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CIC RBI NORMS
ET Exclusive: RBI blocks Tata Sons' bid to stay private, forcing listing of Rs 2.01 lakh crore giantThe Reserve Bank of India rejected Tata Sons' application to surrender its registration. This decision allows for the potential public list...
Tata Investment, Tata Chemicals rally up to 7% after RBI classifies Tata Sons as upper-layer NBFCTata Investment Corp and Tata Chemicals shares rallied up to 7% after the RBI classified Tata Sons among the 16 upper-layer NBFCs, reviving...
Listing cloud still hangs over Tata sons with NBFC-UL tagTata Sons is now an upper-layer NBFC, requiring its stock market listing. The Reserve Bank of India is reviewing its deregistration applica...
RBI classifies Tata Sons as Upper-Layer NBFC under revised frameworkThe Reserve Bank of India has classified Tata Sons as an Upper Layer NBFC. This classification follows revised norms for financial companie...
RBI's 'core company' tag puts many promoter entities in a quandaryCorporate entities are navigating a fresh mandate from the Reserve Bank of India, which has reclassified holding and strategic investment f...
RBI slaps Rs 62 lakh fine on Kotak Mahindra BankThe Reserve Bank of India has fined Kotak Mahindra Bank Rs 61.95 lakh. The penalty is for not following rules on basic savings accounts and...
RBI slaps penalties on Standard Chartered Bank-India, other entitiesThe Reserve Bank of India (RBI) has imposed penalties on several entities for failing to comply with regulatory norms. Standard Chartered B...
RBI slaps penalties on Standard Chartered Bank-India, other entities" A monetary penalty of Rs 30 lakh has been imposed on Standard Chartered Bank-India for non-compliance with certain provisions of the 'Res...
RBI imposes Rs 1.73 crore penalty on HSBCThe bank in contravention of the RBI's rules furnished incorrect credit information in respect of several expired credit cards with nil due...
Reliance Capital to be divided into four entities? New proposal surprises manyAs per sources cited by PTI, the sole objective of restructuring is to "help the bidders of RCAP's insurance businesses circumvent the IRDA...
IL&FS Impact: RBI tighens CIC regulationsThe recommendations are from a committee formed under former corporate affairs secretary, Tapan Ray which was formed to suggest a new regul...
RBI tightens norms for core investment companiesIt also restricted the number of layers of CICs within a Group, including the parent CIC) to two, in order to address the complexity in gro...
Decks cleared for foreign venture funds into infra spaceInvestment worth at least Rs 7,000-8,000 crore are expected to flow into the Indian infrastructure space in the immediate future itself thr...
Sebi proposes allowing foreign VCs in infra investment firmsSebi today proposed allowing Foreign Venture Capital Investors (FVCIs) in Core Investment Companies (CICs) for infrastructure sector to hel...
RBI releases entry norms for core investment companies into insurance businessThe Reserve Bank of India has allowed core investment companies or CICs to set up a joint venture company for undertaking insurance busines...
- RBI should reconsider its norms for core investment companies
A non-banking finance company (NBFC) is required to register with the Reserve Bank of India (RBI) and comply with the net-owned fund (NOF) ...
Holding cos will now come under new RBI regulationsRBI to monitor holding cos separately, set guidelines by month end.