Category: RBI

NOF for ARCs shall be minimum Rupees 100 Crore – RBI

NOF for ARCs shall be minimum Rupees 100 Crore. ARCs already registered with RBI have to achieve the prescribed minimum NOF level latest by March 31, 2019  RESERVE BANK OF INDIA (Department of Non-Banking Regulation) NOTIFICATION Mumbai, the 28th April, 2017 Notification DNBR (PD-ARC) No. 05 /ED(SS)-2017.—In exercise of …

Restrictions on banks holding and investment. Amendments to RBI Master Direction

Restrictions on banks holding and investment. Amendments to RBI Master Direction Reserve Bank of India Amendments to Master Direction- Reserve Bank of India (Financial Services provided by Banks) Directions, 2016 RBI/2017-18/66 DBR.No.FSD.BC.89/24.01.040/2017-18 September 25, 2017 All Scheduled Commercial Banks (excluding RRBs) Dear Sir/ Madam, Amendments to Master Direction- …

RBI releases its Annual Report for 2016-17

RBI Annual Report 2016-17. Notwithstanding, Headwinds from global slowdown and transient impact of demonetisation Indian economy demonstrated resilience  RBI releases its Annual Report for 2016-17 The Reserve Bank of India has released its Annual Report for 2016-17, a statutory report of its Central Board of Directors.

15 NBFCs surrender their Certificate of Registration to RBI

15 NBFCs surrender their Certificate of Registration to RBI   Reserve Bank of India Date : Aug 24, 2017 15 NBFCs surrender their Certificate of Registration to RBI The following NBFCs have surrendered the Certificate of Registration granted to them by the Reserve Bank of India. The Reserve Bank …