RBI circular on AIFIs – Provisioning Coverage for Advancesraj kumar makkadEmail thisPrint this
RBI circular on Priority Sector Lending – Loans to Housing Fraj kumar makkadEmail thisPrint this
The RBI annually publishes the applicable guidelines for FFMC in the form of a master circular called the Memorandum of Instruction on Money Changing Activities. What are the Types of Money Changers? The different types of authorized money changers or dealers are the businesses granted Full ...
Don't take our word for it “Excellent advisory role by Enterslice Team. They are a trusted partners to us. Narendra and his team helped us with our pre NBFC applications and Post NBFC advisory services.” Amit Goel “They provided customized and Highly skilled CA &services. The management ...
2. RBI has released draft circular on Credit Card Network Portability. RBI has proposed rules that could possibly restrict card issuers from engaging in exclusive arrangements with card networks like Mastercard, Visa or RuPay. The central bank also proposed that rules would apply to both banks and...
Other than just expressing concerns and sending alert signals, NBFCs may need to do self introspection and course correction, for which they would have expected granular observations, as in the case of gold lending vide circular dated September 30, 2024. It may be the expectation of the ...
Minimum capital adequacy ratio has been kept at 15% for a small finance bank and payment banks. It has been kept at 9% for local area banks and regional rural banks. According to the RBI’s circular, banks must compute dividends on the basis of the “dividend payout ratio”. ...
RBI Circular dated October 19, 2018 on "Basic Cyber Security Framework for Primary (Urban) Cooperative Banks (UCBs)" https://www.rbi.org.in/Scripts/NotificationUser.aspx?Id=11397&Mode=0 RBI recommended a basic cyber security framework to be implemented by all the UCBs (Ref 3): http://...
IRDA: issues Master Circular on Insurance Advertisements. The guidelines have been issued with the intention of protecting the interest of the insuring public, enhance their level of confidence on the nature of sales material used and ultimately encourage fair business practices. They are to be consi...
it has been decided to formulate guidelines on dividend distribution by NBFCs. Different categories of NBFCs would be allowed to declare dividend as per a matrix of parameters, subject to a set of generic conditions. A draft circular in this regard will be issued shortly for public comments...