Regulating Non-Banking

RBI/2014-15/632 DNBR (PD) CC No.040/03.01.001/2014-15 June 03, 2015 To All Non-Banking Financial Companies (NBFCs), Dear Sirs, Master Circular – “Non-Banking Financial Companies – Corporate Governance (Reserve Bank) Directions, 2015” As you are aware, in order to have all current instructions on the subject at one place, the Reserve Bank of India issues updated circulars/notifications. The instructions contained in the Notification No. DNBR. 019/CGM (CDS)-2015 dated A

RBI/2014-15/602 DBR.AML.No.17668/14.06.001/2014-15 May 20, 2015 The Chairpersons/ CEOs of all Scheduled Commercial Banks/ Regional Rural Banks/ Local Area Banks/ All India Financial Institutions/ all NBFCs/ All Primary (Urban) Co-operative Banks /State and Central Co-operative Banks (StCBs / CCBs) /All Payment System Providers/ System Participants and Prepaid Payment Instrument Issuers/ All authorised persons including those who are agents of Money Transfer Service Sc

RBI/2014-2015/588DNBR(PD)CC.No. 02/SCRC/26.03.001/2014-2015 May 07, 2015 The Chairman / Managing Director /Chief Executive OfficerAll Registered Securitisation Companies /Reconstruction Companies Dear Sir, Resolution period for BIFR/CDR/JLF cases Please refer to “The Securitisation Companies and Reconstruction Companies (Reserve Bank) Guidelines and Directions, 2003 dated April 23, 2003 (herein after called “the directions”) and circular DNBS.PD.CC.No. 39/SCRC/26.03.0

RBI/2014-2015/501 DNBR.PD.CC.No.022/03.10.042/2014-15 March 16, 2015 All NBFCs Dear Sir Designated Director- Amendment to section 13(2) of Prevention of Money laundering Act (PMLA) 2002 Please refer to our Circular DNBS (PD).CC.No.378/03.10.42/2013-14 dated May 29, 2014 wherein NBFCs were advised to nominate a Director on their Boards as “Designated Director” to ensure compliance with the obligations under the Prevention of Money Laundering (Amendment) Act, 2012. 2. I

RBI/2014-15/383 DNBR(PD).CC.No.009/03.10.42/2014-15 January 2, 2015 All NBFCs Dear Sirs, Know your Customer (KYC) Norms/Anti-Money Laundering (AML) standards/ Combating of Financing of Terrorism (CFT)/ Obligation of NBFCs under Prevention of Money laundering Act (PMLA), 2002 - Client Due Diligence measures Please refer to our Master Circular DNBS(PD) CC.No.387/03.10.42/ 2014-15 July 1, 2014, as per which NBFCs are required to undertake ‘Client Due Diligence’ and apply

RBI/2014-15/122 DNBS(PD).CC.No 400/03.10.42/2014-15 July 14, 2014 All Non-Banking Financial Companies Dear Sirs, Know Your Customer (KYC) Norms / Anti-Money Laundering (AML) Standards /Combating of Financing of Terrorism (CFT) / Obligation of NBFCs under Prevention of Money Laundering Act (PMLA), 2002 Recognising E-Aadhaar as an 'Officially Valid Document' under PML Rules Please refer to paragraph I (11) of Master Circular DNBS (PD) CC No. 387/03.10.42/ 2014-15 dated

RBI /2014-15/33 DNBS (PD) CC No. 396/03.02.001/2014-15 July 1, 2014 (as amended up to May 25,2015) To All NBFCs Dear Sirs, Master Circular – The Non-Banking Financial Company - Factors (Reserve Bank) Directions, 2012 As you are aware, in order to have all current instructions on the subject at one place, the Reserve Bank of India issues updated circulars / notifications. The instructions contained in the captioned circular updated till the date as indicated above are

RBI/2014-15/36 DNBS (PD) CC No.390/03.10.001/2014-15 July 1, 2014 To All Non-Banking Financial Companies (NBFCs) Dear Sirs, Master Circular –Corporate Governance In order to have all current instructions in one place, the Reserve Bank of India issues updated circulars/notifications on various subjects. It is advised that instructions on the captioned subject as updated till June 30, 2014, have been compiled herein and enclosed for ready reference. The Master Circular

RBI/2014-15/49 DNBS.(PD-MGC).C.C.No.19/23.11.001/2014-15 July 1, 2014 The Chairman / CEOs of All Mortgage Guarantee Companies. Dear Sir, Notification as amended upto June 30, 2014 - "Mortgage Guarantee Companies (Reserve Bank) Guidelines, 2008" As you are aware, in order to have all current instructions on the subject at one place, the Reserve Bank of India issues updated circulars / notifications. The instructions contained in the notification No. DNBS.(MGC)3/CGM.(PK

RBI/2014-15/50 DNBS(PD)CC.No.40/SCRC/26.03.001/2014-2015 July 1, 2014 Notification as Amended upto June 30, 2014 - Change in or Take Over of the Management of the Business of the Borrower by Securitisation Companies and Reconstruction Companies (Reserve Bank) Guidelines, 2010 As you are aware, in order to have all current instructions on the subject at one place, the Reserve Bank of India issues updated circulars / notifications. The instructions contained in the Noti

RBI/2014-15/46 DNBS (PD) CC No.397/03.02.001/2014-15 July 1, 2014 To All Non-Banking Finance Companies (except Primary dealers) Dear Sirs, Master Circular – Requirement for Obtaining Prior Approval of RBI in Cases of Acquisition / Transfer of Control of NBFCs As you are aware, in order to have all current instructions on the subject at one place, the Reserve Bank of India issues updated circulars/notifications. The instructions on the captioned subject as updated on J

RBI/2014-15/42 DNBS (PD) CC No.394/03.02.001/2014-15 July 1, 2014 To All Non-Banking Finance Companies Dear Sirs, Master Circular – Opening of Branch/Subsidiary/Joint Venture/ Representative office or Undertaking Investment Abroad by NBFCs As you are aware, in order to have all current instructions on the subject at one place, the Reserve Bank of India issues updated Circulars/notifications. The instructions on the captioned subject as updated on June 30, 2014 are rep

RBI/2014-15/40 DNBS (PD) CC No.391/03.10.001/2014-15 July 1, 2014 To All Non-Banking Financial Companies (NBFCs) Dear Sirs, Master Circulars - Miscellaneous Instructions to NBFC- ND-SI In order to have all current instructions in one place, the Reserve Bank of India has consolidated all the instructions issued during the year ended June 30, 2014. The circular seeks to consolidate all instructions issued exclusively to NBFC-ND-SI i.e. other than those which have been c

RBI/2014-15/39 DNBS.PD.CC.No.384/03.02.004/2014-15 July 1, 2014 To (i) The Secretary, Ministry of Finance (ii) The Chairman, Securities and Exchange Board of India (iii) President of the Institute of Chartered Accountants of India (iv) President of the Institute of Company Secretaries of India (v) Associations of NBFCs (vi) All Non-Banking Financial Institutions Dear Sirs, Master Circular- Exemptions from the provisions of RBI Act, 1934 As you are aware, in order to h

RBI/2014-15/38 DNBS.PD.CC.No.383 /03.10.042/2014-15 July 1, 2014 To, All NBFCs (Excluding RNBCs) Dear Sirs, Master Circular - Returns to be submitted by NBFCs In order to have all current instructions in one place, the Reserve Bank of India issues updated circulars/notifications to NBFCs on various subjects. It is advised that instructions on various returns to be submitted by NBFCs as updated till June 30, 2014, have been compiled herein and enclosed for ready refere

RBI/2014-15/43 DNBS.(PD) CC.No. 395/03.10.38/2014-15 July 1, 2014 (as amended up to May 25, 2015) To, All NBFCs (excluding RNBCs) Dear Sirs, Master Circular - ‘Non Banking Financial Company-Micro Finance Institutions’ (NBFC-MFIs) - Directions As you are aware, in order to have all current instructions on the subject at one place, the Reserve Bank of India issues updated circulars/notifications. The instructions contained on the captioned subject updated till the date

RBI/2014-15/44 DNBS.PD.CC. No.385/03.10.042/2014-15 July 1, 2014 To All Deposit taking NBFCs (including RNBCs) and NBFCs-ND-SI Dear Sirs, Master Circular – Frauds – Future approach towards monitoring of frauds in NBFCs As you are aware, in order to have all current instructions on the subject at one place, the Reserve Bank of India issues updated circulars/notifications. The instructions issued on the captioned subject as updated on June 30, 2014 are reproduced in the

RBI/2014-15/37 DNBS (PD) CC No.382/ 03.02.001/2014-15 July 1, 2014 To 1. All Non-Banking Financial Companies [Excluding RNBCs] 2. The President, Institute of Chartered Accountants of India Dear Sirs, Master Circular – “Non-Banking Financial Companies Auditor’s Report (Reserve Bank) Directions, 2008.” As you are aware, in order to have all current instructions on the subject at one place, the Reserve Bank of India issues circulars / notifications. The instructions cont

RBI/2014-15/45 DNBS (PD) CC No.386/03.02.001/2014-15 July 1, 2014 To All Miscellaneous Non-Banking Companies Dear Sirs, Notification as amended upto June 30, 2014 – “Miscellaneous Non-Banking Companies (Reserve Bank) Directions, 1977” As you are aware, in order to have all current instructions on the subject at one place, the Reserve Bank of India issues updated Circulars / notifications. The instructions contained in the Notification No.DNBC.39/DG (H)-77 dated 20th J

RBI/2014-15/41 DNBS (PD) CC No.393/03.02.001/2014-15 July 1, 2014 To All Core Investment Companies Dear Sirs, Master Circular– Regulatory Framework for Core Investment Companies (CICs) As you are aware, in order to have all current instructions on the subject at one place, the Reserve Bank of India issues updated circulars / notifications on various subjects. The instructions on the captioned subject as updated till June 30, 2014 are reproduced below. The updated Mast

RBI/2014-15/51 DNBS.(PD-MGC).C.C.No.17/23.11.001/2014-15 July 1, 2014 To, The Chairman / CEOs of All Mortgage Guarantee Companies Dear Sir, Notification as amended upto June 30, 2014 - "Mortgage Guarantee Companies Prudential Norms (Reserve Bank) Directions, 2008" As you are aware, in order to have all current instructions on the subject at one place, the Reserve Bank of India issues updated circulars/notifications. The instructions contained in the notification No.DN

RBI/2014-15/48 DNBS.(PD-MGC).C.C.No.18/23.11.001/2014-15 July 1, 2014 To, The Chairman / CEOs of All Mortgage Guarantee Companies Dear Sir, Notification as Amended upto June 30, 2014 'Mortgage Guarantee Companies Investment (Reserve Bank) Directions, 2008' As you are aware, in order to have all current instructions on the subject at one place, the Reserve Bank of India issues updated circulars / notifications. The instructions contained in the notification No.DNBS(MGC

RBI/2013-14/618 DNBS(PD).CC. No 378 /03.10.42 /2013-14 May 29, 2014 All Non Banking Financial Companies Dear Sirs, Know Your Customer (KYC) Norms / Anti-Money Laundering (AML) Standards /Combating of Financing of Terrorism (CFT) / Obligation of NBFCs under Prevention of Money Laundering Act (PMLA), 2002 - Amendment to Section 13(2) Please refer to paragraph III of Master Circular DNBS (PD).CC.No.339 /03.10.42/ 2013-14 dated July 1, 2013 on Know Your Customer (KYC) Gui

RBI/2013-14/52 DNBS (PD-MGC) C.C.No.16/23.11.001/2013-14 July 1, 2013 The Chairman/CEOs of all Mortgage Guarantee Companies Dear Sir, Notification as amended upto June 30, 2013 – “Mortgage Guarantee Companies Investment (Reserve Bank) Directions, 2008” As you are aware, in order to have all current instructions on the subject at one place, the Reserve Bank of India issues updated circulars / notifications. The instructions contained in the notification No.DNBS (MGC) 5

RBI/2013-14/46 DNBS(PD).CC.No 344./03.02.001/2013-14 July 1, 2013 To, All Non-Banking Financial Companies (NBFCs) Dear Sirs, Master Circulars - Miscellaneous Instructions to All Non-Banking Financial Companies In order to have all current instructions in one place, the Reserve Bank of India has issued master circulars to NBFCs on various subjects. It is advised that Miscellaneous Directions / Instructions issued upto June 30, 2013, which do not find a place in such ma

RBI/2013-2014/55 DNBS (PD) CC.No.33/SCRC/26.03.001/ 2013-2014 July 1, 2013 Master Circular on directions/ instructions issued to the Securitisation Companies/Reconstruction Companies As you are aware, in order to have all current instructions on the subject at one place, the Reserve Bank of India issues updated circulars/ notifications. A gist of circulars issued by the Bank to Securitisation Companies/ Reconstruction Companies updated as on June 30, 2013 is given in

RBI/2013-14/51 DNBS (PD-MGC) C.C. No. 14/23.11.001/2013-14 July 1, 2013 The Chairman/CEOs of all Mortgage Guarantee Companies Dear Sir, Notification as amended upto June 30, 2013 – “Mortgage Guarantee Company (Reserve Bank) Guidelines, 2008” As you are aware, in order to have all current instructions on the subject at one place, the Reserve Bank of India issues updated circulars / notifications. The instructions contained in the notification No.DNBS (MGC) 3/ CGM (PK)

RBI/2013-14/53 DNBS (PD-MGC) C.C. No. 15/23.11.001/2013-14 July 1, 2013 The Chairman/CEOs of all Mortgage Guarantee Companies Dear Sir, Notification as amended upto June 30, 2013 – “Mortgage Guarantee Companies Prudential Norms (Reserve Bank) Directions, 2008” As you are aware, in order to have all current instructions on the subject at one place, the Reserve Bank of India issues updated circulars / notifications. The instructions contained in the notification No.DNBS