RBI/2013-14/46
DNBS(PD).CC.No 344./03.02.001/2013-14
July 1, 2013
To,
All Non-Banking Financial Companies (NBFCs)
Dear Sirs,
Master Circulars – Miscellaneous Instructions to All Non-Banking Financial Companies
In order to have all current instructions in one place, the Reserve Bank of India has issued master circulars to NBFCs on various subjects. It is advised that Miscellaneous Directions / Instructions issued upto June 30, 2013, which do not find a place in such master circulars have been compiled herein. A consolidated list of all such instructions is enclosed for ready reference. The Master circular has also been placed on the RBI web-site (http://www.rbi.org.in).
Yours faithfully,
(N. S. Vishwanathan)
Principal Chief General Manager
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Table of Contents
|
Para No |
Particulars |
|
1. |
Asset Liability Management (ALM) System for NBFCs Guidelines |
|
2. |
Nomination rules under Section 45QB of RBI Act for NBFC Deposits |
|
3. |
Safe Custody of Liquid Assets / Collection of Interest on SLR Securities |
|
4. |
Prudential Norms Directions – Preparation of Balance Sheet as on March 31 of every year |
|
5. |
Certificate of Registration (CoR) issued under Section 45-IA of the RBI Act, 1934 – Continuation of business of NBFI – Submission of Statutory Auditors Certificate Clarification |
|
6. |
Operative instructions relating to relaxation / modification in Ready Forward Contracts, Settlement of Government Securities Transactions and Sale of securities allotted in Primary Issues |
|
7. |
FIMMDA Reporting Platform for Corporate Bond Transactions |
|
8. |
Prior Public Notice about change in control / management |
|
9. |
Change in Management and Mergers / Amalgamation |
|
10. |
The Non-Banking Financial Companies (Deposit Accepting) (Approval of Acquisition or Transfer of Control) Directions, 2009 |
|
11. |
Cover for public deposits – creation of floating charge on Liquid Assets by deposit taking NBFCs |
|
12. |
Unsolicited Commercial Communications – National Do Not Call Registry |
|
13. |
Requirement of minimum NOF of Rs. 200 lakh for all deposit taking NBFCs |
|
14. |
Reclassification of NBFCs |
|
15. |
Monitoring Framework for non-deposit taking NBFCs with asset size of Rs 50 crore and above but less than Rs 100 crore |
|
16. |
Accounting for taxes on income – Accounting Standard 22 – Treatment of deferred tax assets (DTA) and deferred tax liabilities (DTL) for computation of capital |
|
17. |
Introduction of Interest Rate Futures NBFCs |
|
18. |
Compliance with FDI norms-Half yearly certificate from Statutory Auditors of NBFCs |
|
19. |
Finance for Housing Projects – Incorporating clause in the terms and conditions to disclose in pamphlets / brochures / advertisements, information regarding mortgage of property to the NBFC |
|
20. |
Loan facilities to the physically / visually challenged by NBFCs |
|
21. |
Participation in Currency Futures |
|
22. |
Services to persons with Disability – Training Programme for Employees |
|
23. |
Submission of data to Credit Information Companies – Format of data to be submitted by Credit Institutions |
|
24. |
Implementation of Green Initiative of the Government |
|
25. |
Attempt to defraud using fake bank guarantee-modus operandi |
|
26. |
Credit Default Swaps NBFCs as Users |
|
27. |
Revision to the guidelines on Securitisation Transactions-To all NBFCs except Primary Dealers. |
|
28. |
Standardisation and Enhancement of Security Features in Cheque Forms – Migrating to CTS 2010 Standards |
|
29. |
Readiness of major service providers to migrate from IPv4 to IPv6 Issued to all NBFCs/RNBCs |
|
30. |
Checklist for NBFCs, Non Banking Financial Company-Micro Finance Institutions (NBFC-MFIs), Non Banking Financial Company-Factoring Institutions (NBFC-Factors) and Core Investment Companies (CICs) -Issued to all NBFCs excluding RNBCs |
|
31. |
Raising Money Through Private Placement by NBFCs-Debentures etc |
|
32. |
Appendix |
