Free Demo Request

Guidelines for Relief Measures by NBFCs in areas affected by Natural Calamities

RBI/2016-17/28
DNBR (PD) CC.No.083/03.10.001/2016-17

July 28, 2016

All Non-Banking Financial Companies

Madam/ Sir,

Guidelines for Relief Measures by NBFCs in areas affected by Natural Calamities

The Reserve Bank has issued guidelines to banks in regard to matters relating to relief measures to be provided in areas affected by natural calamities videFIDD.No.FSD.BC.52/05.10.001/2014-15 dated March 25, 2015FIDD No.FSD.BC.12/05.10.001/2015-16 dated August 21, 2015 andFIDD.No.FSD.BC.27/05.10.001/2015-16 dated June 30, 2016.

2. It has been decided to extend the above mentioned guidelines, mutatis mutandis, to NBFCs, in areas affected by natural calamities as identified for implementation of suitable relief measures by the institutional framework viz., District Consultative Committee/ State Level Bankers’ Committee.

Yours faithfully

(C.D. Srinivasan)
Chief General Manager

 

High-volume of Loyal
and Trusted Customers!

We feel pride in offering our customers the wide range of products of the top leading brands of the world.

BCG
Binani
Godrej
Induslnd Bank
Indian Oil
ITC Limited
Jindal Steel Power
Milton
Paharpur
Philips
Reliance
TATA Chemicals Limited
The Times of India
Wipro
Yamaha
Dalmia Bharat Cement
JCB
Pernod Ricard