guidelines provide an approach to cyber security for NBFCs to encompass information security, cyber security, operations and regular system audits to enhance the ability of NBFCs to combat evolving cyber threats. NBFCs must strengthen their security protocols, putting the protection of their clients ...
Dinesh Unnikrishnan
Alternative Sources of Finance for Infrastructure in India In March 2015, RBI revised guidelines to allow IDF-NBFCs to invest in PPP/non-PPP projects. Currently, the four IDFNBFCs have outstanding loans of ... D Vasani - Infrastructure Round Table 被引量: 0发表: 2019年 ...
“From all registered or licensed lenders with the RBI, the banks and the NBFCs, we have collected the list of apps and have given it to the government, the Ministry of Information and Technology, which has uploaded it on their website. […] Now, it’s a long list. The responsibility...
4. RBI is likely to engage external auditors to audit 9,500 non-banking finance companies (NBFCs). The external auditors are likely to check whether NBFC’s registered office is at the place mentioned in their application for registration. ...
10. The prompt corrective action (PCA) framework has been extended by RBI to government NBFCs. Govt NBFCs except those in the base layer will be subject to the PCA framework with effect from October 1, 2024. The extension of the PCA framework for NBFCs to government NBFCs (except those...
(ii) In case the net owned funds of an NBFC, an HFC or an SPD as per the latest audited balance sheet fall below the aforesaid threshold subsequent to the receipt of approval for acting as a market-maker, it shall cease to act as a market-maker. The NBFC, HFC or SPD shall continue...
“While these have fostered competition and collaboration, they also have implications for consumer trust and regulatory oversight. Such structural changes also create opportunities as well as challenges. Financial institutions like banks, NBFCs and others need to carefully assess the impact of these...
it has now been decided to put in place a PCA Framework for NBFCs to further strengthen the supervisory tools applicable to NBFCs. The PCA Framework for NBFCs, as contained in the enclosed Annex, comes into effect from October 1, 2022, based on the financial ...
Lending by Banks to NBFCs for On-lending to Priority Sectors: Recent RBI Guidelines and Way ForwardManickaraj, M.James, ElizabethVinimaya