RBI cautions general public against frauds in the name of KYC updation; advises against sharing account login details, personal information, copies of KYC documents, card information, PIN, OTP, etc. with unidentified persons and agencies by Anum Ahmed | Sep 20, 2021 | Central, NBFC, NBFCsYou need to be logged in to view this content. Please Log In. Not a Member? Join... Read More
RBI issues Master Direction on Financial Statements- Presentation & Disclosures, 2021; listing down general instructions for the compilation of Balance Sheet and Profit and Loss Account for Commercial Banks by Anum Ahmed | Sep 8, 2021 | Central, NBFC, NBFCsYou need to be logged in to view this content. Please Log In. Not a Member? Join... 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
RBI revises the Liquidity Risk Management Framework applicable to NBFCs; lays down the timeline and types of NBFCs which should adhere to the Introduction of Liquidity Coverage Ratio (LCR) by comtideging1971 | Nov 11, 2019 | NBFCs, OPS, statesIn a Notification dated 4th November, 2019, the Reserve Bank of India (“RBI”) has issued a revised... 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
