image

Master Direction – Miscellaneous Non-Banking Companies (Reserve Bank) Directions, 2016

RBI/DNBR/2016-17/41
Master Direction DNBR.PD.005/03.10.119/2016-17

August 25, 2016

Master Direction – Miscellaneous Non-Banking Companies (Reserve Bank) Directions, 2016

The Reserve Bank of India (the Bank), having considered it necessary in the public interest and being satisfied that for the purpose of enabling the Bank to regulate the credit system to the advantage of the country, it is necessary to give the directions set out below, in exercise of the powers conferred by sections 45J, 45JA, 45K and 45L of the Reserve Bank of India Act, 1934 (Act 2 of 1934) (the RBI Act), and of all the powers enabling it in this behalf, and in supersession of the earlier Directions contained in Notification No.DNBC.39/DG (H)-77 dated 20th June 1977 as amended from time to time issues the following Miscellaneous Non-Banking Companies (Reserve Bank) Directions, 2016 (the Directions) applicable to every miscellaneous non-banking company hereinafter specified.

profile image

About eMinds Legal

eMinds Legal

eMinds Legal is a Corporate Law Firm based in Gurgaon, India specializing in Corporate Legal, Corporate Secretarial and Compliance. The Firm comprises of a team of Corporate Lawyers and Company Secretaries with in-depth subject matter knowledge and participative industry experience of over 15 years.

2 responses to “Master Direction – Miscellaneous Non-Banking Companies (Reserve Bank) Directions, 2016”

  1. To the corporatelawreporter.com owner, Thanks for the well-researched and well-written post!

  2. It is in point of fact a great and helpful
    piece of information. I’m satisfied that you shared this helpful info with us.
    Please stay us up to date like this. Thanks for sharing.

Leave a Reply

Your email address will not be published. Required fields are marked *

Corporate Law Referencer

Corporate Law Referencer

Corporate Law Referencer

India’s Leading Compliance Software

India’s Leading Compliance Software

Get A Demo Today !

Recent Articles

Recent Legal updates

Recent Gst Updates