WebSep 24, 2024 · The RBI has effected major changes to the norms governing the transfer of bad loans and standard assets by lenders. On Friday, the central bank issued Master Circulars on ‘Transfer of Loan ... WebSep 24, 2024 · 2. Based on the examination of the comments received, the Reserve Bank has issued the Master Direction – Reserve Bank of India (Transfer of Loan Exposures) …
RBI issues draft rules on penal charges on loans, says lenders …
WebMay 29, 2024 · A transfer of assets from India has to be done at arm’s length price to fulfill transfer pricing norms. Typically, the loan raised by an overseas pharma subsidiary to pay for the asset is against guarantee or collateral given by the parent in India. Such a transaction is unacceptable to the RBI, which believes it’s in violation ... WebRBI’s Loan Restructuring Rules and Regulations. In light of the COVID-19 pandemic that caused an upheaval in the economy worldwide, the Reserve Bank of India (RBI) announced loan restructuring rules and regulations . This was to help lenders restructure the loans of all borrowers who may be unable to repay due to the pandemic. ios messenger for windows 11
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WebMar 3, 2024 · To achieve this, the Reserve Bank of India (“RBI”) has rolled out the Master Directions – RBI (Transfer of Loan Exposures) Directions, 2024 [1] (“Master Directions”) … Web2 days ago · The Reserve Bank of India (RBI) has announced draft norms on penal charges levied by banks and non-banking finance companies (NBFCs) on loan accounts to bring in transparency and to ensure such charges are reasonable. The regulator said the quantum of charges should be proportionate to default, for which threshold has to be determined by ... WebJan 10, 2024 · SEBI in its board meeting dated December 28, 2024 10 has also approved certain amendments in the AIF Regulations effectively paving way for a new category of … on thursdays we watch greys