RESERVE BANK OF INDIADEPARTMENT OF NON-BANKING SUPERVISIONCENTRAL OFFICECENTRE I, WORLD TRADE CENTRE,CUFFE PARADE, COLABA,MUMBAI 400 005.NOTIFICATION No. DNBS.134/CGM(VSNM)-2000 dated January 13, 2000The Reserve Bank of India, having considered it necessary in the public interest and being satisfied that for the purpose of enabling the Bank to regulate the credit system to the advantage of the country, it is necessary to amend the Non-Banking Financial Companies Accep

ATTENTION NBFCs1)The NBFCs having net owned fund below Rs.25 lakh are not allowed to accept public deposits2)The statutory return on liquid assets on quarterly basis must be submitted to the RBI whether NBFCs hold public deposits or not; and3)Non-submission of this return is violation of law attracting penaltiesPlease note the following: RBI has mailed to all NBFCs the blank forms of statutory returns on liquid assets to be maintained on public deposits and format for