Kerala HC: Can’t Condone Delay in Approaching Revision Authority Under Income Tax Act  ||  Karnataka HC: Scope of Judicial Review in Contractual Matters is Extremely Limited  ||  Bom. HC: Release of Film ‘Hamare Baarah’ Permitted After Agreement on Deletion of Certain Portions  ||  All. HC: Without Magistrate’s Permission, Investigation into Non-Cognizable Offence Illegal  ||  Himachal Pradesh High Court: Timeline Cannot be Imposed on Speakers to Decide Resignations of MLAs  ||  Ker. HC: In Quashing Proc. Courts to Look at All Circumstances to See if Case Initiated With Malice  ||  Kar. HC: Women Epicentres of Family Life, Deserve Preferential Treatment in Matters Relating to Bail  ||  Ker. HC: Order Holding Malabar Parota Similar to Bread and Exigible at 5% GST, Stayed  ||  Special Lok Adalat to be Organized by the Supreme Court from July 29  ||  Cal. HC: Bengal Govt. to Ensure Reservation in all Public Employment to Transgender Persons    

Search Results for Tag : NBFC

News

Delhi HC Seeks Response on Plea Against Rules Allowing NBFCs Resolution Under IBC(04.02.2021)

Delhi High Court has sought responses of the Centre, the Reserve Bank of India and Dewan Housing Finance Corporation Ltd (DHFL) on a writ petition cha.....

Tags : Delhi High Court, NBFC Resolutions Under IBC



RBI Asks for Report on NBFCs in State(21.09.2015)

As chit fund firms and Non-banking Financial Companies (NBFCs) have posed a threat to financial system, Shadow Banking Implementation Group (SBIG) of .....

Tags : RBI, NBFCs



RBI Strikes Down Registration Certificate of Seven NBFCs(18.08.2015)

Reserve Bank of India (RBI) has cancelled certificate of registration of seven Non-Banking Financial Companies (NBFCs) including that of Religare Fina.....

Tags : Reserve Bank of India,NBFCs



RBI Revises Norms for NBFC Factor Firms(19.02.2016)

Reserve Bank of India (RBI) has came out with clarifications for NBFC factor companies to remove any possible regulatory arbitrage with banks that pro.....

Tags : Reserve Bank of India , NBFC factor companies



RBI Caps Banks' Exposure to Single NBFC at 20% of Capital Base(13.09.2019)

Reserve Bank of India (RBI) has observed that it has decided that a bank’s exposure to a single NBFC (excluding gold loan companies) will be restricte.....

Tags : RBI, NBFC



Kerala HC: Company Entitled to Acquire Properties Dehors Cancellation of Its Registration As NBFC(26.10.2021)

Kerala High Court has ruled that even when an entity is stripped of its Non-Banking Financial Company (NBFC) license, it continues to operate as a com.....

Tags : Kerala High Court, Registration As NBFC



RBI: SDR Norms Applicable to NBFCs Too(27.05.2016)

Reserve Bank of India (RBI) has said that modifications made to Strategic Debt Restructuring (SDR) mechanism by RBI in February this year will now be .....

Tags : Reserve Bank of India, NBFCs, SDR



Infrastructure Projects: RBI Relaxes Refinancing Norms for NBFCs(03.06.2016)

RBI in order to encourage infrastructure financing has eased norms for NBFCs to refinance such projects and provide longer repayment tenures.

Tags : RBI, Infrastructure, NBFCs



Supreme Court: Payment of Loan Amount to NBFC Along With Decided Rate of Interest Non-Refundable(05.03.2024)

Supreme Court has held that if a person has executed an agreement and repaid the loan amount obtained with the interest as per the terms of the agreem.....

Tags : Supreme Court, Payment of Loan, NBFC, Rate of Interest



SC: Can’t Claim Refund of Interest Amount if Loan Amount Paid With Decided Rate of Interest(05.03.2024)

Supreme Court has held that if a person has executed an agreement and repaid the loan amount obtained with the interest as per the terms of the agreem.....

Tags : Supreme Court, Payment of Loan, NBFC, Rate of Interest



NCLT, Jaipur: Personal Guarantors of NBFC/FSC Cannot be Proceeded Against Unless Threshold Satisfied(28.02.2022)

National Company Law Tribunal, Jaipur has held that Personal Guarantors of Non-Banking Finance Company/ Financial Services Provider cannot be proceede.....

Tags : National Company Law Tribunal, Personal Guarantors of NBFC/FSC



MP HC: ?20 Lakh Minimum Threshold for Loan Recovery by NBFCs Not Applicable on HFCs(23.05.2024)

MP HC has held that Housing Finance Companies (HFCs) can invoke the SARFAESI Act, 2002 even when the loan amount is less than ?20 Lakhs and the minimu.....

Tags : MP High Court, SARFAESI Act, 2002, Housing Finance Companies, NBFC



Top Story

RBI issues draft circular on Liquidity Risk Management Framework for Non-Banking Financial Companies(24.05.2019)

Reserve Bank has issued a draft circular on the “Liquidity Risk Management Framework for Non-Banking Financial Companies (NBFCs) and Core Investment C.....

Tags : NBFCs, Circular, Guidelines



RBI announces scale-based regulatory framework for non-banking finance companies(22.10.2021)

RBI announces scale-based regulatory framework for Non-Banking Finance companies (NBFCs). The contribution of NBFCs towards supporting economic activi.....

Tags : Regulatory framework, NBFCs



Reserve Bank of India prescribes guidelines on distribution of dividend by NBFCs(24.06.2021)

In order to enhance more transparency and uniformity, RBI prescribes guidelines on distribution of dividend by Non-Banking Financial Company (NBFCs). .....

Tags : Dividend, NBFCs, Guidelines



Notifications & Circulars

Risk Management System - Appointment of Chief Risk Officer (CRO) for NBFCs(16.05.2019)

With the increasing role of NBFCs in direct credit intermediation, there is a need for NBFCs to augment risk management practices. While Boards of NBF.....

Tags : Appointment, CRO, NBFCs



Special liquidity scheme for NBFCs/HFCs(01.07.2020)

1. The Government of India has approved a scheme to improve the liquidity position of NBFCs/HFCs through a Special Purpose Vehicle (SPV) to avoid any .....

Tags : Special liquidity, Scheme, NBFCs/HFCs



Co-Lending by Banks and NBFCs to Priority Sector(05.11.2020)

1. Please refer to the circular FIDD.CO.Plan.BC.08/04.09.01/2018-19 dated September 21, 2018 on co-origination of loans by banks and NBFCs for lending.....

Tags : Co-Lending, Banks and NBFCs, Priority Sector



Additional disclosures by NBFCs in public issue of debt securities(15.09.2015)

The Securities Exchange Board of India notified new disclosures to be made by Non-Banking Financial Corporations in offer documents for public issue o.....

Tags : Disclosure, nbfc, public offer, debt



RBI cancels Certificate of Registration of 7 NBFCs(17.08.2015)

The Reserve Bank of India cancelled the certificate of registration of seven non-banking financial companies. The companies are no longer allowed to t.....

Tags : Rbi, nbfcs, certificate, cancellation



Priority Sector Lending - On-lending by Small Finance Banks to NBFC-MFIs(05.05.2021)

As per extant guidelines, lending by Small Finance Banks (SFBs) to Micro-Finance Institutions (MFIs) for on-lending is not reckoned for priority secto.....

Tags : Priority Sector, Lending, NBFC-MFIs



RBI floats Draft Regulatory Framework for Account Aggregator Companies to facilitate Consolidated Viewing of Financial Assets Holdings(03.03.2016)

The Reserve Bank of India released a draft of the directions Non-Banking Financial Company - Account Aggregator (Reserve Bank) Directions, 2016 to put.....

Tags : nbfc, account aggregator, directions



RBI cancels registration of four NBFCs(09.03.2016)

The Reserve Bank of India cancelled the certificate of registration of four Non-Banking Financial Companies, prohibiting them from transacting in busi.....

Tags : Nbfc, certificate of registration, cancelled



Applicability of Concentration of Credit/ Investment Norms(07.04.2016)

The Reserve Bank of India exempted systemically important Non-Banking Financial Companies from the concentration of credit, investment norms. The exem.....

Tags : Systemically important, Nbfc, investment



Registering NBFCs to become simpler(17.06.2016)

The Reserve Bank of India resolved to simpli.....

Tags : nbfc, registration, simplified process, public funds



Action against statutory auditors of NBFC under Section 45MAA of RBI Act, 1934(12.10.2021)

The Reserve Bank of India (RBI) in exercise of the powers vested under section 45MAA of the Reserve Bank of India Act, 1934, has, by an order dated Se.....

Tags : Statutory auditors, NBFC



Government Schemes for MSMEs and NBFCs creating significant impact - Sanctions under Emergency Credit Line Guarantee Scheme (ECLGS) cross Rs. 79,000 crore(23.06.2020)

The interventions by Government for MSMEs, have been gaining rapid traction. Under the Emergency Credit Line backed by a Government guarantee, Banks f.....

Tags : Government Schemes, MSMEs, NBFCs, Significant impact



Reserve Bank of India (Amalgamation of Private Sector Banks) Directions, 2016(21.04.2016)

The Reserve Bank of India notified Master Directions regarding amalgamation of two banking companies or of a banking company and an NBFC. For both, am.....

Tags : amalgamation, private banks, nbfc



Regulatory measures towards consumer credit and bank credit to NBFCs(16.11.2023)

1. Please refer to Governor's Statement dated October 6, 2023 flagging the high growth in certain components of consumer credit and advising banks and.....

Tags : Regulatory measures, Credit, NBFCs



Loans and Advances-Regulatory Restrictions-NBFCs(19.04.2022)

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 issue.....

Tags : Guidelines, NBFC



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