WebOct 23, 2024 · After considering the inputs received from the industry, the RBI, on October 22, 2024 issued the Regulatory Framework for HFCs [2] (‘Regulations’). The Regulations intend to align the regulatory framework for HFCs with the one prevalent for NBFCs. In this write-up we bring out the significant features of the regulatory framework for HFCs. WebJan 2, 2024 · The Reserve Bank of India ("RBI") has modified the existing Master Directions on Non-Banking Financial Company – Peer to Peer Lending Platform (Reserve Bank) Directions, 2024 ("Master Directions") on November 22, 2024.In accordance with the updated Master Directions, all NBFCs acting either as Financial Information Provider or …
The Credit Card Business for NBFCs - Vinod Kothari
WebJun 8, 2024 · 4. NBFCs may place these directions before their Board, together with a gap-analysis vis-a-vis the Master Direction and the proposed action by September 30, 2024. 5. … WebSep 10, 2024 · Reserve Bank of India by exercising its power conferred under section 45k, 45L and 45M of the RBI Act, 1934 issued a master direction to monitor the fraud ensue in NBFCs. The direction shall be called Monitoring of … clamp mount mixer
RBI issues detailed norms for outsourcing of IT services by banks, NBFCs
WebJan 4, 2024 · Section B: Directions for NBFCs with asset size below ₹ 500 crore. It is recommended that smaller NBFCs may start with developing basic IT systems mainly for … WebThe RBI has issued the Non-Banking Financial Company – Housing Finance Company (Reserve Bank) Directions, 2024, effective from 17 February 2024. The said Directions … WebThis question is for testing whether you are a human visitor and to prevent automated spam submission. Audio is not supported in your browser. downhill italian bike brands handmade