NBFCS HAD OBJECTED TO RBI RULES ON AUDITOR CHANGE, CALLED FOR EXPERT PANEL

Non-banking finance companies (NBFC) had opposed the RBI move on changing auditors' mid-way in the financial year, and had asked the central...

SPONSOR INVESTMENTS IN IFSC AIFS TO COME UNDER THE AUTOMATIC ROUTE

The Reserve Bank of India (RBI) has allowed sponsor investments by Indian entities in alternative investment funds (AIFs) set up in an...

NON-FATF AREA INVESTORS CAN’T HAVE ‘SIGNIFICANT INFLUENCE’ IN NBFCS: RBI

The Reserve Bank on Friday said investors from non 'Financial Action Task Force' complaint jurisdictions can only hold less than 20 per...

RBI Monitory Policy – October 09

(RBI) on October 9, maintained a status quo on key lending rates and kept its policy stance 'accommodative'.The Monetary Policy Committee (MPC)...

RBI BUNDLES NBFCS INTO 1 TYPE, OFFERING OPERATIONAL FLEXIBILITY – THE ECONOMIC TIMES

RBI BUNDLES NBFCS INTO 1 TYPE, OFFERING OPERATIONAL FLEXIBILITY – THE ECONOMIC TIMES RBI also decided that exposures to...

RBI MUST CHALLENGE NCLAT ATTEMPT TO CUT ITS POWERS – THE FINANCIAL EXPRESS

RBI MUST CHALLENGE NCLAT ATTEMPT TO CUT ITS POWERS - THE FINANCIAL EXPRESS If NCLAT rules that classifying IL&FS...

Baning of unregistered deposit -what is prohibited is unregulated deposite scheme which is defined...

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Baning of unregistered deposit -what is prohibited is unregulated deposite scheme which is defined as below:- UDS means...