Core Investment Companies

Master Circular Regulatory Framework for Core Investment Companies(CICs)

RBI/2013-14/48 DNBS (PD) CC No. 345 / 03.02.001/ 2013-14 July 1, 2013 All Core Investment Companies Dear Sirs, Master Circular Regulatory Framework for Core Investment Companies(CICs) As you are aware, in order to have all current instructions on the subject at one place, the Reserve Bank of India issues updated circulars / notifications. The instructions on… Read More

Tags: Companies Act 1956Core Investment CompaniesGeneral managerNon-banking financial companyReserve BankReserve Bank of IndiaRun batted inShort title

Guidelines on Investment in Insurance for Core Investment Companies

RBI/2012-13/466 DNBS(PD) CC.No.322/03.10.001/2012-13 April 1, 2013 All NBFCs Dear Sirs, Core Investment Companies Guidelines on Investment in Insurance At present NBFCs venturing into insurance are guided by the circular DNBS(PD).CC.No.13/02.01/99-2000 dated June 30, 2000 on amendment to NBFC Regulations which contains the ˜Guidelines for entry of NBFCs into Insurance™. In view of the unique business model of… Read More

Tags: BusinessCore Investment CompaniesInsuranceJoint ventureNBFCNon-banking financial companyRegulationReserve BankRun batted in

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