107 results found

Recently, the Reserve Bank of India (RBI), with a view to implement more transparency in the country’s credit system and for customer protection, prescribed broad guidelines with respect to fair practices, to be formulated and approved by the Board of Directors of all Non- Banking Financial Companies (NBFCs) including residuary, non-banking companies (RNBCs).

SEBI, vide circular dated July 4, 2024, has revised the timelines to be followed by Credit Rating Agencies ("CRAs") as specified under master circular dated May 16, 2024.

RBI has also stated that the derivative contracts executed prior to 1st April 2019 will be exempted while computing the exposure on the HO.

Special Purpose Vehicles a catchphrase during the financial crisis of 2008 has assumed centre stage as companies and financial institutions scramble for monies in a contracted economy in the wake of the COVID-19 pandemic.

The infrastructure sector is critical to India's development. Financing in infrastructure is expected to grow exponentially over the next few years,...

The Supreme Court of India (SC) in Orator Marketing Private Limited v Samtex Desinz Private Limited, Civil Appeal No. 2231 of 2021, judgment dated 26th July 2021 has held that an interest free...

Initially, there were four different categories of companies for the purpose of acceptance of deposits by Non Banking Financial Companies

Reserve Bank of India (the "RBI") vide its Circular No. RBI 2016-17/56 DBR.No. BP.BC.9/21.04.048/2016-17 dated September 1, 2016 on "Guidelines on Sale of Stressed Assets by Banks".

In order to facilitate the expansion of the business of Indian corporates abroad, the Reserve Bank of India ("RBI") had on 6<SUP>th</SUP> November 2006 enhanced the prudential limit on credit and non-credit facilities extended by Indian banks to Indian Joint Ventures (where the Indian company’s holding exceeded 51%) / Wholly Owned Subsidiaries ("WOS") abroad from the then existent limit of 10% to 20% of the unimpaired Tier I and Tier II capital funds of such Indian Joint Vent

On 20 August 2025, the Reserve Bank of India (RBI) issued a draft circular inviting public comments on the subject "Counterparty Credit Risk: Add-on factors for computation...

With ever increasing levels of non-performing assets (NPAs) in the banking system, the Reserve Bank of India (RBI) has been seeking ways to reduce the burden of providing credit on banks.

In wake of Indian commercial banks having far exceeded their loss-bearing capacity, microprudential supervision for revival of assets prior to the onset of trouble has donned a veil of urgency.

India's insurance industry is on the brink of transformative changes with the anticipated introduction of the Insurance Amendment Bill (the "Bill")...

With the robust Indian economy and consequent increase in housing loans vis-a-vis the ambivalent stand of the Government of India (“GOI”) on recognizing mortgage insurance and related products to protect the creditors on the occurrence of default by borrowers, the Reserve Bank of India (“RBI”) has finally introduced the model of Mortgage Guarantee Companies (“MGC”) in India.

The Micro, Small and Medium Enterprises (MSME) in India constitute over 90% of India's total enterprises. According to statistics, the MSME's contribute towards approximately 40% of total exports...

On 21 June, the Securities and Exchange Board of India ("SEBI") inter-alia, approved proposals to:

Our previous articles have highlighted the various regulatory measures that have been introduced from time to time by the regulators and government bodies.