Master Direction – Residuary Non-Banking Companies (Reserve Bank) Directions, 2016 (Updated as on February 22, 2019)

The Master Direction – Residuary Non-Banking Companies (Reserve Bank) Directions, 2016 (updated as on February 22, 2019) provides a regulatory framework for Residuary Non-Banking Companies (RNBCs) in India. These guidelines establish norms on deposit acceptance, capital adequacy, repayment terms, and reporting requirements to ensure financial stability and protect depositor interests.

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