RBI/2013-14/219 DNBS (PD). CC.No. 355/03.02.02/2013-14 September 3, 2013 To CEOs of All NBFCs (excluding RNBCs) Dear Sir/Madam, Returns to be submitted by NBFCs- Introduction of ‘Branch info’ return Please refer to the DNBS (PD).CC.No.243/03.02.02/2011-12 dated September 22, 2011 on submission of returns by NBFCs. In terms of the extant instructions NBFCs are required to file various periodical returns. However, no information/data relating to branch network of NBFCs

RBI/2013-14/172 DNBS.PD.CC.No. 354/03.10.001/2013-14 August 02, 2013 All NBFCs Dear Sir / Madam, Financing of Infrastructure - Definition of 'Infrastructure Lending' Government of India, vide its Gazette Notifications dated April 5, 2013 and May 9, 2013, has updated the Harmonised Master List of Infrastructure sub-sectors and added the following new sub-sectors to the Notification dated March 27, 2012: Capital Dredging, under the sub-sector ‘Ports’. Slurry Pipelines T

RBI/2013-14/163 DNBS (PD) CC No. 353/ 03.10.042/2013-14 July 26, 2013 To All Non-Banking Financial Companies (NBFCs) and Residuary Non-Banking Companies (RNBCs) Dear Sirs, Unsolicited Commercial Communication- National Do Not Call Registry Please refer to circular No DNBS.PD/CC.No. 109/03.10.001/2007-08 dated November 26, 2007 on the above subject in terms of which NBFCs were advised to employ only those DMAs/ DSAs / call centers who are registered as telemarketers wi

RBI/2013-14/155 DNBS(PD).CC. No 352/03.10.42/2013-14 July 23, 2013 All Non Banking Financial Companies excluding Residuary Non Banking Companies Dear Sir/Madam, Anti-Money Laundering (AML)/Combating of Financing of Terrorism (CFT) - Standards Please refer to DNBS (PD).CC.No.323/03.10.42/ 2012-13 dated April 18, 2013 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

RBI/2013-14/122 DNBS(PD).CC.No.351/03.10.42/2013-14 July 4, 2013 All NBFCs-Deposit taking@@NBSP@@ Companies/ NBFC-ND-SI with assets of Rs 25 cr and above Dear Sir/Madam, Know Your Customer (KYC) norms/Anti-Money Laundering (AML) standards/Combating of Financing of Terrorism (CFT) - Unique Customer Identification Code for Banks 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, advisin

RBI/2013-14/121 DNBS.PD/CC.No.350/03.02.001/2013-14 July 04, 2013 All NBFCs Dear Sirs, Payment of interest on overdue public deposits Kindly refer to clause (10) of paragraph 4 of Non-Banking Financial Companies Acceptance of Public Deposits (Reserve Bank) Directions, 2007. NBFCs are at times required to freeze the term deposits of customer based on the orders of the enforcement authorities or the deposit receipts are seized by the enforcement authorities.@@NBSP@@ As

RBI/2013-14/115 DNBS(PD) CC No.349/03.10.001/2013-14 July 02, 2013 All NBFCs (including PDs) Dear Sirs Raising Money through Private Placement by NBFCs-Non-Convertible Debentures (NCDs) -Clarification Please refer to our circular DNBS (PD) CC No.330/03.10.001/2012-13 dated June 27, 2013. 2. We have received a number of queries in the matter from the industry. The main refrain of the sector is that the withdrawal of the current facility of issuing NCDs without any rest

RBI/2012-13/532 DNBS (PD) CC.No.329 /03.10.42/2012-13 June 13, 2013 All NBFCs Dear Sir/Madam, RBI’s Fraud Monitoring Cell to function from Bengaluru from July 01, 2013 Attention is invited to para 3 of Master Circular DNBS.(PD)CC.No.283/03.10.042/2012-13@@NBSP@@ dated July 2, 2012 on Reporting of Frauds to RBI. 2. The Reserve Bank of India’s Fraud Monitoring Cell attached to Department of Banking Supervision (DBS), Central Office has shifted from the present location

RBI/2012-13/526 DNBS.PD/CC.No. 328/03.02.002/2012-13 June 11, 2013 All NBFCs Dear Sir, NBFCs not to be Partners in Partnership Firms- Clarifications NBFCs were advised vide CC No. 214/03.02.002/2010-11 dated March 30, 2011 that they are prohibited from contributing capital to any partnership firm or to be partners in partnership firms. In cases of existing partnerships, NBFCs were advised to seek early retirement from the partnership firms. 2. In this connection certa

RBI/2012-13/517 DNBS (PD) CC.No.327/03.10.038/2012-13 May 31, 2013 All NBFCs Dear Sir, ‘Non Banking Financial Company-Micro Finance Institutions’ (NBFC-MFIs) – Directions – Modifications in Pricing of Credit - Margin cap Attention is invited to para 6 of DNBS.(PD)CC.No.300/03.10.38/2011-12 dated August 3, 2012 modifying inter alia the pricing of credit as given in DNBS.CC.PD.No.250/03.10.01/2011-12 dated December 2, 2011.@@NBSP@@ On a review, it has been decided that