RBI Compliance Checklist

[Chetan Mandlia]

Dear Professional,

Can any one provide me the latest updated RBI Compliance checklist.?

Early response from all of you is highly appreciated.

Thanks in advance

Best Regards,

Chetan Mandlia
Practisting Company Secretary, Mumbai
9833276083

[Alka Khandelwal]

Plz find enclosed the check list

 

thanks/regards

Alka

[Priti Astarag Patnaik]

Hi,

 

as per RBI circular DNBS (PD) C.C. No. 79 / 03.05.002/ 2006-07 datedSeptember 21, 2006

NBFC is also required to furnish  a certificate from their Statutory Auditors every year ended 31st march, to the effect that they continue to undertake the business of NBFI requiring holding of CoR under Section 45-IA of the RBI Act, 1934.

this is in addition to the checklist.

other circulars relating to Fair practice code and excessive interest charging by NBFC are also to be taken care

--
with regards,

Mr. Priti Astarag Patnaik

[shailesh goyal]

Further, Board Resolution in relation to non acceptance of public deposit shall be passed within one month of commencement of new financial year instead of before commencement of new financial year ie. on or before 30th April every year..

 

Regards