RBI/2011-12/460 DNBS (PD).CC. No 262 /03.10.42 /2011-12 March 20, 2012 All Non Banking Financial Companies / Residuary Non Banking Companies Dear Sir, Implementation of Section 51-A of UAPA, 1967-Updates of the UNSCR 1988 (2011) Sanctions List Please refer to DNBS (PD).CC. No 260/03.10.42 /2011-12 dated March 15, 2012. The Chairman of UN Security Council's 1988 Committee has issued notes dated July 5, 2011, July 18, 2011, July 29, 2011, August 16, 2011, October 4, 201

RBI/2011-12/459 DNBS (PD).CC. No 261 /03.10.42 /2011-12 March@@NBSP@@ 20, 2012 All Non Banking Financial Companies / Residuary Non Banking Companies Dear Sir, Implementation of Section 51-A of UAPA, 1967 -Updates of the UNSCR 1267 (1999) and 1989 (2011) Committee's Al Qaida Sanctions List Please refer to DNBS(PD).CC. No 260/03.10.42/2011-12 dated March 15, 2012. The Chairman of UN Security Council's 1267/ 1989 Committee has issued notes on October 5, 2011, October 17,

RBI/2011-12/463 DNBS.PD/ CC.No.263 / 03.10.038 /2011-12 March 20, 2012 All NBFCs (excluding RNBCs) Dear Sir, 'Non Banking Financial Company-Micro Finance Institutions' (NBFC-MFIs) - Provisioning Norms- Extension of time A new category of NBFCs namely 'Non Banking Financial Company-Micro Finance Institutions' (NBFC-MFIs) was introduced vide DNBS.CC.PD.No.250/03.10.01/2011-12 dated December 02, 2011, which also contained guidelines on asset classification and provisioni

RBI/2011-12/447 DNBS(PD).CC. No 260 /03.10.42 /2011-12 March 15, 2012 All Non Banking Financial Companies / Residuary Non Banking Companies Dear Sir, Implementation of Section 51-A of UAPA, 1967- Splitting of UNSC 1267 Committee's list of individuals and entities linked to Al-Qaida and Taliban Please refer to the UN Security Council's 1267 Committee’s Consolidated List of individuals and entities linked to Al-Qaida and Taliban who are subject to the assets freeze, tra

RBI/2011-12/446 DNBS (PD)CC.No.259 /03.02.59/2011-12 March 15, 2012 All Non Banking Financial Companies (excluding Residuary Non Banking Companies) Dear Sir, Non- Reckoning Fixed Deposits with Banks as Financial Assets In terms of Section 45IA (1) of the RBI Act 1934, no non-banking financial company shall commence business or carry on the business of a non-banking financial institution without (a) obtaining a certificate of registration (CoR) from the Reserve Bank an

RBI/2011-12/442 DNBS(PD).CC. No 258/03.10.42/2011-12 March 14 , 2012 All Non Banking Financial Companies / Residuary Non Banking Companies Dear Sir, Implementation of UNSCR 1929 (2010) on Non-proliferation –Government of India Order of November 04, 2011 Please find enclosed a copy of Ministry of External Affairs Order dated November 4, 2011 published in the Gazette of India on implementation of United Nations Security Council Resolution 1929 (2010). 2. Utmost care sho

RBI/2011-12/443 DNBS(PD).CC. No 257/03.10.42 /2011-12 March 14, 2012 All Non Banking Financial Companies / Residuary Non Banking Companies Dear Sir, Anti-Money Laundering (AML)/Combating of Financing of Terrorism (CFT) - Standards Please refer to DNBS(PD).CC.No.242/03.10.42/ 2011-12 and DNBS (PD).CC.No.244 /03.10.42/2011-12 dated September 15, 2011 and September 22, 2011 respectively on risks arising from the deficiencies in AML/CFT regime of certain jurisdictions. 2.

RBI/2011-12/424 DNBS.PD.CC. No. 256 /03.10.042 / 2011-12 March 02, 2012 All Non-Deposit taking NBFCs with asset size of Rs.100 crore and above and Deposit taking NBFCs Dear Sirs, Monitoring of frauds A reference is invited to DNBS(PD)CC.No.59/03.10.42/2005-06 dated October 26, 2005 which contained guidelines on classification of frauds, approach towards monitoring of and reporting system for frauds for deposit taking NBFCs. 2. It has now been decided to extend the sam

RBI/2011-12/333 DNBS.CC.PD.No.254/03.10.01/2011-12 December 30, 2011 To All NBFCs (excluding RNBCs) Dear Sir, Revised Capital Adequacy Framework for Off-Balance Sheet Items for NBFCs-Clarification Please refer to the Company Circular No.252 and Notifications No.237 and 238 all dated December 26, 2011 on the captioned subject. 2.@@NBSP@@ In this connection, it is clarified that the Paragraph E in both the above Notifications (No.237 and 238) may be replaced with the fo

RBI/2011-12/332 DNBS.CC.PD.No.255/03.10.01/2011-12 December 30, 2011 To All NBFCs (Including RNBCs) Dear Sir, Issuance of Non-Convertible Debentures (NCDs) It has come to the notice of the Reserve Bank that some NBFCs have raised funds under private placement by issuing NCDs@@NBSP@@ of maturity less than 90 days. This is in clear violation of Issuance of Non-Convertible Debentures (Reserve Bank) Directions, 2010@@NBSP@@ dated June 23, 2010 issued by Internal Debt Mana