RBI extends relaxed norms for NBFC loan securitisation till December 31

As per an estimate, the cumulative gross NPAs of 24 listed public sector banks, including market leader SBI and its associates, stood at 393035 crore rupees as on 31 December 2015. of rising NPA is.

* RBI to issue revised circular on stressed loans in 3-4 days * RBI extends relaxed norms on securitisation by NBFCs till Dec 31 * RBI sets up task force to develop secondary corporate loan market * RBI sets up panel to suggest improvement in home loan securitisation * RBI moots tighter norms for NBFCs, liquidity cover ratio

RBI extends deadline for exchanging pre-2005 currency notes till December 2015 The Reserve Bank of India (RBI) has extended the date to exchange pre-2005 bank notes till December 31, 2015 for third time. Earlier in December 2014, RBI had set the last date for public to exchange these notes as June 30, 2015.

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However, BPLR would not apply to certain categories, including home loans. the purview of norms on non-SLR guidelines until December 31, 2004. Providing more teeth to banks in recovering NPAs, RBI.

RBI revised the regulatory provisions relating to NBFCs. 10. SHARES. 33. VIEWS. Share on Facebook Share on Twitter. Non-Banking Finance Company (NBFC) is a financial institution which does not meet the legal definition of bank but carries the similar activities to that of bank like lending and.

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* RBI to set up internal panel on liquidity mgmt framework * RBI to issue revised circular on stressed loans in 3-4 days * RBI extends relaxed norms on securitisation by NBFCs till Dec 31 * RBI sets up task force to develop secondary corporate loan market * RBI sets up panel to suggest improvement in home loan securitisation

Adhere to NEFT Norms, RBI tells Banks; Banknotes Issued Prior to 2005 to be Withdrawn: RBI Advisory; Exchanging Currency Notes will be Hassle-Free, Says RBI; SEBI Notifies Norms for Portfolio Investors; RBI Hikes NBFCs’ Gold Loan Limit to 75% of Value; Joint Account Holder Facility for NRIs; NBFCs not to make Provision for Guaranteed Portion.

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The RBI specifies Know Your Customer (KYC) norms to be followed by banks and other entities. failing which account shall be subject to temporary ceasing till PAN or Form No 60 is submitted," the.

Mumbai, May 29 () The Reserve Bank of India (RBI) Wednesday constituted a committee to review the existing state of mortgage securitisation in India and suggest measures to deepen it. The mortgage.