WebApr 29, 2024 · The RBI has sought to regulate change of control at NBFCs, in one form or the other, since its inception. ... 208/ CGM(ANR)-2009 both dated September 17, 2009 (introduced the requirement for deposit taking NBFCs to obtain prior RBI approval); DNBS (PD) CC.No.376/03.10.001/2013-14 and DNBS.(PD) 275/ GM(AM)-2014 both dated May ... WebApr 11, 2024 · The Reserve Bank of India (RBI) on Tuesday announced a framework for accepting ‘green deposits’ by banks and deposit-taking non-banking finance companies (NBFCs). The central bank has identified nine sectors in which the proceeds from these green bonds must be used. They include renewable energy and green transport.
Master Circular– Requirement for Obtaining Prior Approval of RBI …
WebApr 12, 2024 · The circular shall apply to any application for change in control of the sponsor and/or manager of the AIF made to the NCLT on or after 1 st April 2024. In the circular, the following has been decided: An application under Regulation 20 (13) of the SEBI (AIF) Regulations, 2012 seeking approval for the proposed change in control of the … WebJul 28, 2024 · On obtaining the approval from the RBI for such change. (1) A public notice of at least 30 days shall be given before effecting the sale of, or transfer of the ownership by … dynamics 365 field service insights
Non-Banking Financial Companies (NBFC) - WIRC-ICAI
WebNov 10, 2024 · The revised regulatory framework follows the discussion paper that was issued by RBI in January 2024 for public comments. The revised framework envisages a progressive increase in the intensity of regulation and is thus visualized as a four-layer … WebAny change in the management of the NBFC resulting in a change in the board of directors up to 30%, excluding independent directors, does not need any prior approval of RBI. Also, … WebJul 15, 2015 · RBI has vide its circular dated 9th July, 2015 mandated that prior written permission of RBI will be required for any takeover or acquisition of control of an NBFC, … crystal white light bulb