Tag: nbfc

RBI cancels Certificate of Registration of 5 NBFCs

RBI cancels Certificate of Registration of 5 NBFCs The Reserve Bank of India (RBI) has cancelled the certificate of registration of the following five Non-Banking Financial Companies (NBFCs). Sr. No. Company’s Name Address of Registered Office Certificate of Registration No. Issued On Date of cancellation 1. M/s Cygnus …

RBI withdraws Exemptions Granted to Government Owned NBFCs

RBI withdraws Exemptions Granted to Government Owned NBFCs RESERVE BANK OF INDIA RBI/2017-18/181 DNBR (PD) CC.No.092/03.10.001/2017-18 May 31, 2018 All Government NBFCs Madam/ Sir, Withdrawal of Exemptions Granted to Government Owned NBFCs Government owned companies, as defined under Clause (45) of Section 2 of the Companies Act, 2013 …

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 …

RBI directs NBFCs to appoint nominated counsels in High Court

RBI directs NBFCs to appoint nominated counsels in High Court to represent them when a petition is filed seeking interim orders/ directions against any NBFC Reserve Bank of India Appointment of nominated counsel in the Hon’ble High Court of Delhi at New Delhi- Compliance of the Order dated …

RBI Master Direction- Information Technology Framework for NBFC Sector

RBI Master Direction- Information Technology Framework for NBFC RBI/DNBS/2016-17/53 Master Direction DNBS.PPD.No.04/66.15.001/2016-17 June 08, 2017 Master Direction – Information Technology Framework for the NBFC Sector In exercise of the powers conferred in terms of clause (b) of sub-section (1) of 45-L of the Reserve Bank of India Act, …

Auditors to submit additional NBFC Report to Board of Directors. RBI Master Direction-NBFC Auditor’s Report (Reserve Bank) Directions 2016

Auditors to submit additional NBFC Report to Board of Directors. RBI Master Direction-NBFC Auditor’s Report (Reserve Bank) Directions 2016 Reserve Bank of India BI/DNBS/2016-17/48 Master Direction DNBS. PPD.03/66.15.001/2016-17 September 29, 2016 Master Direction – Non-Banking Financial Companies Auditor’s Report (Reserve Bank) Directions, 2016 In exercise of the powers …