RBI Updates: Review of Minimum Investment Grade Credit Ratings for Deposits of NBFCs
It has been decided that the minimum investment grade credit rating for deposits of NBFCs
RBI Updates : Guidelines on Compensation of Key Managerial Personnel (KMP) and Senior Management in NBFCs
The guidelines are intended only for providing broad guidance to NBFCs and their NRCs in
RBI Updates: Modified Interest Subvention Scheme for Short Term Loans for Agriculture and Allied Activities availed through Kisan Credit Card (KCC) during the financial year 2021-22
RBI on 29th April 2022 modified norms for banks to claim the amount of interest
RBI Updates: Credit Card and Debit Card – Issuance and Conduct Directions, 2022
(a) These Directions shall be called the Reserve Bank of India (Credit Card and Debit
RBI Updates: Legal Entity Identifier (LEI) for Borrowers
It has been decided that the guidelines on LEI stand extended to Primary (Urban) Co-operative Banks
RBI Updates: Large Exposures Framework for Non-Banking Financial Company – Upper Layer (NBFC-UL)
The guidelines shall be applicable to NBFC-UL, both at the solo level and at the
RBI Updates: Scale Based Regulation (SBR) for NBFCs: Capital requirements for Non-Banking Finance Companies – Upper Layer (NBFC-UL)
A Revised Regulatory Framework for NBFCs. This is applicable to all NBFCs identified as NBFC-UL,
RBI Updates: Loans and Advances – Regulatory Restrictions – NBFCs RBI/2022-23/29
Guidelines applicable to NBFC – Middle Layer (ML) and NBFC – Upper Layer (UL) –
RBI Updates : Consolidated Circular on Opening of Current Accounts and CC/OD Accounts by Banks
RBI issued a consolidated circular for opening and operation of current accounts and CC/OD accounts
RBI Updates: Disclosures in Financial Statements- Notes to Accounts of NBFCs
This is applicable to all NBFCs. The Annex specifies the applicability of specific disclosure requirements