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PP of NCDs (More Than One Year)
PP of NCDs (More Than One Year)
PP of NCDs (More Than One Year)
RBI/2014-15/475
DNBR (PD) CC No.021/03.10.001/2014-15 February 20, 2015
Dear Sirs,
3. The revised guidelines are enclosed in the Annex. It may be noted that the
provisions of Companies Act, 2013 and Rules issued thereunder shall be applicable
wherever not contradictory.
Yours faithfully,
(M. S. Gharde)
General Manager-in-Charge
Š¸¾£ ¤¸¾¢ˆ¿ÅŠ¸ िविनयमन ¢¨¸ž¸¸Š¸ , ˆ½¿ÅÍú¡¸ ˆÅ¸¡¸¸Ä¥¸¡¸, 2£ú Ÿ¸¿¢¸¥¸, ¬¸½›’£ I, ¨¸¥”Ä ’ï½” ¬¸½¿’£, ˆÅûÅ œ¸£½”, Ÿ¸º¤¸¿ƒÄ-400 005
ûŸ½›¸:22182526, û¾ÅƬ¸:22162768 ƒÄ-Ÿ¸½¥¸:cgmicdnbsco@rbi.org.in
__________________________________________________________________________________________________________
Department of Non-Banking Regulation, Central Office, 2nd Floor, Centre I, WTC, Cuffe Parade, Mumbai – 400 005
Tel No:22182526, Fax No:22162768 Email :cgmicdnbsco@rbi.org.in
The Reserve Bank of India, having considered it necessary in public interest and
being satisfied that, for the purpose of enabling the Bank to regulate the credit
system to the advantage of the country, it is necessary to amend the Non-Banking
Financial Companies Acceptance of Public Deposits (Reserve Bank) Directions
(Notification No. DFC. 118/DG(SPT)-98 dated January 31, 1998) (hereinafter
referred to as the ‘said Directions’) , in exercise of the powers conferred by section
45J, 45K, 45L and 45 MA of the Reserve Bank of India Act, 1934 (2 of 1934) and of
all the powers enabling it in this behalf, hereby directs that the said Directions shall
be amended with immediate effect as follows, namely-
(M. S. Gharde)
General Manager-in-Charge