RBI extends relaxation on the Minimum Holding Period for originating NBFCs till 30th June, 2020; applicable for loans having maturity of more than 5 years by comtideging1971 | Jan 6, 2020 | Banking, OPS, statesThe Reserve Bank of India, through a notification dated 31st December, 2019, has decided to extend... Read More
RBI addresses the risk management issues in NBFCs; mandates NBFCs with asset size of more than Rs. 50 billion to appoint a Chief Risk Officer by Lexplosion | May 20, 2019 | Banking, CORP, statesThe Reserve Bank of India (“RBI”) has, in a notification dated May 16, 2019, directed... Read More
SEBI makes it mandatory for Mutual Funds to report Artificial Intelligence (AI) and Machine Learning (ML) applications and systems offered and used by them to AMFI; effective June 2019 by Lexplosion | May 15, 2019 | Banking, CORP, statesThe Securities and Exchange Board of India (“SEBI”) has in a circular dated 9th May, 2019 issued... Read More
SEBI makes it mandatory for Mutual Funds to report Artificial Intelligence (AI) and Machine Learning (ML) applications and systems offered and used by then to AMFI; effective June 2019 by Lexplosion | May 13, 2019 | Banking, CORP, statesThe Securities and Exchange Board of India (“SEBI”) has in a circular dated 9th May, 2019 issued... Read More
Asian Infrastructure Investment Bank, New Development Bank and European Bank for Reconstruction and Development not to be considered as Foreign Source under the Foreign Contribution (Regulation) Act, 2010, says Ministry of Home Affairs by Lexplosion | Mar 12, 2019 | Banking, OPS, statesIn a Notification dated 1st February 2019 the Ministry of Home Affairs has informed that the... Read More
RBI harmonises different categories of NBFCs into one category NBFC Investment and Credit Company; effective 22nd February, 2019 by Lexplosion | Feb 26, 2019 | Banking, OPS, statesThe Reserve Bank of India (“RBI”) has issued a circular regarding Harmonisation of different... Read More
