resolved to simpli.....Tags : nbfc, registration, simplified process, public funds
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RBI cancels registration of four NBFCs(09.03.2016)
The Reserve Bank of India cancelled the certificate of registration of four Non-Banking Financial Companies, prohibiting them from transacting in busi.....
Tags : Nbfc, certificate of registration, cancelled
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Regulatory measures towards consumer credit and bank credit to NBFCs(16.11.2023)
1. Please refer to Governor's Statement dated October 6, 2023 flagging the high growth in certain components of consumer credit and advising banks and.....
Tags : Regulatory measures, Credit, NBFCs
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Reserve Bank of India (Amalgamation of Private Sector Banks) Directions, 2016(21.04.2016)
The Reserve Bank of India notified Master Directions regarding amalgamation of two banking companies or of a banking company and an NBFC. For both, am.....
Tags : amalgamation, private banks, nbfc
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RBI cancels Certificate of Registration of 7 NBFCs(17.08.2015)
The Reserve Bank of India cancelled the certificate of registration of seven non-banking financial companies. The companies are no longer allowed to t.....
Tags : Rbi, nbfcs, certificate, cancellation
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Loans and Advances-Regulatory Restrictions-NBFCs(19.04.2022)
1. In terms of para 3.2.2 (c) and para 3.2.3 (b) & (c) of the circular on Scale Based Regulation (SBR): A Revised Regulatory Framework for NBFCs issue.....
Tags : Guidelines, NBFC
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RBI: SDR Norms Applicable to NBFCs Too(27.05.2016)
Reserve Bank of India (RBI) has said that modifications made to Strategic Debt Restructuring (SDR) mechanism by RBI in February this year will now be .....
Tags : Reserve Bank of India, NBFCs, SDR
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RBI Caps Banks' Exposure to Single NBFC at 20% of Capital Base(13.09.2019)
Reserve Bank of India (RBI) has observed that it has decided that a bank’s exposure to a single NBFC (excluding gold loan companies) will be restricte.....
Tags : RBI, NBFC
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Kerala HC: Company Entitled to Acquire Properties Dehors Cancellation of Its Registration As NBFC(26.10.2021)
Kerala High Court has ruled that even when an entity is stripped of its Non-Banking Financial Company (NBFC) license, it continues to operate as a com.....
Tags : Kerala High Court, Registration As NBFC
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SC: Can’t Claim Refund of Interest Amount if Loan Amount Paid With Decided Rate of Interest(05.03.2024)
Supreme Court has held that if a person has executed an agreement and repaid the loan amount obtained with the interest as per the terms of the agreem.....
Tags : Supreme Court, Payment of Loan, NBFC, Rate of Interest
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RBI Asks for Report on NBFCs in State(21.09.2015)
As chit fund firms and Non-banking Financial Companies (NBFCs) have posed a threat to financial system, Shadow Banking Implementation Group (SBIG) of .....
Tags : RBI, NBFCs
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Priority Sector Lending - On-lending by Small Finance Banks to NBFC-MFIs(05.05.2021)
As per extant guidelines, lending by Small Finance Banks (SFBs) to Micro-Finance Institutions (MFIs) for on-lending is not reckoned for priority secto.....
Tags : Priority Sector, Lending, NBFC-MFIs
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Delhi HC Seeks Response on Plea Against Rules Allowing NBFCs Resolution Under IBC(04.02.2021)
Delhi High Court has sought responses of the Centre, the Reserve Bank of India and Dewan Housing Finance Corporation Ltd (DHFL) on a writ petition cha.....
Tags : Delhi High Court, NBFC Resolutions Under IBC
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Infrastructure Projects: RBI Relaxes Refinancing Norms for NBFCs(03.06.2016)
RBI in order to encourage infrastructure financing has eased norms for NBFCs to refinance such projects and provide longer repayment tenures.
Tags : RBI, Infrastructure, NBFCs
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Action against statutory auditors of NBFC under Section 45MAA of RBI Act, 1934(12.10.2021)
The Reserve Bank of India (RBI) in exercise of the powers vested under section 45MAA of the Reserve Bank of India Act, 1934, has, by an order dated Se.....
Tags : Statutory auditors, NBFC
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