary Non-Banking Companies Dear Sir, Prevention of Money Laundering Act, 2002 – Obligation of@@NBSP@@ NBFCs in terms of Rules notified there under Please refer to our circular DNBS(PD). CC 68 /03.10.042/2005-06 dated April 5, 2006. In Paragraph 3 of the said circular, NBFCs were advised to go through the provisions of P
ಆಗ 01, 2008
Guidelines for NBFC-ND-SI as regards capital adequacy, liquidity and disclosure norms
RBI/2008-09/116 DNBS (PD). CC. No. 125/03.05.002 / 2008-2009 August 1, 2008 All non-deposit taking NBFCs with asset size of Rs 100 crore and above (All NBFC-ND-SI) Guidelines for NBFC-ND-SI as regards capital adequacy, liquidity and disclosure norms Please refer to paragraph 216 of Annual Statement on Monetary Policy for the Year 2008-09 in terms of which capital adequacy, liquidity and disclosure norms were to be reviewed in respect of systemically important non-depo
RBI/2008-09/116 DNBS (PD). CC. No. 125/03.05.002 / 2008-2009 August 1, 2008 All non-deposit taking NBFCs with asset size of Rs 100 crore and above (All NBFC-ND-SI) Guidelines for NBFC-ND-SI as regards capital adequacy, liquidity and disclosure norms Please refer to paragraph 216 of Annual Statement on Monetary Policy for the Year 2008-09 in terms of which capital adequacy, liquidity and disclosure norms were to be reviewed in respect of systemically important non-depo
ಜುಲೈ 31, 2008
Accounting for taxes on income- Accounting Standard 22- Treatment of deferred tax assets (DTA) and deferred tax liabilities (DTL) for computation of capital
RBI/2008-09/107 DNBS (PD) C.C. No. 124/ 03.05.002/ 2008-09 July 31, 2008 All Non-Banking Financial Companies (NBFCs), including Residuary Non-Banking Companies (RNBCs) Dear Sirs, Accounting for taxes on income- Accounting Standard 22- Treatment of deferred tax assets (DTA) and deferred tax liabilities (DTL) for computation of capital In terms of Accounting Standard 22 issued by the Institute of Chartered Accountant of India (ICAI), on ‘Accounting for Taxes on Income’,
RBI/2008-09/107 DNBS (PD) C.C. No. 124/ 03.05.002/ 2008-09 July 31, 2008 All Non-Banking Financial Companies (NBFCs), including Residuary Non-Banking Companies (RNBCs) Dear Sirs, Accounting for taxes on income- Accounting Standard 22- Treatment of deferred tax assets (DTA) and deferred tax liabilities (DTL) for computation of capital In terms of Accounting Standard 22 issued by the Institute of Chartered Accountant of India (ICAI), on ‘Accounting for Taxes on Income’,
ಜೂನ್ 17, 2008
Section 45-IA, 45K and 45L of the RBI Act - Grant of CoR - Requirement of minimum NOF of Rs. 200 lakh for all deposit taking NBFCs
RBI/2007-08/369 DNBS (PD) C.C. No. 114 /03. 02.059/2007-08 June 17, 2008 To All deposit taking NBFCs Dear Sir, Section 45-IA, 45K and 45L of the RBI Act – Grant of CoR – Requirement of minimum NOF of Rs. 200 lakh for all deposit taking NBFCs The companies engaged in the business of non-banking financial institution (NBFI) are required to obtain a Certificate of Registration (CoR) from Reserve Bank of India to commence/carry on business of NBFI in terms of Section 45-I
RBI/2007-08/369 DNBS (PD) C.C. No. 114 /03. 02.059/2007-08 June 17, 2008 To All deposit taking NBFCs Dear Sir, Section 45-IA, 45K and 45L of the RBI Act – Grant of CoR – Requirement of minimum NOF of Rs. 200 lakh for all deposit taking NBFCs The companies engaged in the business of non-banking financial institution (NBFI) are required to obtain a Certificate of Registration (CoR) from Reserve Bank of India to commence/carry on business of NBFI in terms of Section 45-I
ಏಪ್ರಿ 23, 2008
Know Your Customer (KYC) Norms / Anti-Money Laundering (AML) Standards/ Combating of Financing of Terrorism (CFT)
RBI / 2007- 08 /294 DNBS(PD). CC 113 /03.10.042/ 2007- 08 April@@NBSP@@ 23, 2008 All Non-Banking Financial Companies, Miscellaneous Non-Banking Companies, and Residuary Non-Banking Companies Dear Sir, Know Your Customer (KYC) Norms / Anti-Money Laundering (AML) Standards/ Combating of Financing of Terrorism (CFT) Please refer to our Company Circular DNBS(PD).CC. 48/10.42/2004-05 dated February 21, 2005 on the captioned subject. It was advised in the guidelines enclose
RBI / 2007- 08 /294 DNBS(PD). CC 113 /03.10.042/ 2007- 08 April@@NBSP@@ 23, 2008 All Non-Banking Financial Companies, Miscellaneous Non-Banking Companies, and Residuary Non-Banking Companies Dear Sir, Know Your Customer (KYC) Norms / Anti-Money Laundering (AML) Standards/ Combating of Financing of Terrorism (CFT) Please refer to our Company Circular DNBS(PD).CC. 48/10.42/2004-05 dated February 21, 2005 on the captioned subject. It was advised in the guidelines enclose
ಏಪ್ರಿ 22, 2008
Regulation of SCs/RCs-disclosure while issuing Security Receipts
RBI/2007-2008/291 DNBS (PD) CC. No. 9/SCRC /10.30.000/ 2007-2008 April 22, 2008 All registered Securitisation Companies/Reconstruction Companies Regulation of SCs/RCs-disclosure while issuing Security Receipts(SRs) Please refer to paragraph 8 of the Securitisation Companies/ Reconstruction Companies (Reserve Bank) Guidelines and Directions, 2003 vide Notification No. DNBS. 2/CGM(CSM)-2003 dated April 23,2003(the Directions) and paragraph 7 of circular DNBS (PD) CC. No
RBI/2007-2008/291 DNBS (PD) CC. No. 9/SCRC /10.30.000/ 2007-2008 April 22, 2008 All registered Securitisation Companies/Reconstruction Companies Regulation of SCs/RCs-disclosure while issuing Security Receipts(SRs) Please refer to paragraph 8 of the Securitisation Companies/ Reconstruction Companies (Reserve Bank) Guidelines and Directions, 2003 vide Notification No. DNBS. 2/CGM(CSM)-2003 dated April 23,2003(the Directions) and paragraph 7 of circular DNBS (PD) CC. No
ಮಾರ್ಚ್ 05, 2008
Frauds - Future approach towards monitoring of frauds in NBFCs
RBI / 2007-2008/257DNBS.PD.CC. No.112 /03.10.42/2007-08March 5, 2008 All deposit taking NBFCs (including RNBCs) Dear Sirs, Frauds – Future approach towards monitoring of frauds in NBFCs Please refer to Company Circular No. 106 dated September 04, 2007 on the captioned subject which has now been revised as under: Para 2.2- Cases of ‘negligence and cash shortages’ and ‘irregularities in foreign exchange transactions’ referred to in items (d) and (f) above are to be repo
RBI / 2007-2008/257DNBS.PD.CC. No.112 /03.10.42/2007-08March 5, 2008 All deposit taking NBFCs (including RNBCs) Dear Sirs, Frauds – Future approach towards monitoring of frauds in NBFCs Please refer to Company Circular No. 106 dated September 04, 2007 on the captioned subject which has now been revised as under: Para 2.2- Cases of ‘negligence and cash shortages’ and ‘irregularities in foreign exchange transactions’ referred to in items (d) and (f) above are to be repo
ಮಾರ್ಚ್ 05, 2008
Regulation of SCs/RCs-submission of returns and audited balance sheet by SCs/RCs
RBI/2007-2008/258DNBS (PD) CC. No. 8 / SCRC / 10.30.000/ 2007-2008March 5, 2008 All registered Securitisation Companies/Reconstruction CompaniesRegulation of SCs/RCs-submission of returns and audited balance sheet by SCs/RCsIn partial modification of our earlier circular CC No. 5/SCRc/10.30.000/2006-07 dated April 25, 2007, all the SCs/RCs registered with the Bank are advised to furnish the position of Owned Funds in Quarterly Statements SCRC1 as item no.1. 2. All SCs
RBI/2007-2008/258DNBS (PD) CC. No. 8 / SCRC / 10.30.000/ 2007-2008March 5, 2008 All registered Securitisation Companies/Reconstruction CompaniesRegulation of SCs/RCs-submission of returns and audited balance sheet by SCs/RCsIn partial modification of our earlier circular CC No. 5/SCRc/10.30.000/2006-07 dated April 25, 2007, all the SCs/RCs registered with the Bank are advised to furnish the position of Owned Funds in Quarterly Statements SCRC1 as item no.1. 2. All SCs
ಫೆಬ್ರವರಿ 15, 2008
Regulatory Framework for Mortgage Guarantee Company
RBI/2007-2008/238DNBS/PD(MGC) C.C. 1 / 03.11.001 /2007-08 February 15, 2008Regulatory Framework for Mortgage Guarantee CompanyPlease refer to Company Circular DNBS/PD(MGC) C.C.111/ 03.11.001 /2007-08 dated January 15, 2008 on the captioned subject wherein Mortgage Guarantee Company have been specified as non-banking financial company in terms of powers conferred upon the Bank under Section 45 I (f) (iii) of the RBI Act, 1934. 2. The Bank has since finalised Guidelines
RBI/2007-2008/238DNBS/PD(MGC) C.C. 1 / 03.11.001 /2007-08 February 15, 2008Regulatory Framework for Mortgage Guarantee CompanyPlease refer to Company Circular DNBS/PD(MGC) C.C.111/ 03.11.001 /2007-08 dated January 15, 2008 on the captioned subject wherein Mortgage Guarantee Company have been specified as non-banking financial company in terms of powers conferred upon the Bank under Section 45 I (f) (iii) of the RBI Act, 1934. 2. The Bank has since finalised Guidelines
ಜನವರಿ 15, 2008
Regulatory Framework for Mortgage Guarantee Company
RBI/2007-2008/224DNBS/PD(MGC) C.C.111/ 03.11.001 /2007-08January 15, 2008 Regulatory Framework for Mortgage Guarantee CompanyIt may be recalled that while announcing proposals for the Union budget 2007-08, the Finance Minister of India announced:'Our people want housing loans. Banks and housing finance companies that lend against mortgages would have greater comfort if the mortgage can be guaranteed through a three way contract among borrower, lender and guarantor. Re
RBI/2007-2008/224DNBS/PD(MGC) C.C.111/ 03.11.001 /2007-08January 15, 2008 Regulatory Framework for Mortgage Guarantee CompanyIt may be recalled that while announcing proposals for the Union budget 2007-08, the Finance Minister of India announced:'Our people want housing loans. Banks and housing finance companies that lend against mortgages would have greater comfort if the mortgage can be guaranteed through a three way contract among borrower, lender and guarantor. Re
ಡಿಸೆಂ 14, 2007
RNBCs - Payment of Interest for Delayed Repayment of Deposits
RBI / 2007-2008/211DNBS (PD) CC. No.110 / 04.18.001 / 2007- 08December 14, 2007To, Residuary Non-Banking CompaniesDear Sirs, Residuary Non-Banking Companies (Reserve Bank) Directions, 1987 –Payment of interest for delayed repayment of deposits Please refer to the Residuary Non-Banking Companies (Reserve Bank) Directions, 1987. In terms of paragraph 5A of the said directions, it is obligatory on the part of the Residuary Non-Banking Companies (RNBCs) to intimate about
RBI / 2007-2008/211DNBS (PD) CC. No.110 / 04.18.001 / 2007- 08December 14, 2007To, Residuary Non-Banking CompaniesDear Sirs, Residuary Non-Banking Companies (Reserve Bank) Directions, 1987 –Payment of interest for delayed repayment of deposits Please refer to the Residuary Non-Banking Companies (Reserve Bank) Directions, 1987. In terms of paragraph 5A of the said directions, it is obligatory on the part of the Residuary Non-Banking Companies (RNBCs) to intimate about
ನವೆಂ 26, 2007
Unsolicited Commercial Communications - National Do Not Call Registry
RBI/2007-08/193 DNBS.PD/ C.C No.109/03.10.001/2007-08 November 26, 2007 All Non-Banking Financial Companies Dear Sir, Unsolicited Commercial Communications - National Do Not Call Registry It is an emerging practice in India to engage agents/outsource business operations for the purpose of soliciting or promoting any commercial transactions using telecommunication mode. There is a need to protect the right to privacy of the members of public and to curb the complaints
RBI/2007-08/193 DNBS.PD/ C.C No.109/03.10.001/2007-08 November 26, 2007 All Non-Banking Financial Companies Dear Sir, Unsolicited Commercial Communications - National Do Not Call Registry It is an emerging practice in India to engage agents/outsource business operations for the purpose of soliciting or promoting any commercial transactions using telecommunication mode. There is a need to protect the right to privacy of the members of public and to curb the complaints
ನವೆಂ 22, 2007
Regulation of Mutual Benefit Financial Companies (MBFCs) and Mutual Benefit Companies (MBCs)
RBI/2007-08/192DNBS (PD) CC. No.108 / 03.02.21 / 2007- 08November 22, 2007To,Mutual Benefit Financial Companies (Nidhis) and Mutual Benefit Companies (Potential Nidhis)Dear Sirs, Regulation of Mutual Benefit Financial Companies (MBFCs) and Mutual Benefit Companies (MBCs)As you are aware, the Ministry of Company Affairs regulates Mutual Benefit Financial Companies (Notified Nidhis) and Mutual Benefit Companies (Potential Nidhis) comprehensively since 2001. Accordingly
RBI/2007-08/192DNBS (PD) CC. No.108 / 03.02.21 / 2007- 08November 22, 2007To,Mutual Benefit Financial Companies (Nidhis) and Mutual Benefit Companies (Potential Nidhis)Dear Sirs, Regulation of Mutual Benefit Financial Companies (MBFCs) and Mutual Benefit Companies (MBCs)As you are aware, the Ministry of Company Affairs regulates Mutual Benefit Financial Companies (Notified Nidhis) and Mutual Benefit Companies (Potential Nidhis) comprehensively since 2001. Accordingly
ಅಕ್ಟೋ 10, 2007
Guidelines on Fair Practices Code for Non-Banking Financial Companies
RBI/2007-08/158 DNBS.PD/ CC. No. / 03.10.042 /2007-08 October 10, 2007 All Non-Banking Financial Companies (including Residuary Non-Banking Companies) Dear Sir, Guidelines on Fair Practices Code for Non-Banking Financial Companies Please refer to our Company Circular DNBS (PD) CC No. 80 / 03.10.042 / 2005-06 dated September 28, 2006 wherein guidelines were issued to NBFCs (including RNBCs) for framing the Fair Practices Code. In terms of paragraph (ii) of the Annex to
RBI/2007-08/158 DNBS.PD/ CC. No. / 03.10.042 /2007-08 October 10, 2007 All Non-Banking Financial Companies (including Residuary Non-Banking Companies) Dear Sir, Guidelines on Fair Practices Code for Non-Banking Financial Companies Please refer to our Company Circular DNBS (PD) CC No. 80 / 03.10.042 / 2005-06 dated September 28, 2006 wherein guidelines were issued to NBFCs (including RNBCs) for framing the Fair Practices Code. In terms of paragraph (ii) of the Annex to
ಸೆಪ್ಟೆಂ 04, 2007
Future approach towards monitoring of frauds in NBFCs
RBI / 2007-08/130 DNBS.PD.CC. No.106 /03.10.42/2005-06 September 4, 2007 All deposit taking NBFCs (including RNBCs) Dear Sirs, Frauds – Future approach towards monitoring of frauds in NBFCs Please refer to Company Circular 59 dated October 26, 2005 on the captioned subject. It was advised in terms of paragraph 3.1.4 thereof that FMR-1, in cases where the amount involved in fraud is Rs 25 lakhs and above shall be submitted to Fraud Monitoring Cell, DBS, CO only. It has
RBI / 2007-08/130 DNBS.PD.CC. No.106 /03.10.42/2005-06 September 4, 2007 All deposit taking NBFCs (including RNBCs) Dear Sirs, Frauds – Future approach towards monitoring of frauds in NBFCs Please refer to Company Circular 59 dated October 26, 2005 on the captioned subject. It was advised in terms of paragraph 3.1.4 thereof that FMR-1, in cases where the amount involved in fraud is Rs 25 lakhs and above shall be submitted to Fraud Monitoring Cell, DBS, CO only. It has
ಜುಲೈ 31, 2007
NBFCs - FIMMDA Reporting Platform for Corporate Bond Transactions
RBI/2007-2008/105DNBS.PD/ C.C. No. 96/ 03.10.001/2007-08July 31, 2007To All Non-Banking Financial Companies (NBFCs)Dear Sir,FIMMDA Reporting Platform for Corporate Bond Transactions As you are aware, the High Level Expert Committee on Corporate Bonds and Securitisation (Patil Committee) had recommended setting up of reporting platforms for corporate bonds with a view to enhance transparency and to further the development of corporate bond markets. Accordingly, BSE and
RBI/2007-2008/105DNBS.PD/ C.C. No. 96/ 03.10.001/2007-08July 31, 2007To All Non-Banking Financial Companies (NBFCs)Dear Sir,FIMMDA Reporting Platform for Corporate Bond Transactions As you are aware, the High Level Expert Committee on Corporate Bonds and Securitisation (Patil Committee) had recommended setting up of reporting platforms for corporate bonds with a view to enhance transparency and to further the development of corporate bond markets. Accordingly, BSE and
ಜುಲೈ 11, 2007
Guidelines on Corporate Governance for NBFCs
RBI/2007-2008/92DNBS.PD/ CC 104 / 03.10.042 /2007-08July 11, 2007The Chairman/CEO1. All Deposit taking NBFCs with deposit size of Rs 20 crore and above2. All non-deposit taking NBFCs with asset size of Rs 100 crore and above (NBFC-ND-SI).Dear Sir,Guidelines on Corporate Governance Please refer to our circular DNBS.PD/ C.C. 94 / 03.10.042 /2006-07 dated May 8, 2007 on the captioned subject. The Bank has received suggestions with reference to paragraph 2(vi) of the circ
RBI/2007-2008/92DNBS.PD/ CC 104 / 03.10.042 /2007-08July 11, 2007The Chairman/CEO1. All Deposit taking NBFCs with deposit size of Rs 20 crore and above2. All non-deposit taking NBFCs with asset size of Rs 100 crore and above (NBFC-ND-SI).Dear Sir,Guidelines on Corporate Governance Please refer to our circular DNBS.PD/ C.C. 94 / 03.10.042 /2006-07 dated May 8, 2007 on the captioned subject. The Bank has received suggestions with reference to paragraph 2(vi) of the circ
ಮೇ 28, 2007
Guidelines on declaration of Net Asset Value of Security Receipts issued by Securitisation Company/ Reconstruction Company
RBI/2006-2007/420 DNBS (PD) CC. No. 6 / SCRC / 10.30.049/ 2006-2007 May 28, 2007 All registered Securitisation Companies/Reconstruction Companies Dear Sir, Guidelines on declaration of Net Asset Value of Security Receipts issued by Securitisation Company/ Reconstruction Company In order to enable the Qualified Institutional Buyers to know the value of their investment in the Security Receipts issued by the Securitisation Company/Reconstruction Company, it has been dec
RBI/2006-2007/420 DNBS (PD) CC. No. 6 / SCRC / 10.30.049/ 2006-2007 May 28, 2007 All registered Securitisation Companies/Reconstruction Companies Dear Sir, Guidelines on declaration of Net Asset Value of Security Receipts issued by Securitisation Company/ Reconstruction Company In order to enable the Qualified Institutional Buyers to know the value of their investment in the Security Receipts issued by the Securitisation Company/Reconstruction Company, it has been dec
ಮೇ 24, 2007
Complaints about excessive interest charged by NBFCs
RBI/2006-2007/414DNBS.PD/ CC.No. 95 /03.05.002 /2006-07May 24, 2007To,All Non-Banking Financial Companies (NBFCs)Including Residuary Non- Banking Companies (RNBCs)Dear Sir,Complaints about excessive interest charged by NBFCsThe Reserve Bank has been receiving several complaints regarding levying of excessive interest and charges on certain loans and advances by NBFCs.2. Though interest rates are not regulated by the Bank, rates of interest beyond a certain level may b
RBI/2006-2007/414DNBS.PD/ CC.No. 95 /03.05.002 /2006-07May 24, 2007To,All Non-Banking Financial Companies (NBFCs)Including Residuary Non- Banking Companies (RNBCs)Dear Sir,Complaints about excessive interest charged by NBFCsThe Reserve Bank has been receiving several complaints regarding levying of excessive interest and charges on certain loans and advances by NBFCs.2. Though interest rates are not regulated by the Bank, rates of interest beyond a certain level may b
ಭಾರತೀಯ ರಿಸರ್ವ್ ಬ್ಯಾಂಕ್ ಮೊಬೈಲ್ ಅಪ್ಲಿಕೇಶನ್ ಅನ್ನು ಇನ್ಸ್ಟಾಲ್ ಮಾಡಿ ಮತ್ತು ಇತ್ತೀಚಿನ ಸುದ್ದಿಗಳಿಗೆ ತ್ವರಿತ ಅಕ್ಸೆಸ್ ಪಡೆಯಿರಿ!
ಪೇಜ್ ಕೊನೆಯದಾಗಿ ಅಪ್ಡೇಟ್ ಆದ ದಿನಾಂಕ: ಮೇ 10, 2024
