Notifications - Regulating Non-Banking - RBI - Reserve Bank of India
Notifications
Aug 12, 2014
Interest Rate Futures - NBFCs
RBI/2014-15/173 DNBS.CC.PD.No.406/03.10.01/2014-15 August 12, 2014 To All Non-Deposit Accepting Non-Banking Financial Companies with asset size of `.1000 crore and above Dear Sirs, Interest Rate Futures - NBFCs Please refer to Circular DNBS.PD.CC.No.161/3.10.01/ 2009-10 dated September 18, 2009 permitting NBFCs to participate in the designated interest rate futures exchanges recognized by SEBI, as clients, subject to RBI / SEBI guidelines in the matter, for the purpos
RBI/2014-15/173 DNBS.CC.PD.No.406/03.10.01/2014-15 August 12, 2014 To All Non-Deposit Accepting Non-Banking Financial Companies with asset size of `.1000 crore and above Dear Sirs, Interest Rate Futures - NBFCs Please refer to Circular DNBS.PD.CC.No.161/3.10.01/ 2009-10 dated September 18, 2009 permitting NBFCs to participate in the designated interest rate futures exchanges recognized by SEBI, as clients, subject to RBI / SEBI guidelines in the matter, for the purpos
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Aug 08, 2014
Modification of Guidelines on Mortgage Guarantee Companies (MGCs)
RBI/2014-15/170 DNBS (PD) CC. No.20/MGC/03.011.001/2014-15 August 08, 2014 All registered Mortgage Guarantee Companies Dear Sir, Modification of Guidelines on Mortgage Guarantee Companies (MGCs) Please refer to the “Guidelines on Registration and Operations of Mortgage Guarantee Companies under Section 45L(1)(b) of the Reserve Bank of India Act, 1934” (herein after called Guidelines) issued vide notifications no. DNBS (PD) MGC No. 3, 4 and 5/CGM (PK)-2008 dated Februa
RBI/2014-15/170 DNBS (PD) CC. No.20/MGC/03.011.001/2014-15 August 08, 2014 All registered Mortgage Guarantee Companies Dear Sir, Modification of Guidelines on Mortgage Guarantee Companies (MGCs) Please refer to the “Guidelines on Registration and Operations of Mortgage Guarantee Companies under Section 45L(1)(b) of the Reserve Bank of India Act, 1934” (herein after called Guidelines) issued vide notifications no. DNBS (PD) MGC No. 3, 4 and 5/CGM (PK)-2008 dated Februa
Aug 07, 2014
Certain amendments in Regulatory framework for SCs/RCs - Clarifications
RBI/2014-2015/169 DNBS (PD) CC. No. 42/SCRC/26.03.001/2014-2015 August 07, 2014 The Chairman/Managing Director/Chief Executive Officer All registered Securitisation Companies (SCs)/Reconstruction Companies (RCs) Dear Sir, Certain amendments in Regulatory framework for SCs/RCs – Clarifications Please refer to our circular DNBS (PD) CC No.41/ SCRC / 26.03.001/ 2014-2015 dated August 5, 2014. 2. We have received a number of queries in the matter from the industry and in
RBI/2014-2015/169 DNBS (PD) CC. No. 42/SCRC/26.03.001/2014-2015 August 07, 2014 The Chairman/Managing Director/Chief Executive Officer All registered Securitisation Companies (SCs)/Reconstruction Companies (RCs) Dear Sir, Certain amendments in Regulatory framework for SCs/RCs – Clarifications Please refer to our circular DNBS (PD) CC No.41/ SCRC / 26.03.001/ 2014-2015 dated August 5, 2014. 2. We have received a number of queries in the matter from the industry and in
Aug 05, 2014
Regulatory framework for SCs/RCs - Certain amendments
RBI/2014-2015/164 DNBS (PD) CC. No.41/SCRC/26.03.001/2014-2015 August 05 , 2014 The Chairman/ Managing Director/ Chief Executive Officer All registered Securitisation Companies (SCs)/ Reconstruction Companies (RCs) Dear Sir, Regulatory framework for SCs/RCs – Certain amendments Please refer to “The Securitisation Companies and Reconstruction Companies (Reserve Bank) Guidelines and Directions, 2003” dated April 23, 2003 (herein after called Directions). 2. In order to
RBI/2014-2015/164 DNBS (PD) CC. No.41/SCRC/26.03.001/2014-2015 August 05 , 2014 The Chairman/ Managing Director/ Chief Executive Officer All registered Securitisation Companies (SCs)/ Reconstruction Companies (RCs) Dear Sir, Regulatory framework for SCs/RCs – Certain amendments Please refer to “The Securitisation Companies and Reconstruction Companies (Reserve Bank) Guidelines and Directions, 2003” dated April 23, 2003 (herein after called Directions). 2. In order to
Aug 01, 2014
Constitution of Special Investigating Team - sharing of information
RBI/2014-15/158 DNBS(PD).CC.No 404/03.10.42/2014-15 August 1, 2014 All Non-Banking Financial Companies Dear Sirs, Constitution of Special Investigating Team – sharing of information In pursuance of the Hon’ble Supreme Court Judgment dated July 4, 2011, Government of India has constituted a Special Investigation Team (SIT) under the Chairmanship of Hon’ble Justice M.B. Shah. In this regard, the Hon’ble Supreme Court had directed that: “All organs agencies, departments
RBI/2014-15/158 DNBS(PD).CC.No 404/03.10.42/2014-15 August 1, 2014 All Non-Banking Financial Companies Dear Sirs, Constitution of Special Investigating Team – sharing of information In pursuance of the Hon’ble Supreme Court Judgment dated July 4, 2011, Government of India has constituted a Special Investigation Team (SIT) under the Chairmanship of Hon’ble Justice M.B. Shah. In this regard, the Hon’ble Supreme Court had directed that: “All organs agencies, departments
Aug 01, 2014
Anti-Money Laundering (AML)/Combating of Financing of Terrorism (CFT) - Standards
RBI/2014-15/157 DNBS(PD).CC.No.403 /03.10.42 /2014-15 August 1, 2014 All Non Banking Financial Companies excluding Residuary Non Banking Companies Dear Sirs, Anti-Money Laundering (AML)/Combating of Financing of Terrorism (CFT) - Standards Please refer to DNBS (PD).CC.No.370/03.10.42/ 2013-14 dated March 19, 2014 on risks arising from the deficiencies in AML/CFT regime of certain jurisdictions. 2. Financial Action Task Force (FATF) has updated its statement on June 27
RBI/2014-15/157 DNBS(PD).CC.No.403 /03.10.42 /2014-15 August 1, 2014 All Non Banking Financial Companies excluding Residuary Non Banking Companies Dear Sirs, Anti-Money Laundering (AML)/Combating of Financing of Terrorism (CFT) - Standards Please refer to DNBS (PD).CC.No.370/03.10.42/ 2013-14 dated March 19, 2014 on risks arising from the deficiencies in AML/CFT regime of certain jurisdictions. 2. Financial Action Task Force (FATF) has updated its statement on June 27
Aug 01, 2014
Know Your Customer (KYC) norms/Anti-Money Laundering (AML) standards/Combating of Financing of Terrorism (CFT) - Unique Customer Identification Code for NBFC Customers in India (UCIC)
RBI/2014-15/156 DNBS(PD).CC.No.402/03.10.42/2014-15 August 1, 2014 Non-Deposit taking NBFCs with assets of Rs 25 cr and above/ All Deposit taking NBFCs Dear Sirs, Know Your Customer (KYC) norms/Anti-Money Laundering (AML) standards/Combating of Financing of Terrorism (CFT) - Unique Customer Identification Code for NBFC Customers in India (UCIC) Please refer to our circular DNBS.(PD).CC.No.325/03.10.42/2012-13 dated May 3, 2013 on the captioned subject, advising NBFCs
RBI/2014-15/156 DNBS(PD).CC.No.402/03.10.42/2014-15 August 1, 2014 Non-Deposit taking NBFCs with assets of Rs 25 cr and above/ All Deposit taking NBFCs Dear Sirs, Know Your Customer (KYC) norms/Anti-Money Laundering (AML) standards/Combating of Financing of Terrorism (CFT) - Unique Customer Identification Code for NBFC Customers in India (UCIC) Please refer to our circular DNBS.(PD).CC.No.325/03.10.42/2012-13 dated May 3, 2013 on the captioned subject, advising NBFCs
Jul 25, 2014
Inter-Governmental Agreement (IGA) with United States of America (US) under Foreign Accounts Tax Compliance Act (FATCA)- Registration
RBI/2014-15/146 DNBS (PD).CC.No 401/03.10.42/2014-15 July 25, 2014 All Non Banking Financial Companies Dear Sirs, Inter-Governmental Agreement (IGA) with United States of America (US) under Foreign Accounts Tax Compliance Act (FATCA)- Registration Government of India (GoI), has advised that India and US have reached an agreement in substance on the terms of an Inter-Governmental Agreement (IGA) to implement FATCA and India is now treated as having an IGA in effect fro
RBI/2014-15/146 DNBS (PD).CC.No 401/03.10.42/2014-15 July 25, 2014 All Non Banking Financial Companies Dear Sirs, Inter-Governmental Agreement (IGA) with United States of America (US) under Foreign Accounts Tax Compliance Act (FATCA)- Registration Government of India (GoI), has advised that India and US have reached an agreement in substance on the terms of an Inter-Governmental Agreement (IGA) to implement FATCA and India is now treated as having an IGA in effect fro
Jul 14, 2014
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
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/2014-15/122 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
Jul 14, 2014
Levy of foreclosure charges/pre-payment penalty on Floating Rate Loans
RBI/2014-15/121 DNBS(PD).CC.No.399/03.10.42/2014-15 July 14, 2014 All Non Banking Financial Companies / Residuary Non Banking Companies Dear Sirs, Levy of foreclosure charges/pre-payment penalty on Floating Rate Loans Please refer to paragraph (iii) of Guidelines on Fair Practices Code for NBFCs issued vide Circular DNBS(PD) CC No. 80/03.10.042/2005-06 dated September 28, 2006 and paragraph 2(A) (iii) of Master Circular DNBS(PD).CC.No.388 /03.10.042/2014-15 dated July
RBI/2014-15/121 DNBS(PD).CC.No.399/03.10.42/2014-15 July 14, 2014 All Non Banking Financial Companies / Residuary Non Banking Companies Dear Sirs, Levy of foreclosure charges/pre-payment penalty on Floating Rate Loans Please refer to paragraph (iii) of Guidelines on Fair Practices Code for NBFCs issued vide Circular DNBS(PD) CC No. 80/03.10.042/2005-06 dated September 28, 2006 and paragraph 2(A) (iii) of Master Circular DNBS(PD).CC.No.388 /03.10.042/2014-15 dated July
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Page Last Updated on: August 23, 2024
