Supreme Court: Failure to Recover Murder Weapon is Not Fatal if Other Evidence is Credible || SC: Failure to Pay Balance Within 15 Days Voids Auction under Maharashtra Co-Operative Rules || Bombay High Court: State Cannot Deny Maternity Benefits As More Women Join Workforce || Bombay High Court: Lack of Medical Opinion on Sexual Assault Not Fatal under POCSO Act || Bombay High Court: Presence of Cross or Jesus Statue Doesn't Make One Christian || Allahabad High Court: Re-Recording a Victim’s Statement is Allowed Only in Exceptional Cases || Calcutta HC: Discriminatory Excise Rule Modified To Ensure Equality || SC: Supreme Court Orders Expansion And Reform Of Open Prisons || SC: Parallel Insolvency Proceedings Allowed Against Debtor And Guarantor || SC: Clear Deed Terms Cannot Be Altered Later

Loans and Advances-Regulatory Restrictions-NBFCs- (Reserve Bank of India) (19 Apr 2022)

MANU/RMIC/0073/2022

Banking

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 issued on October 22, 2021, certain regulatory restrictions on lending were introduced in respect of NBFCs placed in different layers. Detailed guidelines have been issued in this respect.

2. These guidelines shall be effective from October 01, 2022.

Tags : GUIDELINES NBFC

Share :