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മേയ് 19, 2025
Draft Reserve Bank of India (Investment in AIF) Directions, 2025

DRAFT FOR COMMENTS RBI/2025-26/-- DOR.STR.REC.--/21.04.048/2025-26 ___, 2025 Reserve Bank of India (Investment in AIF) Directions, 2025 The Reserve Bank had issued the circular no.DOR.STR.REC.58/21.04.048/2023-24 dated December 19, 2023 and DOR.STR.REC.85/21.04.048/2023-24, dated March 27, 2024 (“existing circulars”), prescribing the regulatory guidelines in respect of the investment by the regulated entities (REs) in Alternative Investment Funds (AIFs). The above guidelines have been reviewed, inter alia taking into account the regulations issued by the Securities and Exchange Board of India (SEBI) relating to specific due diligence of investors and investments of AIFs.

DRAFT FOR COMMENTS RBI/2025-26/-- DOR.STR.REC.--/21.04.048/2025-26 ___, 2025 Reserve Bank of India (Investment in AIF) Directions, 2025 The Reserve Bank had issued the circular no.DOR.STR.REC.58/21.04.048/2023-24 dated December 19, 2023 and DOR.STR.REC.85/21.04.048/2023-24, dated March 27, 2024 (“existing circulars”), prescribing the regulatory guidelines in respect of the investment by the regulated entities (REs) in Alternative Investment Funds (AIFs). The above guidelines have been reviewed, inter alia taking into account the regulations issued by the Securities and Exchange Board of India (SEBI) relating to specific due diligence of investors and investments of AIFs.

ഫെബ്രു 21, 2025
Responsible Lending Conduct – Levy of Foreclosure Charges/ Pre-payment Penalties on Loans - Responsible Lending Conduct – Levy of Foreclosure Charges/ Pre-payment Penalties on Loans - Draft Circular

DRAFT CIRCULAR RBI/2024-25/ DoR.MCS.REC. /01.01.001/2024-25 XXXXXX XX, 2025 All Scheduled Commercial Banks (excluding Payments Banks) All Local Area Banks All Primary (Urban) Co-operative Banks All State Co-operative Banks and Central Co-operative Banks All NBFCs (including HFCs) All India Financial Institutions (AIFIs) Madam/ Dear Sir

DRAFT CIRCULAR RBI/2024-25/ DoR.MCS.REC. /01.01.001/2024-25 XXXXXX XX, 2025 All Scheduled Commercial Banks (excluding Payments Banks) All Local Area Banks All Primary (Urban) Co-operative Banks All State Co-operative Banks and Central Co-operative Banks All NBFCs (including HFCs) All India Financial Institutions (AIFIs) Madam/ Dear Sir

ജനു 15, 2024
Draft circular - “Credit/investment Concentration Norms – Government owned NBFCs”

Please refer to paragraph 91.7 of Master Direction – Reserve Bank of India (Non-Banking Financial Company – Scale Based Regulation) Directions, 2023 dated October 19, 2023 as per which Government owned NBFCs set up to serve specific sectors are permitted to approach the Reserve Bank for exemptions, if any, from credit/investment concentration norms. 

Please refer to paragraph 91.7 of Master Direction – Reserve Bank of India (Non-Banking Financial Company – Scale Based Regulation) Directions, 2023 dated October 19, 2023 as per which Government owned NBFCs set up to serve specific sectors are permitted to approach the Reserve Bank for exemptions, if any, from credit/investment concentration norms. 

ജനു 15, 2024
Review of regulatory framework for HFCs and harmonisation of regulations applicable to HFCs and NBFCs

Please refer to our circular DOR.NBFC (HFC).CC.No.118/03.10.136/2020-21 dated October 22, 2020, issued after examination of inputs received on the draft regulatory framework for HFCs, which was placed in public domain on June 17, 2020.  Reference is invited to para 4 of the above circular advising that further harmonisation between the regulations of HFCs and NBFCs will be taken up in a phased manner in the next two years so as to ensure that the transition is achieved with least disruption.   

Please refer to our circular DOR.NBFC (HFC).CC.No.118/03.10.136/2020-21 dated October 22, 2020, issued after examination of inputs received on the draft regulatory framework for HFCs, which was placed in public domain on June 17, 2020.  Reference is invited to para 4 of the above circular advising that further harmonisation between the regulations of HFCs and NBFCs will be taken up in a phased manner in the next two years so as to ensure that the transition is achieved with least disruption.   

ജൂൺ 23, 2022
Draft Master Direction on Outsourcing of IT Services
RBI/2022-23/xx DoS.CO.CSITEG/SEC.xx/31.01.015/2022-23 June 23, 2022 The Chairman/Managing Director/Chief Executive Officer Scheduled Commercial Banks (excluding Regional Rural Banks); Local Area Banks; Small Finance Banks; Payments Banks; Primary (Urban) Co-operative Banks having asset size of ₹1000 crore and above; Non-Banking Financial Companies in Top, Upper and Middle Layers; Credit Information Companies; and All India Financial Institutions (NHB, NABARD, SIDBI, E
RBI/2022-23/xx DoS.CO.CSITEG/SEC.xx/31.01.015/2022-23 June 23, 2022 The Chairman/Managing Director/Chief Executive Officer Scheduled Commercial Banks (excluding Regional Rural Banks); Local Area Banks; Small Finance Banks; Payments Banks; Primary (Urban) Co-operative Banks having asset size of ₹1000 crore and above; Non-Banking Financial Companies in Top, Upper and Middle Layers; Credit Information Companies; and All India Financial Institutions (NHB, NABARD, SIDBI, E
ഡിസം 09, 2020
Declaration of Dividend by NBFCs
Draft Circular All Non-Banking Financial Companies (NBFCs) Madam / Dear Sir, Declaration of Dividend by NBFCs In order to infuse greater transparency and uniformity in practice, it has been decided to prescribe guidelines on distribution of dividend by NBFCs. NBFCs may declare dividend, subject to compliance with the guidelines laid down below: 2. Eligibility criteria for declaration of dividend Only those NBFCs, which comply with the following minimum prudential requ
Draft Circular All Non-Banking Financial Companies (NBFCs) Madam / Dear Sir, Declaration of Dividend by NBFCs In order to infuse greater transparency and uniformity in practice, it has been decided to prescribe guidelines on distribution of dividend by NBFCs. NBFCs may declare dividend, subject to compliance with the guidelines laid down below: 2. Eligibility criteria for declaration of dividend Only those NBFCs, which comply with the following minimum prudential requ
മേയ് 24, 2019
Liquidity Risk Management Framework for Non-Banking Financial companies and Core Investment Companies – Draft Guidelines for public comments
Draft Guidelines All Non-Banking Financial Companies (NBFCs) including Core Investment Companies (CICs) Madam/ Sir, Liquidity Risk Management Framework for Non-Banking Financial companies and Core Investment Companies – Draft Guidelines for public comments Please refer to paragraph 107 and paragraph 94 of Master Direction - Non-Banking Financial Company - Systemically Important Non-Deposit taking Company and Deposit taking Company (Reserve Bank) Directions, 2016, and
Draft Guidelines All Non-Banking Financial Companies (NBFCs) including Core Investment Companies (CICs) Madam/ Sir, Liquidity Risk Management Framework for Non-Banking Financial companies and Core Investment Companies – Draft Guidelines for public comments Please refer to paragraph 107 and paragraph 94 of Master Direction - Non-Banking Financial Company - Systemically Important Non-Deposit taking Company and Deposit taking Company (Reserve Bank) Directions, 2016, and
ഏപ്രി 28, 2016
Consultation Paper on Peer to Peer Lending
INDEX 1. Introduction 2. P2P Lending Globally 3. P2P Lending India 4. Arguments for and against Regulating the Sector 5. The Way Forward 6. Feedback/Comments Introduction The financial sector is not immune from the advent of online industry and its potential impact. For this reason, it is attracting attention of analysts, investors, customers, businesses and regulators in a major way. Peer-to-Peer (P2P) lending is one such business model that has gathered momentum glo
INDEX 1. Introduction 2. P2P Lending Globally 3. P2P Lending India 4. Arguments for and against Regulating the Sector 5. The Way Forward 6. Feedback/Comments Introduction The financial sector is not immune from the advent of online industry and its potential impact. For this reason, it is attracting attention of analysts, investors, customers, businesses and regulators in a major way. Peer-to-Peer (P2P) lending is one such business model that has gathered momentum glo
മാർ 03, 2016
Directions regarding Registration and Operations of NBFC - Account Aggregators under section 45-IA of the Reserve Bank of India Act, 1934
The Reserve Bank of India, (the Bank) issued a Notification No..........DNBS.(AA) / CGM (CDS)-2016 dated XXXX 2016 in terms of sub-clause (iii) of clause(f) of section 45I of the Reserve Bank of India Act, 1934 (hereinafter referred to “the Act”) and on being satisfied that it is necessary to do so, in exercise of the powers conferred under section 45JA of the Act, and of all the powers enabling it in this behalf, hereby issues these directions for compliance of the s
The Reserve Bank of India, (the Bank) issued a Notification No..........DNBS.(AA) / CGM (CDS)-2016 dated XXXX 2016 in terms of sub-clause (iii) of clause(f) of section 45I of the Reserve Bank of India Act, 1934 (hereinafter referred to “the Act”) and on being satisfied that it is necessary to do so, in exercise of the powers conferred under section 45JA of the Act, and of all the powers enabling it in this behalf, hereby issues these directions for compliance of the s
ഏപ്രി 10, 2015
Guidelines on Managing Risks and Code of Conduct in Outsourcing of Financial Services by NBFCs
1. Introduction 1.1 NBFCs have been outsourcing various activities and are hence exposed to various risks as detailed in para 1.2. Further, the outsourcing activities are to be brought within regulatory purview to a) protect the interest of the customers of NBFCs and b) to ensure that the NBFC concerned and the Reserve Bank of India have access to all books, records and information available with service provider. Typically outsourced financial services include applic
1. Introduction 1.1 NBFCs have been outsourcing various activities and are hence exposed to various risks as detailed in para 1.2. Further, the outsourcing activities are to be brought within regulatory purview to a) protect the interest of the customers of NBFCs and b) to ensure that the NBFC concerned and the Reserve Bank of India have access to all books, records and information available with service provider. Typically outsourced financial services include applic
മേയ് 11, 2012
Core Investment Companies - Overseas Investment (Reserve Bank) Directions, 2012
‘DRAFT DIRECTIONS’ All Core Investment Companies May , 2012 Dear Sirs, Core Investment Companies - Overseas Investment (Reserve Bank) Directions, 2012 Short title and commencement of the Directions (a) These Directions shall be known as the Core Investment Companies - Overseas Investment (Reserve Bank) Directions, 2012. (b) These Directions shall come into force with immediate effect. 2. Prior Approval of RBI in cases of Overseas investment by CICs (a) These direction
‘DRAFT DIRECTIONS’ All Core Investment Companies May , 2012 Dear Sirs, Core Investment Companies - Overseas Investment (Reserve Bank) Directions, 2012 Short title and commencement of the Directions (a) These Directions shall be known as the Core Investment Companies - Overseas Investment (Reserve Bank) Directions, 2012. (b) These Directions shall come into force with immediate effect. 2. Prior Approval of RBI in cases of Overseas investment by CICs (a) These direction
ഓഗ 02, 2010
Discussion Paper on Engagement of 'for-profit' Companies as Business Correspondents
Introduction 1. The purpose of this paper is to seek the views / comments of banks, non-banking financial institutions, ‘for-profit’ companies, regulators, academicians, NGOs and the public at large on the discussion on whether there is a case for allowing banks to engage ‘for-profit’ companies as well as NBFCs as their Business Correspondents for expanding their banking outreach. Business Correspondent model 2. The Reserve Bank of India has taken several initiatives
Introduction 1. The purpose of this paper is to seek the views / comments of banks, non-banking financial institutions, ‘for-profit’ companies, regulators, academicians, NGOs and the public at large on the discussion on whether there is a case for allowing banks to engage ‘for-profit’ companies as well as NBFCs as their Business Correspondents for expanding their banking outreach. Business Correspondent model 2. The Reserve Bank of India has taken several initiatives
ജൂൺ 03, 2010
Securitisation Transactions by NBFCs- Draft Guidelines on Minimum Holding Period and Minimum Retention requirement
Detailed Guidelines on Securitisation of Standard Assets were issued to NBFCs vide Circular DBOD.NO.BP.BC.60/21.04.048/2005-06 dated February 01, 2006. 2. In order to prevent unhealthy practices from developing and in order to align the interest of the originator with that of the investors, it has been considered necessary that originators should retain a portion of each securitization originated, as a mechanism to better align incentives and ensure more effective scr
Detailed Guidelines on Securitisation of Standard Assets were issued to NBFCs vide Circular DBOD.NO.BP.BC.60/21.04.048/2005-06 dated February 01, 2006. 2. In order to prevent unhealthy practices from developing and in order to align the interest of the originator with that of the investors, it has been considered necessary that originators should retain a portion of each securitization originated, as a mechanism to better align incentives and ensure more effective scr
ഏപ്രി 21, 2010
Proposed Regulatory Framework for Systemically Important Non Deposit Accepting Core Investment Companies(CICs-ND-SI)
DNBS (PD) CC.No. /03.10.001/2009-10 April 21, 2010 Proposed Regulatory Framework for Systemically Important Non Deposit Accepting Core Investment Companies(CICs-ND-SI) Core Investment Companies (CICs) were not considered as carrying on the business of acquisition of shares and securities in the following circumstances, namely, not less than 90% of their assets were in investments in shares for the purpose of holding stake in the investee companies; they were not tradi
DNBS (PD) CC.No. /03.10.001/2009-10 April 21, 2010 Proposed Regulatory Framework for Systemically Important Non Deposit Accepting Core Investment Companies(CICs-ND-SI) Core Investment Companies (CICs) were not considered as carrying on the business of acquisition of shares and securities in the following circumstances, namely, not less than 90% of their assets were in investments in shares for the purpose of holding stake in the investee companies; they were not tradi
ഡിസം 05, 2008
Draft Regulatory Guidelines
DNBS/PD (SC/RC) No. /10.30.000/2008-09 December…., 2008 Draft Guidelines on Change in or Take Over of the Management of the Business of the Borrower by Securitisation Companies or Reconstruction Companies (Reserve Bank) Guidelines, 200…. The Reserve Bank of India hereby notifies these guidelines, framed under Section 9(a) of the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interests Act, 2002 (SARFAESI Act) to provide for the prope
DNBS/PD (SC/RC) No. /10.30.000/2008-09 December…., 2008 Draft Guidelines on Change in or Take Over of the Management of the Business of the Borrower by Securitisation Companies or Reconstruction Companies (Reserve Bank) Guidelines, 200…. The Reserve Bank of India hereby notifies these guidelines, framed under Section 9(a) of the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interests Act, 2002 (SARFAESI Act) to provide for the prope

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പേജ് അവസാനം അപ്ഡേറ്റ് ചെയ്തത്: മേയ് 19, 2025

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