Notification Nos. 134-140 on NBFCs (January 13, 2000)

RESERVE BANK OF INDIADEPARTMENT OF NON-BANKING SUPERVISIONCENTRAL OFFICECENTRE I, WORLD TRADE CENTRE,CUFFE PARADE, COLABA,MUMBAI 400 005.NOTIFICATION No. DNBS.134/CGM(VSNM)-2000 dated January 13, 2000The Reserve Bank of India, 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 amend the Non-Banking Financial Companies Accep

RESERVE BANK OF INDIADEPARTMENT OF NON-BANKING SUPERVISIONCENTRAL OFFICECENTRE I, WORLD TRADE CENTRE,CUFFE PARADE, COLABA,MUMBAI 400 005.NOTIFICATION No. DNBS.134/CGM(VSNM)-2000 dated January 13, 2000The Reserve Bank of India, 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 amend the Non-Banking Financial Companies Accep

Notification Nos. 134-140 on NBFCs (January 13, 2000)

Amendments to NBFC Regulations

Ref.DNBS.(PD).CC.No. 12 /02.01/99-2000January 13, 2000.To All Non-Banking Financial Companies including Residuary Non-Banking Companies Dear Sirs,Amendments to NBFC RegulationsAs you are aware, Reserve Bank has put in place a comprehensive regulatory and supervisory framework in January 1998, in terms of which certain measures were taken for protecting the interests of depositors and for ensuring that the NBFCs function on sound and healthy lines. Reserve Bank has sin

Ref.DNBS.(PD).CC.No. 12 /02.01/99-2000January 13, 2000.To All Non-Banking Financial Companies including Residuary Non-Banking Companies Dear Sirs,Amendments to NBFC RegulationsAs you are aware, Reserve Bank has put in place a comprehensive regulatory and supervisory framework in January 1998, in terms of which certain measures were taken for protecting the interests of depositors and for ensuring that the NBFCs function on sound and healthy lines. Reserve Bank has sin

Amendments to NBFC Regulations

Asset Liability Management System - Guidelines for all-India Financial Institutions

Asset Liability Management System - Guidelines for all-India Financial Institutions

Asset Liability Management (ALM) System

December 31, 1999Ref DBS.FID No. C-11 /01.02.00/99-2000 @@NBSP@@To All India Financial Institutions@@NBSP@@Dear Sir,Asset Liability Management (ALM) SystemPlease refer to our Circular FID.No.38/01.02.00/98-99 dated 20th April 1999 forwarding the draft ALM guidelines for the FIs. In the light of the comments received from the FIs and the subsequent meetings held with the select FIs, the draft guidelines have been reviewed by us and the final guidelines are enclosed. Th

December 31, 1999Ref DBS.FID No. C-11 /01.02.00/99-2000 @@NBSP@@To All India Financial Institutions@@NBSP@@Dear Sir,Asset Liability Management (ALM) SystemPlease refer to our Circular FID.No.38/01.02.00/98-99 dated 20th April 1999 forwarding the draft ALM guidelines for the FIs. In the light of the comments received from the FIs and the subsequent meetings held with the select FIs, the draft guidelines have been reviewed by us and the final guidelines are enclosed. Th

Asset Liability Management (ALM) System

Guidelines for Asset Liability Management (ALM) System in Financial Institutions (FIs)

In the normal course, FIs are exposed to credit and market risks in view of the asset-liability transformation. With liberalisation in Indian financial markets over the last few years and growing integration of domestic markets with external markets, the risks, particularly the market risks, associated with FIs’ operations have become complex and large, requiring strategic management. FIs are operating in a fairly deregulated environment and are required to determine

In the normal course, FIs are exposed to credit and market risks in view of the asset-liability transformation. With liberalisation in Indian financial markets over the last few years and growing integration of domestic markets with external markets, the risks, particularly the market risks, associated with FIs’ operations have become complex and large, requiring strategic management. FIs are operating in a fairly deregulated environment and are required to determine

Guidelines for Asset Liability Management (ALM) System in Financial Institutions (FIs)

Appendices

Appendix - IMaturity Profile for Liquidity Statement OutflowsHeads of AccountTime-bucket category1. Capital funds @@NBSP@@a) Equity capital, Reserves, Funds and } Surplus } The ' Over 10 years’ time-bucket.b) Preference capital - redeemable/non-perpetualAs per the residual maturity of the shares.2. Gifts, grants, donations and benefactionsThe 'Over 10 years’ time-bucket. However, if such gifts, grants, etc., are tied to specific end-use, then these may be slotted in t

Appendix - IMaturity Profile for Liquidity Statement OutflowsHeads of AccountTime-bucket category1. Capital funds @@NBSP@@a) Equity capital, Reserves, Funds and } Surplus } The ' Over 10 years’ time-bucket.b) Preference capital - redeemable/non-perpetualAs per the residual maturity of the shares.2. Gifts, grants, donations and benefactionsThe 'Over 10 years’ time-bucket. However, if such gifts, grants, etc., are tied to specific end-use, then these may be slotted in t

Appendices

A Framework for Measuring and Managing Liquidity
(September 1992)

In its work on the supervision of liquidity, the Basle Committee has focused on developing a greater understanding of the way in which international banks manage their liquidity on a global basis, on the premise that supervision of liquidity is particularly effective if based on a dialogue between bank and supervisor. This paper brings together practice and techniques currently employed by major international banks in a single analytical framework. While no bank may f

In its work on the supervision of liquidity, the Basle Committee has focused on developing a greater understanding of the way in which international banks manage their liquidity on a global basis, on the premise that supervision of liquidity is particularly effective if based on a dialogue between bank and supervisor. This paper brings together practice and techniques currently employed by major international banks in a single analytical framework. While no bank may f

A Framework for Measuring and Managing Liquidity (September 1992)

Principles for The Management of Interest Rate Risk (January 1997)

Summary1. As part of its on-going efforts to address international bank supervisory issues, the Basle Committee is issuing the attached paper for comment by banks and other financial market participants on the management of interest rate risk. In this as in many other areas sound controls are of crucial importance. It is essential that banks have a comprehensive risk management process in place, that effectively identifies, measures, monitors and controls interest rat

Summary1. As part of its on-going efforts to address international bank supervisory issues, the Basle Committee is issuing the attached paper for comment by banks and other financial market participants on the management of interest rate risk. In this as in many other areas sound controls are of crucial importance. It is essential that banks have a comprehensive risk management process in place, that effectively identifies, measures, monitors and controls interest rat

Principles for The Management of Interest Rate Risk (January 1997)

Annexures

Annexure I Statement of Liquidity in Indian Rupees(as on :@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@)Name of the FI : (Amount in crore of rupees)A. OUTFLOWSItems/ Time buckets1 to 14 days15 t0 28 days 29 days to 3 months Over 3 to 6 months Over 6 months to 1 yearOver 1 year to 3 yearsOver 3 to 5 years Over 5 to 7 years Over 7 to 10 yearsOver 10 years Total1. Capital a) Equity @@NBSP@@@@NBSP@

Annexure I Statement of Liquidity in Indian Rupees(as on :@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@)Name of the FI : (Amount in crore of rupees)A. OUTFLOWSItems/ Time buckets1 to 14 days15 t0 28 days 29 days to 3 months Over 3 to 6 months Over 6 months to 1 yearOver 1 year to 3 yearsOver 3 to 5 years Over 5 to 7 years Over 7 to 10 yearsOver 10 years Total1. Capital a) Equity @@NBSP@@@@NBSP@

Annexures

Draft Guidelines for diversification into Insurance business
by banks/financial institutions

Annexure1.(a) Necessary modifications in the legal framework governing various enactments will have to be carried out by the Government before permitting the banks/financial institutions to undertake insurance business.(b) Necessary approvals from appropriate authorities are required to be taken by banks/financial institutions before entering into MOU with any insurance partner.2. Only financially sound banks/financial institutions with good track record would be perm

Annexure1.(a) Necessary modifications in the legal framework governing various enactments will have to be carried out by the Government before permitting the banks/financial institutions to undertake insurance business.(b) Necessary approvals from appropriate authorities are required to be taken by banks/financial institutions before entering into MOU with any insurance partner.2. Only financially sound banks/financial institutions with good track record would be perm

Draft Guidelines for diversification into Insurance business by banks/financial institutions