RBI Restriction on Disbursal of Loan Amount in Cash exceeding Rs.20,000/-

RBI Restriction on Disbursal of Loan Amount in Cash exceeding Rs.20,000/-

RBI Restriction on NBFCs on Disbursal of Loan Amount in Cash exceeding Rs.20,000/- 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 … Continue Reading →
Gold Monetisation Scheme

Gold Monetisation Scheme

Gold Monetisation Scheme Please refer to RBI Master Direction No.DBR.IBD.No.45/23.67.003/2015-16 dated October 22, 2015 (updated up to January 21, 2016) on the above subject. In order to operationalise the scheme, we advise the following: 2. In order to have uniformity in reporting, reconciliation and … Continue Reading →