Applicability of Concentration of Credit/ Investment Norms- (Reserve Bank of India) (07 Apr 2016)
The Reserve Bank of India exempted systemically important Non-Banking Financial Companies from the concentration of credit, investment norms. The exemption is limited to NBFCs that neither access public funds nor issue guarantees, directly or indirectly.
Relevant : Systemically Important NBFC Prudential Norms Directions, 2015 MANU/RMIC/0215/2015
Tags : SYSTEMICALLY IMPORTANT NBFC INVESTMENT