Updates

The Master Direction – Non-Banking Financial Companies Auditor’s Report (Reserve Bank) Directions, 2016 mandates auditors of NBFCs to furnish specific reports to the RBI, ensuring transparency and regulatory compliance. These directions aim to enhance the quality of financial reporting and facilitate effective supervision of NBFCs.

The Master Direction – Non-Banking Financial Company Returns (Reserve Bank) Directions, 2016 outlines the regulatory framework for the submission of various returns by NBFCs to the Reserve Bank of India. These directions aim to ensure timely and accurate reporting, facilitating effective supervision and monitoring of the NBFC sector.

The Master Direction – Miscellaneous Non-Banking Companies (Reserve Bank) Directions, 2016 provides a regulatory framework for miscellaneous non-banking companies (MNBCs) in India. It outlines guidelines on deposit acceptance, interest rates, repayment terms, and reporting requirements to ensure financial stability and protect depositor interests.