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RBI issues draft directions linked with Acquisition & Transfer of Control of NBFCs

Newsroom24x7 Desk

Mumbai: The Reserve Bank of India today released the draft directions for approval of acquisition or transfer of control Non-Banking Financial Companies (NBFCs) seeking views and comments on it from all interested parties and the general public. 557 more words

India

Regulatory Framework for NBFCs revised by RBI

Revised Regulatory Framework for NBFCs

Please refer to the revised regulatory framework issued vide DNBR (PD) CC.No. 002/ 03.10.001/ 2014-15 dated November 10, 2014 (the circular). 1,519 more words

RBI

What does the repo rate cut mean?

The Reserve Bank of India recently slashed the repo rate by 25 basis points to 7.75%. This was a sudden announcement on the part of the RBI which felt that reduced inflation made it possible for the move to be made. 339 more words

Guidelines for Relief Measures by Banks in Areas Affected by Natural Calamities: RBI

GUIDELINES FOR RELIEF MEASURES BY BANKS IN AREAS
AFFECTED BY NATURAL CALAMITIES

Periodical but frequent occurrences of natural calamities take a heavy toll of human life and cause wide spread damage to economic pursuits of human beings in one area or the other of our country. 3,616 more words

RBI

Scheme for Collection of Dues of (i) Central Board of Direct Taxes (ii) Central Board of Excise and Customs (iii) Departmentalised Ministries Account

Scheme for Collection of Dues of (i) Central Board of Direct Taxes (ii) Central Board of Excise and Customs (iii) Departmentalised Ministries Account – Reporting and Accounting of March Transactions – Special Arrangements – Financial Year 2014-15… 932 more words

RBI

Special Clearing operations on March 30 and 31, 2015

RBI/2014-15/517 DPSS.CO.CHD.No./1776/03.01.02/2014-2015

March 26, 2015

A reference is invited to the circular issued by our Department of Government and Bank Accounts (DGBA.GAD.No.4318/42.01.029/2014-15 dated March 25, 2015) on ‘Annual Closing of Government Accounts – Transactions of Central / State Governments – Special Measures for the Current Financial Year (2014-15)’. 383 more words

RBI

ATM :: Home loan rates may not ease in near term

Tuesday, 17 March 2015 – 5:15am IST | Agency: dna | From the print edition

Home loan consumers can be forgiven if they ask in frustration – will the home loan rates ever come down? 648 more words

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