Tag Archives: nbfc

NBFCs regulations revised: RBI

The Reserve Bank of India has revised regulations for non-banking finance companies (NBFCs). http://goo.gl/nd1bGf

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Sub clause (a) Sec 2(1)(o) SARFAESI Act violates Article 14: GHC

Declaring sub clause (a) of Section 2(1)(o) of The Securitisation And Reconstruction Of Financial Assets And Enforcement Of Security Interest Act, 2002 (“Act”) as discriminatory, a Division Bench of the Gujarat High Court recently ruled that creditors should not be … Continue reading

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RBI directed to examine the reasonableness of rate of interest charged by lenders: DHC

In what may be an important ruling affecting borrowers of loans from Non-Banking Financial Companies (NBFC), the Delhi High Court directed Reserve Bank of India (RBI) to examine whether the rate of interest being charged and foreclosure charges, if any, … Continue reading

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“Circular 1 of 2012”- India’s Consolidated FDI Policy Document

The consolidated FDI policy document is a single reference point for investors and regulators. The first such consolidation was released in March, 2010 after which it has been updated every six months.  This ‘Circular 1 of 2012’-is the fifth edition … Continue reading

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