Eligible Credit Rating Agencies- Rating of Fixed Deposits by Infomerics Valuation and Rating Private Limited (IVRPL)

RBI/2017-18/45 DNBR (PD).CC.No.89/03.10.001/2017-18 August 14, 2017 All Deposit Taking NBFCs (except Residuary Non-Banking Companies) Madam/Sir, Eligible Credit Rating Agencies- Rating of Fixed Deposits by Infomerics Valuation and Rating Private Limited (IVRPL) A reference is invited to para 9 of the Master Direction DNBR. PD.002/03.10.119/2016-17 dated August 25, 2016 on Non-Banking Financial Companies Acceptance of Public Deposits (Reserve Bank) Directions, wherein,

RBI/2017-18/45 DNBR (PD).CC.No.89/03.10.001/2017-18 August 14, 2017 All Deposit Taking NBFCs (except Residuary Non-Banking Companies) Madam/Sir, Eligible Credit Rating Agencies- Rating of Fixed Deposits by Infomerics Valuation and Rating Private Limited (IVRPL) A reference is invited to para 9 of the Master Direction DNBR. PD.002/03.10.119/2016-17 dated August 25, 2016 on Non-Banking Financial Companies Acceptance of Public Deposits (Reserve Bank) Directions, wherein,

Eligible Credit Rating Agencies- Rating of Fixed Deposits by Infomerics Valuation and Rating Private Limited (IVRPL)

Appointment of nominated counsel in the Hon’ble High Court of Delhi at New Delhi- Compliance of the Order dated 21.07.2017

RBI/2017-18/44 DNBR (PD) CC.No.088/03.10.001/2017-18 August 14, 2017 To All NBFCs notified as ‘Financial Institutions’ under sub clause (iv) of clause (m) of sub section (1) of section 2 read with section 31A of the SARFAESI Act, 2002 Madam/ Sir, Appointment of nominated counsel in the Hon’ble High Court of Delhi at New Delhi- Compliance of the Order dated 21.07.2017 In Writ Petition (C) No. 1088 of 2017 (M/s J.K Jewellers vs. Capri Global Capital Ltd), the Hon’ble Hi

RBI/2017-18/44 DNBR (PD) CC.No.088/03.10.001/2017-18 August 14, 2017 To All NBFCs notified as ‘Financial Institutions’ under sub clause (iv) of clause (m) of sub section (1) of section 2 read with section 31A of the SARFAESI Act, 2002 Madam/ Sir, Appointment of nominated counsel in the Hon’ble High Court of Delhi at New Delhi- Compliance of the Order dated 21.07.2017 In Writ Petition (C) No. 1088 of 2017 (M/s J.K Jewellers vs. Capri Global Capital Ltd), the Hon’ble Hi

Appointment of nominated counsel in the Hon’ble High Court of Delhi at New Delhi- Compliance of the Order dated 21.07.2017

Point of Presence (PoP) Services under Pension Fund Regulatory and Development Authority (PFRDA) for National Pension System (NPS)

RBI/2017-18/16 DNBR(PD)CC.No.087/03.10.001/2017-18 July 06, 2017 All NBFCs Madam/ Sir, Point of Presence (PoP) Services under Pension Fund Regulatory and Development Authority (PFRDA) for National Pension System (NPS) Please refer to Para 111 of Non-Banking Financial Company – Systemically Important Non-Deposit taking Company and Deposit taking Company (Reserve Bank) Directions, 2016 prohibiting NBFCs from undertaking PoP Services under the PFRDA for NPS. 2. On a revi

RBI/2017-18/16 DNBR(PD)CC.No.087/03.10.001/2017-18 July 06, 2017 All NBFCs Madam/ Sir, Point of Presence (PoP) Services under Pension Fund Regulatory and Development Authority (PFRDA) for National Pension System (NPS) Please refer to Para 111 of Non-Banking Financial Company – Systemically Important Non-Deposit taking Company and Deposit taking Company (Reserve Bank) Directions, 2016 prohibiting NBFCs from undertaking PoP Services under the PFRDA for NPS. 2. On a revi

Point of Presence (PoP) Services under Pension Fund Regulatory and Development Authority (PFRDA) for National Pension System (NPS)

Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002- Section 3 (1) (b) - Requirement of Net Owned Fund (NOF) for Asset Reconstruction Companies

RBI/2016-17/295 DNBR. PD (ARC) CC. No. 03/26.03.001/2016-17 April 28, 2017 The Chairman / Managing Director / Chief Executive Officer All registered Asset Reconstruction Companies. Dear Sir, Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002- Section 3 (1) (b) - Requirement of Net Owned Fund (NOF) for Asset Reconstruction Companies. A reference is invited to paragraph 9 of the Bank’s Monetary Policy Statement on Develo

RBI/2016-17/295 DNBR. PD (ARC) CC. No. 03/26.03.001/2016-17 April 28, 2017 The Chairman / Managing Director / Chief Executive Officer All registered Asset Reconstruction Companies. Dear Sir, Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002- Section 3 (1) (b) - Requirement of Net Owned Fund (NOF) for Asset Reconstruction Companies. A reference is invited to paragraph 9 of the Bank’s Monetary Policy Statement on Develo

Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002- Section 3 (1) (b) - Requirement of Net Owned Fund (NOF) for Asset Reconstruction Companies

Disbursal of loan amount in cash

RBI/2016-17/245 DNBR (PD) CC.No.086/03.10.001/2016-17 March 09, 2017 All NBFCs Madam/ Sir, Disbursal of loan amount in cash Reference is invited to instructions contained in para 37(iii)(b) of Non-Banking Financial Company – Non-Systemically Important Non-Deposit taking Company (Reserve Bank) Directions, 2016 and Non-Banking Financial Company - Systemically Important Non-Deposit taking Company and Deposit taking Company (Reserve Bank) Directions, 2016 which states tha

RBI/2016-17/245 DNBR (PD) CC.No.086/03.10.001/2016-17 March 09, 2017 All NBFCs Madam/ Sir, Disbursal of loan amount in cash Reference is invited to instructions contained in para 37(iii)(b) of Non-Banking Financial Company – Non-Systemically Important Non-Deposit taking Company (Reserve Bank) Directions, 2016 and Non-Banking Financial Company - Systemically Important Non-Deposit taking Company and Deposit taking Company (Reserve Bank) Directions, 2016 which states tha

Disbursal of loan amount in cash

Infrastructure Financing- Definition of 'Infrastructure Lending'

RBI/2016-17/242 DNBR.PD.CC.No.085/03.10.001/2016-17 March 2, 2017 All Non-Banking Financial Companies Dear Sir/ Madam, Infrastructure Financing- Definition of 'Infrastructure Lending' Please refer to the definition of 'Infrastructure Lending' contained in the Non-Banking Financial Company - Systemically Important Non-Deposit taking Company and Deposit taking Company (Reserve Bank) Directions, 2016 and Non-Banking Financial Company – Non-Systemically Important Non-Depo

RBI/2016-17/242 DNBR.PD.CC.No.085/03.10.001/2016-17 March 2, 2017 All Non-Banking Financial Companies Dear Sir/ Madam, Infrastructure Financing- Definition of 'Infrastructure Lending' Please refer to the definition of 'Infrastructure Lending' contained in the Non-Banking Financial Company - Systemically Important Non-Deposit taking Company and Deposit taking Company (Reserve Bank) Directions, 2016 and Non-Banking Financial Company – Non-Systemically Important Non-Depo

Infrastructure Financing- Definition of 'Infrastructure Lending'

Review of Guidelines on “Pricing of Credit”

RBI/2016-17/219 DNBR.CC.PD.No. 084/22.10.038/2016-17 February 02, 2017 To All NBFC-MFIs, Madam/Sir, Review of Guidelines on “Pricing of Credit” As per extant instructions on “Pricing of Credit” issued to NBFC-MFIS under “Master Direction-Non-Banking Financial Company-Non-Systemically Important Non-Deposit taking Company (Reserve Bank) Directions, 2016” and “Master Direction - Non-Banking Financial Company-Systemically Important Non-Deposit taking Company and Deposit t

RBI/2016-17/219 DNBR.CC.PD.No. 084/22.10.038/2016-17 February 02, 2017 To All NBFC-MFIs, Madam/Sir, Review of Guidelines on “Pricing of Credit” As per extant instructions on “Pricing of Credit” issued to NBFC-MFIS under “Master Direction-Non-Banking Financial Company-Non-Systemically Important Non-Deposit taking Company (Reserve Bank) Directions, 2016” and “Master Direction - Non-Banking Financial Company-Systemically Important Non-Deposit taking Company and Deposit t

Review of Guidelines on “Pricing of Credit”

Master Direction - Non-Banking Financial Company – Non-Systemically Important Non-Deposit taking Company (Reserve Bank) Directions, 2016 (Withdrawn)

RBI/DNBR/2016-17/44 Master Direction DNBR.PD.007/03.10.119/2016-17 September 01, 2016 (Updated as on December 29, 2022*) (Updated as on September 29, 2022*) (Updated as on July 22, 2022*) (Updated as on June 14, 2022*) (Updated as on May 02

RBI/DNBR/2016-17/44 Master Direction DNBR.PD.007/03.10.119/2016-17 September 01, 2016 (Updated as on December 29, 2022*) (Updated as on September 29, 2022*) (Updated as on July 22, 2022*) (Updated as on June 14, 2022*) (Updated as on May 02

Master Direction - Non-Banking Financial Company – Non-Systemically Important Non-Deposit taking Company (Reserve Bank) Directions, 2016 (Withdrawn)

Guidelines for Relief Measures by NBFCs in areas affected by Natural Calamities

RBI/2016-17/28 DNBR (PD) CC.No.083/03.10.001/2016-17 July 28, 2016 All Non-Banking Financial Companies Madam/ Sir, Guidelines for Relief Measures by NBFCs in areas affected by Natural Calamities The Reserve Bank has issued guidelines to banks in regard to matters relating to relief measures to be provided in areas affected by natural calamities vide FIDD.No.FSD.BC.52/05.10.001/2014-15 dated March 25, 2015, FIDD No.FSD.BC.12/05.10.001/2015-16 dated August 21, 2015 and

RBI/2016-17/28 DNBR (PD) CC.No.083/03.10.001/2016-17 July 28, 2016 All Non-Banking Financial Companies Madam/ Sir, Guidelines for Relief Measures by NBFCs in areas affected by Natural Calamities The Reserve Bank has issued guidelines to banks in regard to matters relating to relief measures to be provided in areas affected by natural calamities vide FIDD.No.FSD.BC.52/05.10.001/2014-15 dated March 25, 2015, FIDD No.FSD.BC.12/05.10.001/2015-16 dated August 21, 2015 and

Guidelines for Relief Measures by NBFCs in areas affected by Natural Calamities

Format of Statutory Auditors’ Certificate (SAC) to be submitted by NBFCs

RBI/2015-16/433 DNBS (PPD) CC.No./04/66.14.001/2015-16 June 23, 2016 To CEOs of All NBFCs (excluding RNBCs) and The President of ICAI Dear Sir/Madam, Format of Statutory Auditors’ Certificate (SAC) to be submitted by NBFCs Please refer to the Notification No. DNBS 192/DG (VL) dated Feb 22, 2007 prescribing Prudential Norms Directions. In terms of the extant instructions, all NBFCs are required to submit a certificate from their Statutory Auditors every year to the eff

RBI/2015-16/433 DNBS (PPD) CC.No./04/66.14.001/2015-16 June 23, 2016 To CEOs of All NBFCs (excluding RNBCs) and The President of ICAI Dear Sir/Madam, Format of Statutory Auditors’ Certificate (SAC) to be submitted by NBFCs Please refer to the Notification No. DNBS 192/DG (VL) dated Feb 22, 2007 prescribing Prudential Norms Directions. In terms of the extant instructions, all NBFCs are required to submit a certificate from their Statutory Auditors every year to the eff

Format of Statutory Auditors’ Certificate (SAC) to be submitted by NBFCs