RBI circular on Priority Sector Lending – Loans to Housing Fraj kumar makkadEmail thisPrint this
RBI circular on Capital Adequacy – Risk weightage on Lendingraj kumar makkadEmail thisPrint this
On October 22, 2021, the RBI introduced the Scale-Based Regulation (SBR) framework for NBFCs through the circular titled “A Revised Regulatory Framework for NBFCs” (‘SBR Circular’)[1]. This framework applied to all NBFCs, including Core Investment Companies (CICs) and Housing Finance Comp...
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 ...
and bears the date and time stamp. Last year, the government had notified amendment to the Prevention of Money-laundering (Maintenance of Records) Rules, 2005. As per the circular, the reporting entity should capture a clear image of PAN card to be displayed by the customer during the ...
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...
insofartheyrelatetoprovidingbankfinancetothehousingsector.TheMasterCircularhasalsobeenplacedontheRBIweb-site(http://.rbi.in).Yoursfaithfully,(P.VijayaBhaskar)ChiefGeneralManagerEncls:Asabove3MasterCircularHousingFinanceCONTENTS1.Introduction32.DirectHousingFinance33.IndirectHousingFinance44.HousingLoansUnderPriority...
The coin will be in the denomination of ₹100. It will be circular, with a diameter of 44 millimetres and 200 serrations. Its weight will be 35-gram. Coin’s metal composition will be a quaternary alloy, with silver having a share of 50%, copper 40%, nickel 5%, and zinc 5%. ...
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...
Home buyers will now know if the land on which their building stands is free of outside claims after a recent RBI circular mandating builders mortgaging the land to raise money to disclose it in all advertisements and brochures. RBI has asked lenders to ensure that all publicity material relat...