All posts tagged "NBFCs"
-
133Capital RegulationRBI Issues New Regulatory Framework for Housing Finance Companies
Non-deposit taking HFCs with an asset size of INR 50 billion and above, and all deposit taking HFCs, will have to achieve a 100% LCR by December 2025.
February 24, 2021 -
170Feature
RBI Issues Draft Guidelines to Open Up CDS Market
Under the guidelines, retail users will be allowed to buy permitted credit derivatives for hedging purposes, whereas non-retail can do so for any purpose.
February 17, 2021 -
131AML / KYC
RBI Limits Investment in NBFCs from FATF Non-compliant Jurisdictions
Investors from black-listed or grey-listed FATF jurisdictions will not be allowed to acquire ‘significant influence’ in NBFCs, the RBI said.
February 15, 2021 -
185Capital RegulationRBI Extends Liquidity Support Measures for Financial Sector
The RBI has deferred implementation of the NSFR and the final tranche of the CCB, while also extending a number of other liquidity-boosting initiatives.
February 10, 2021 -
135India
RBI Issues Guidance to Enhance Internal Audit Function at NBFCs, UCBs
Internal audit frameworks of select NBFCs and UCBs will have to include an evaluation of the risk management systems and control procedures used in various areas of operations.
February 7, 2021 -
190Capital Regulation
RBI Proposes New Regulatory Approach to Contain NBFC Risks
About 25 to 30 NBFCs considered systemically significant will have to maintain a 9% CET1 ratio and be subject to a range of other bank-like regulatory requirements.
January 26, 2021 -
313Capital Regulation
RBI Directs Banks Not to Declare Dividends for FY2020
Due to ongoing stress and heightened uncertainty amid the Covid-19 pandemic, the RBI wants to ensure banks can continue to conserve capital and support the economy.
December 7, 2020 -
381Capital Regulation
RBI Working Group Proposes New Rules on Bank Ownership
The RBI working group suggests corporates be allowed to own up to 26% of banks, and NBFCs be allowed to convert to a banking licence.
November 24, 2020 -
573India
RBI Allows Banks, NBFCs Added Co-lending Flexibility
The new Co-Lending Model permits banks to co-lend with all registered NBFCs, providing greater operational flexibility to lenders and lowering borrower costs.
November 9, 2020 -
423India
RBI Instructs Lenders to Repay ‘Interest on Interest’ to Borrowers
Interest charged on interest for certain loans will be repaid by lenders under a government scheme, regardless of whether the loans were under moratorium.
November 3, 2020
