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Applicability of Concentration of Credit/ Investment Norms- (Reserve Bank of India) (07 Apr 2016)

MANU/RMIC/0056/2016

Banking

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

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