RBI rolls out Draft Framework for Securitisation of Standard Assets & Draft Comprehensive Framework for Sale of Loan Exposures; invites comments within 30th June, 2020 by comtideging1971 | Jun 11, 2020 | Banking, Central, NBFCs, OPSIn a Press Release dated 8th June, 2020 the Reserve Bank of India (“RBI”) has informed that it has... Read More
RBI extends timeline for compliance with various payment system requirements in view of COVID 19 pandemic; also defers coming into force of circular on Enhancing Security of Card Transactions by comtideging1971 | Jun 6, 2020 | Banking, Central, NBFCs, OPSIn a Notification dated June 04, 2020 directed to All Scheduled Commercial Banks, including... Read More
Ministry of Home Affairs extends Nationwide Lockdown till 30th June, 2020; unlocking of activities in non-Containment Zones to take place in a phase-wise manner by comtideging1971 | Jun 2, 2020 | Agriculture, Automotive, Aviation, Banking, Central, Civil & Heavy Engineering, E-commerce, Financial Services, Food & Beverage, Healthcare, Industries, Infrastructure, Insurance, IT and ITeS, Manufacturing, Mining, NBFCs, Oil & Gas, Operations, OPS, Pharmaceuticals, Power, Retail, Telecom, WarehousingKey Provisions ‘Unlock-1’ Order dt. May 30, 2020 of Ministry of Home Affairs, GOI 1. ... Read More
MCA deploys e-form AOC-4 NBFC (Ind AS) for filing financial statement and other documents with the Registrar for NBFCs by comtideging1971 | Feb 14, 2020 | CORP, NBFCs, statesThe “News and Important Updates” section, the Ministry of Corporate Affairs (“MCA”) has informed... Read More
PIB releases information stating the various steps taken by the Government to enhance credit flow for NBFCs by comtideging1971 | Feb 7, 2020 | CORP, NBFCs, statesIn a press release dated 4th February, 2020 the Union Minister of State for Finance &... Read More
MCA amends Companies (Accounts) Rules, 2014; NBFCs to whom IND AS is applicable must mandatorily file Forms AOC-4 NBFC (Ind AS) & AOC-4 CFS NBFC (Ind AS); extends time for filing the forms till 31.03.20 by comtideging1971 | Feb 6, 2020 | CORP, NBFCs, statesIn a Notification dated 30th January, 2020 the Ministry of Corporate Affairs (“MCA”) has issued... Read More
