Regulating Non-Banking

Guidelines on Corporate Governance - Review

RBI/2014-15/552DNBR (PD) CC.No.029/ 03.10.001/ 2014-15April 10, 2015All NBFCs (excluding Primary Dealers) Dear Sirs,Guidelines on Corporate Governance - ReviewPlease refer to the Revised Regulatory Framework for NBFCs issued vide DNBR (PD) CC.No.002/ 03.10.001/ 2014-15 dated November 10, 2014 (the Framework). Corporate Governance and Disclosure norms for NBFCs, contained in para 9 of the Framework, have been reviewed based on the feedback received from industry partic

RBI/2014-15/552DNBR (PD) CC.No.029/ 03.10.001/ 2014-15April 10, 2015All NBFCs (excluding Primary Dealers) Dear Sirs,Guidelines on Corporate Governance - ReviewPlease refer to the Revised Regulatory Framework for NBFCs issued vide DNBR (PD) CC.No.002/ 03.10.001/ 2014-15 dated November 10, 2014 (the Framework). Corporate Governance and Disclosure norms for NBFCs, contained in para 9 of the Framework, have been reviewed based on the feedback received from industry partic

Guidelines on Corporate Governance - Review

NBFCs- Lending against Shares - Clarification

RBI/2014-15/551 DNBR (PD).CC.No.028/03.10.001/2014-15 April 10, 2015 All NBFCs with asset size of `.100 cr and above (excluding Primary Dealers) Dear Sirs, NBFCs- Lending against Shares – Clarification Please refer to our circular DNBS (PD).CC.No.408/03.10.001/2014-15 dated August 21, 2014. We have since received a number of queries from the industry participants seeking clarification on the applicability of the circular. In this connection, the following is clarified

RBI/2014-15/551 DNBR (PD).CC.No.028/03.10.001/2014-15 April 10, 2015 All NBFCs with asset size of `.100 cr and above (excluding Primary Dealers) Dear Sirs, NBFCs- Lending against Shares – Clarification Please refer to our circular DNBS (PD).CC.No.408/03.10.001/2014-15 dated August 21, 2014. We have since received a number of queries from the industry participants seeking clarification on the applicability of the circular. In this connection, the following is clarified

NBFCs- Lending against Shares - Clarification

Non-Banking Financial Company-Micro Finance Institutions (NBFC-MFIs) - Directions - Modifications

RBI/2014-15/544 DNBR.CC.PD.No.027/03.10.01/2014-15 April 08, 2015 To All NBFC-MFIs Dear Sirs, Non-Banking Financial Company-Micro Finance Institutions (NBFC-MFIs) – Directions – Modifications The captioned directions contained in the notification DNBS.PD.No.234/CGM (US)-2011 dated December 2, 2011 and subsequent modifications were issued to NBFC-MFIs in the backdrop of the Andhra Pradesh-MFI crisis. The sector has largely moved forward since then. Accordingly certain

RBI/2014-15/544 DNBR.CC.PD.No.027/03.10.01/2014-15 April 08, 2015 To All NBFC-MFIs Dear Sirs, Non-Banking Financial Company-Micro Finance Institutions (NBFC-MFIs) – Directions – Modifications The captioned directions contained in the notification DNBS.PD.No.234/CGM (US)-2011 dated December 2, 2011 and subsequent modifications were issued to NBFC-MFIs in the backdrop of the Andhra Pradesh-MFI crisis. The sector has largely moved forward since then. Accordingly certain

Non-Banking Financial Company-Micro Finance Institutions (NBFC-MFIs) - Directions - Modifications

Implementation of Section 51-A of UAPA, 1967- Updates of the UNSCR 1267(1999)/1989(2011) Committee’s Al Qaida sanctions list

RBI/2014-15/541 DNBR(PD).CC.No.026/03.10.42/2014-15 April 06, 2015 All NBFCs Dear Sirs, Implementation of Section 51-A of UAPA, 1967- Updates of the UNSCR 1267(1999)/1989(2011) Committee’s Al Qaida sanctions list Please refer to our Circular DNBR (PD).CC.No.023/03.10.42/2014-15 dated March 17, 2015 on the captioned subject releasing 4th update dated February 11, 2015 and February 19, 2015 regarding UNSCR 1267(1999)/1989(2011) Committee’s Al Qaida Sanctions List. 2. Mi

RBI/2014-15/541 DNBR(PD).CC.No.026/03.10.42/2014-15 April 06, 2015 All NBFCs Dear Sirs, Implementation of Section 51-A of UAPA, 1967- Updates of the UNSCR 1267(1999)/1989(2011) Committee’s Al Qaida sanctions list Please refer to our Circular DNBR (PD).CC.No.023/03.10.42/2014-15 dated March 17, 2015 on the captioned subject releasing 4th update dated February 11, 2015 and February 19, 2015 regarding UNSCR 1267(1999)/1989(2011) Committee’s Al Qaida Sanctions List. 2. Mi

Implementation of Section 51-A of UAPA, 1967- Updates of the UNSCR 1267(1999)/1989(2011) Committee’s Al Qaida sanctions list

Implementation of Section 51-A of UAPA, 1967-UNSCR 1267(1999)/1989(2011) Committee’s Al Qaida Sanctions List and UNSCR 1988 (2011) Taliban Sanctions List- Modification in the Listing Format

RBI/2014-15/519 DNBR (PD).CC.No 025/03.10.042 /2014-15 March 27, 2015 All NBFCs Dear Sirs, Implementation of Section 51-A of UAPA, 1967-UNSCR 1267(1999)/1989(2011) Committee’s Al Qaida Sanctions List and UNSCR 1988 (2011) Taliban Sanctions List- Modification in the Listing Format A reference is invited to our circulars issued from time to time advising about amendments /additions/ deletions to UNSCR 1267(1999) /1989 (2011) Al Qaida Sanction list and UNSCR 1988 (2011)

RBI/2014-15/519 DNBR (PD).CC.No 025/03.10.042 /2014-15 March 27, 2015 All NBFCs Dear Sirs, Implementation of Section 51-A of UAPA, 1967-UNSCR 1267(1999)/1989(2011) Committee’s Al Qaida Sanctions List and UNSCR 1988 (2011) Taliban Sanctions List- Modification in the Listing Format A reference is invited to our circulars issued from time to time advising about amendments /additions/ deletions to UNSCR 1267(1999) /1989 (2011) Al Qaida Sanction list and UNSCR 1988 (2011)

Implementation of Section 51-A of UAPA, 1967-UNSCR 1267(1999)/1989(2011) Committee’s Al Qaida Sanctions List and UNSCR 1988 (2011) Taliban Sanctions List- Modification in the Listing Format

Implementation of Section 51-A of UAPA, 1967- Updates of the UNSCR 1267(1999)/1989(2011) Committee’s Al Qaida Sanctions List

RBI/2014-15/503 DNBR.PD.CC.No.023/03.10.042/2014-15 March 17, 2015 All NBFCs Dear Sir Implementation of Section 51-A of UAPA, 1967- Updates of the UNSCR 1267(1999)/1989(2011) Committee’s Al Qaida Sanctions List Please refer to our Circular DNBR(PD).CC.No 020/03.10.42/2014-15 dated February 11, 2015 on the captioned subject releasing 2nd update dated January 23, 2015 regarding UNSCR 1267(1999)/1989(2011) Committee’s Al Qaida Sanctions List. 2. Ministry of External Affa

RBI/2014-15/503 DNBR.PD.CC.No.023/03.10.042/2014-15 March 17, 2015 All NBFCs Dear Sir Implementation of Section 51-A of UAPA, 1967- Updates of the UNSCR 1267(1999)/1989(2011) Committee’s Al Qaida Sanctions List Please refer to our Circular DNBR(PD).CC.No 020/03.10.42/2014-15 dated February 11, 2015 on the captioned subject releasing 2nd update dated January 23, 2015 regarding UNSCR 1267(1999)/1989(2011) Committee’s Al Qaida Sanctions List. 2. Ministry of External Affa

Implementation of Section 51-A of UAPA, 1967- Updates of the UNSCR 1267(1999)/1989(2011) Committee’s Al Qaida Sanctions List

Bank’s prior approval for change in shareholding

RBI/2014-2015/476 DNBR(PD)CC.No. 01/SCRC/26.03.001/2014-2015 February 24, 2015 The Chairman / Managing Director / Chief Executive Officer All Registered Securitisation Companies / Reconstruction Companies Dear Sir, Bank’s prior approval for change in shareholding In terms of Section 3(6) of the SARFAESI Act, 2002, every Securitisation Company / Reconstruction Company (SC / RC) is required to obtain prior approval of the Reserve Bank for any substantial change in its m

RBI/2014-2015/476 DNBR(PD)CC.No. 01/SCRC/26.03.001/2014-2015 February 24, 2015 The Chairman / Managing Director / Chief Executive Officer All Registered Securitisation Companies / Reconstruction Companies Dear Sir, Bank’s prior approval for change in shareholding In terms of Section 3(6) of the SARFAESI Act, 2002, every Securitisation Company / Reconstruction Company (SC / RC) is required to obtain prior approval of the Reserve Bank for any substantial change in its m

Bank’s prior approval for change in shareholding

Raising Money through Private Placement of Non-Convertible Debentures (NCDs) by NBFCs

RBI/2014-15/475 DNBR (PD) CC No.021/03.10.001/2014-15 February 20, 2015 All NBFCs (excluding PDs) Dear Sirs, Raising Money through Private Placement of Non-Convertible Debentures (NCDs) by NBFCs Please refer to the circulars DNBS(PD)CC.No.330/03.10.001/2012-13 dated June 27, 2013 and the DNBS (PD)CC.No.349/03.10.001/2013-14 dated July 02, 2013 on the subject. 2. In supersession of circulars DNBS(PD)CC.No.330/03.10.001/2012-13 dated June 27, 2013 and the DNBS (PD)CC.No

RBI/2014-15/475 DNBR (PD) CC No.021/03.10.001/2014-15 February 20, 2015 All NBFCs (excluding PDs) Dear Sirs, Raising Money through Private Placement of Non-Convertible Debentures (NCDs) by NBFCs Please refer to the circulars DNBS(PD)CC.No.330/03.10.001/2012-13 dated June 27, 2013 and the DNBS (PD)CC.No.349/03.10.001/2013-14 dated July 02, 2013 on the subject. 2. In supersession of circulars DNBS(PD)CC.No.330/03.10.001/2012-13 dated June 27, 2013 and the DNBS (PD)CC.No

Raising Money through Private Placement of Non-Convertible Debentures (NCDs) by NBFCs

Implementation of Section 51-A of UAPA, 1967- Updates of the UNSCR 1267(1999)/1989(2011) Committee’s Al Qaida Sanctions List

RBI/2014-15/465 DNBR(PD).CC.No.020/03.10.42/2014-15 February 11, 2015 All NBFCs Dear Sirs, Implementation of Section 51-A of UAPA, 1967- Updates of the UNSCR 1267(1999)/1989(2011) Committee’s Al Qaida Sanctions List Please refer to our Circular DNBR(PD).CC.No.014/03.10.42/2014-15 dated January 23, 2015 on the captioned subject releasing 1st update dated January 2, 2015 regarding UNSCR 1267(1999)/1989(2011) Committee’s Al Qaida Sanctions List. 2. Ministry of External A

RBI/2014-15/465 DNBR(PD).CC.No.020/03.10.42/2014-15 February 11, 2015 All NBFCs Dear Sirs, Implementation of Section 51-A of UAPA, 1967- Updates of the UNSCR 1267(1999)/1989(2011) Committee’s Al Qaida Sanctions List Please refer to our Circular DNBR(PD).CC.No.014/03.10.42/2014-15 dated January 23, 2015 on the captioned subject releasing 1st update dated January 2, 2015 regarding UNSCR 1267(1999)/1989(2011) Committee’s Al Qaida Sanctions List. 2. Ministry of External A

Implementation of Section 51-A of UAPA, 1967- Updates of the UNSCR 1267(1999)/1989(2011) Committee’s Al Qaida Sanctions List

Membership of Credit Information Companies (CICs)

RBI/2014-15/458 DNBR(PD).CC.No 019/03.10.01/2014-15 February 6, 2015 All NBFCs Dear Sirs, Membership of Credit Information Companies (CICs) Please refer to circular DNBS(PD).CC. No 200 /03.10.001/2010-11 dated September 17, 2010 and DNBS (PD).CC. No 407/03.10.01/2014-15 dated August 20, 2014 advising all NBFCs to become a member of at least one Credit Information Company (CIC) and provide credit data in the prescribed format to CIC. 2. Presently, four CICs, viz. Credi

RBI/2014-15/458 DNBR(PD).CC.No 019/03.10.01/2014-15 February 6, 2015 All NBFCs Dear Sirs, Membership of Credit Information Companies (CICs) Please refer to circular DNBS(PD).CC. No 200 /03.10.001/2010-11 dated September 17, 2010 and DNBS (PD).CC. No 407/03.10.01/2014-15 dated August 20, 2014 advising all NBFCs to become a member of at least one Credit Information Company (CIC) and provide credit data in the prescribed format to CIC. 2. Presently, four CICs, viz. Credi

Membership of Credit Information Companies (CICs)