RBI/DNBS/2016-17/47
Master Direction DNBS.PPD.02/66.15.001/2016-17
September
29, 2016
NOTIFICATION
Master
Direction- Non-Banking Financial Company Returns (Reserve Bank) Directions,
2016
In exercise of the powers
conferred by sections 45 JA, 45K, 45L and 45M of the Reserve Bank of India
Act, 1934 (hereinafter referred to as the RBI Act), and of all the powers
enabling it in this behalf, the Reserve Bank of India (hereinafter referred
to as the Bank) being satisfied that it is necessary and expedient in the
public interest and being satisfied that for the purpose of enabling the
Bank to regulate the credit system to the advantage of the country to do
so, and in supersession of the Master Circular on returns submitted by the
NBFCs, hereby, issues Non-Banking Financial Company Returns (Reserve Bank)
Directions, 2016 (the Directions)
hereinafter specified.
Index
Chapter I –
Preliminary
|
Chapter II –
Introduction
|
Chapter III –
Returns to be submitted by NBFCs
|
Chapter IV –
Reporting by Miscellaneous Non-Banking Company
|
Chapter V –
Interpretations
|
Chapter VI – Repeal
Provisions
|
Annex
|
Annex I - Format of
Statutory Auditors’ Certificate (SAC)
|
Annex II - Format
of Quarterly Return to be submitted by NBFCs having overseas Investment
|
Annex III - Format
of Half-yearly Statement of Interest Rate Futures transactions for the
purpose of hedging by NBFCs
|
Chapter
– I
Preliminary
1 Short Title and Commencement.
a.
These
Directions shall be called Non-Banking Financial Company Returns (Reserve
Bank) Directions, 2016.
b.
These
directions shall come into force with immediate effect.
Chapter
– II
Introduction
1. All the NBFCs shall put in
place a reporting system for filing various returns within the prescribed
timeframe.
2. Submission of return should
not be delayed for any reason such as the finalization/completion of the
Audit of the annual accounts.
3. The compilation of the Return
should be on the basis of the figures available in the books of account of
the company.
4. The returns shall be filed
on-line by an authorised official of the NBFC, who will be specifically
authorised in this regard by the Board of Directors.
5. The NBFCs shall strictly
adhere to the timeframe fixed in this direction for submitting returns to
the Bank failing which concerned NBFCs would be liable for penal action as
prescribed under the provisions of Chapter V of
the RBI Act.
6. It may be carefully noted
that in case the information/particulars furnished by a NBFCs is found
incorrect, Reserve Bank of India would take a serious view in the matter.
Chapter
– III
Returns to be submitted by NBFCs
The Non Banking Financial
Companies (NBFCs) are required to submit various returns to the Bank w.r.t
their deposit acceptance, prudential norms compliance, ALM etc. The lists
of such returns to be submitted by the NBFCs are as under:
1. NBS-1 Return (on Financial
Indicators by deposit taking NBFCs):
With reference to Master
Direction – Non Banking Financial Company – Systemically Important - Non
Deposit taking and Deposit taking Company (Reserve Bank) Direction 2016,
all NBFCs accepting/holding public deposits are required to submit NBS-1
return on a quarterly basis.
Purpose: -To capture financial
details, viz. components of Assets and Liabilities, Profit and Loss
account, Exposure to sensitive sectors etc.
2. NBS-2 Return (on Prudential
Norms by deposit taking NBFCs):
With reference to Master
Direction – Non Banking Financial Company – Systemically Important Non
Deposit taking and Deposit taking Company (Reserve Bank) Direction 2016,
all NBFCs accepting/holding public deposits are required to submit NBS-2
return on a quarterly basis.
Purpose:- To capture compliance
with various prudential norms, e.g. Capital Adequacy, Asset Classification,
Provisioning, NOF etc.
3. NBS-3 Return (on Liquid
Assets by deposit taking NBFCs):
With reference to the provisions
of section 45IB (2) of the RBI Act, all NBFCs accepting/holding public
deposits are required to submit NBS-3 return on a quarterly basis.
Purpose: - To capture details of
Statutory Investments in Liquid Assets (Central/State Government
Securities, Fixed Deposits in Scheduled Commercial Bank etc.)
4. NBS-4 Return (on status of
public deposits by NBFCs whose CoR is rejected by the Bank):
To be submitted by NBFCs
accepting/holding public deposits on an annual basis, whose CoR has been
rejected by the Bank.
Purpose:- To know the repayment
status of public deposits of rejected NBFCs- D this return is being called
for.
5. Asset-Liability Management
(ALM) Return (for deposit taking NBFCs):
To be submitted by NBFCs accepting/holding
Public Deposits with asset base of ? 100 crore & more, or holding
public deposits of ? 20 crore or more (irrespective of their asset size),
as per their latest audited balance sheet as of 31st March. The periodicity
of the Asset-Liability Management Return shall be half-yearly.
Purpose: -To address concerns
regarding Asset Liability mismatches and interest rate risk exposures, an
ALM System was introduced for the deposit taking NBFCs as part of their
overall system for effective risk management.
6. NDSI_500cr return (on
Important Financial Parameters):
With reference to Master
Direction – Non Banking Financial Company – Systemically Important Non
Deposit taking and Deposit taking Company (Reserve Bank) Direction 2016,
all NBFCs-ND-SI are required to submit NDSI 500cr return on a quarterly
basis.
Purpose: - To capture financial
details, viz. components of Assets and Liabilities, Profit and Loss
account, Exposure to sensitive sectors, sectoral deployment of credit etc.
7. NBS-7 (on Prudential Norms by
NBFCs-ND-SI):
With reference to Master
Direction – Non Banking Financial Company – Systemically Important Non
Deposit taking and Deposit taking Company (Reserve Bank) Direction 2016,
all NBFCs-ND-SI are required to submit NBS-7 return on a quarterly basis.
Purpose: - To capture compliance
with various prudential norms, e.g. Capital Adequacy, Asset Classification,
Provisioning, NOF etc.
8. Asset-Liability Management
(ALM) Returns (for NBFCs-ND-SI):
Multiple Returns are to be
submitted by NBFCs-ND-SI at various intervals as given below:
a. Statement of short term
dynamic liquidity [NBS-ALM1] – Quarterly
b. Statement of structural liquidity [NBS-ALM2] – Half Yearly
c. Statement of Interest Rate Sensitivity [NBS-ALM3] – Half Yearly
d. Statement on Assets Liability Mismatch [ALM-YRLY] – Annually
Purpose: - To address concerns
regarding Asset Liability mismatches and interest rate risk, an ALM System
was introduced for the NBFC-ND-SI as part of their overall system for
effective risk management.
9. Statutory Auditors
Certificate (SAC):
Every NBFC shall submit a
Certificate from its Statutory Auditor every year to the effect that it is
engaged in the business of non-banking financial institution requiring it
to hold a Certificate of Registration granted under section 45-IA of the RBI
Act.
With a view to ensure
consistency in the manner in which the information is received from the
Auditors, a uniform format of the SAC has been prescribed. The NBFC would
need to fill in the information, as applicable, in COSMOS. Thereafter, the
SAC needs to be scanned and uploaded in COSMOS under the menu “Upload
Report”. The format of the SAC is given in Annex
1.
Purpose: To ensure continued
regulatory compliance.
10. Branch Information Return
(for NBFC-D &NBFC-ND-SI):
To be submitted by NBFCs-ND-SI
and NBFCs accepting/holding public deposits, on a quarterly basis.
Purpose: To capture the reach
and geographical spread of NBFCs.
11. Certificate on compliance with
FDI norms:
The NBFCs having Foreign Direct
Investment are required to submit a Certificate from their Statutory
Auditor on a half-yearly basis certifying compliance with the existing
terms and conditions of FDI, to the Regional Office in whose jurisdiction
the registered office of the company is located.
Purpose: To capture compliance
with the stipulated minimum capitalization norms and that its activities
are restricted to the activities prescribed under FEMA.
12. Overseas Investment Return:
The NBFCs (both deposit taking
and non-deposit taking) having overseas investment are required to submit
the Overseas Investment Return on a quarterly basis to the Regional Office
in whose jurisdiction the registered office of the company is located, and
also to the Department of Statistics and Information Management (DSIM),
Central Office, Mumbai. The format of the Overseas Investment Return is
given in Annex 2.
In addition to the above, an
annual certificate from statutory auditors shall be submitted by the NBFCs
to the concerned Regional Office of the Bank, certifying that it has fully
complied with all the conditions stipulated under Master Direction – Non
Banking Financial Company – Systemically Important Non Deposit taking and
Deposit taking Company (Reserve Bank) Direction 2016.
Purpose: To capture details on
overseas investment by NBFCs.
13. ARC Return:
To be submitted by Asset
Reconstruction Companies registered with the Bank on a quarterly basis.
Purpose: To capture financial
parameters and various operational details e.g. assets (NPA) acquired,
acquisition cost, their recovery status etc.
14. NBS-8 Return (on Financial
Indicators by NBFCs with asset size between ? 100 crore and ? 500 crore):
To be submitted by NBFCs
(non-deposit taking) with assets size between ? 100 crore to ? 500 crore on
an annual basis.
Purpose: - To capture profile
information and financial details, viz. components of Assets and
Liabilities, Profit and Loss account, Exposure to sensitive sectors, Branch
Information etc.
15. NBS-9 Return (on Financial
Indicators by NBFCs with asset size below ? 100 crore):
To be submitted by NBFCs
(non-deposit taking) with assets size below ? 100 crore on an annual basis.
Purpose: - To capture profile
information and financial details, viz. components of Assets and
Liabilities, Profit and Loss account, Branch Information etc.
16. NBS-1A & NBS-3A Returns
(on Financial Indicators by RNBCs)
To be submitted by Residuary
Non-Banking Companies (RNBCs) on a quarterly basis.
Purpose: - To capture financial
details, viz. components of Assets and Liabilities, Profit and Loss
account, Exposure to sensitive sectors, Statutory Investments in Liquid
Assets etc.
17. CRILC & SMA-2 Return (on
early Recognition of Stress on large accounts)
All NBFCs-ND-SI, NBFCs-D and
NBFC-Factors are required to report the CRILC return on a quarterly basis
online through XBRL application (https://125.18.33.234/orfsxbrl/customer/index.jsp).
The data includes credit information on all the borrowers having aggregate
fund-based and non-fund based exposure of ? 5 crore and above with them and
the SMA status of the borrower. It may be noted that there is no need to
submit ‘Nil’ returns.
Further, the concerned NBFCs are
required to report all the SMA-2 accounts (as defined in the Master
Direction – Non Banking Financial Company – Systemically Important Non
Deposit taking and Deposit taking Company (Reserve Bank) Direction, 2016)
on the Friday of the week when the relevant account first came in SMA-2
category. If Friday happens to be a holiday, they will report the same on
the preceding working day of the week.
Purpose: To facilitate early
Recognition of Financial Distress, Prompt Steps for Resolution and Fair
Recovery for Lenders.
18. Statement on Interest Rate
Futures transaction
NBFCs participating in IRF exchanges
for hedging their underlying exposures are required to submit the half
yearly statement, in the format given in Annex-3,
to the Regional office of the Department of Non-Banking Supervision in
whose jurisdiction their company is registered, within a period of one
month from the close of the half year.
Purpose: To know the extent of
participation of NBFCs in Interest rate Future market.
Note: The Bank has hosted the
formats of returns viz., NBS-1, NBS-2, NBS-3, NBS1A, NBS3A, NBS-7, NBS-8,
NBS-9, ALM return, Branch Information return, SCRC return, Statutory
Auditor Certificate on the Bank's website, viz, https://cosmos.rbi.org.in. Concerned NBFCs are
required to file the specified returns online through COSMOS application.
NBFCs-D -> Deposit taking
Non-Banking Financial Companies (NBFCs);
NBFCs-ND->Non-Deposit taking
NBFCs NBFCs- ND-SI -> Individual Non-Banking Financial Companies (NBFCs)
not accepting/holding public deposits and having asset sizes of ? 500 crore
and above (also termed as Systemically Important NBFCs or in short
NBFCs-ND-SI) RNBCs ->Residuary Non Banking Companies
The details of returns and their
periodicity across distinct categories of NBFCs are consolidated in the
following table.
A. Details of returns to be
submitted by NBFCs-D:-
Sr.
|
Name
of the Return
|
Periodi-city
|
Reference
Date
|
Reporting
Time
|
Due
on
|
Remarks
|
1
|
NBS1
|
Quarterly
|
31st March/
30th June/
30th Sept./
31st Dec.
|
15 days
|
15th April/
15th July/
15th Oct./
15th Jan.
|
|
2
|
NBS2
|
Quarterly
|
31st March/
30th June/
30th Sept./
31st Dec.
|
15 days
|
15th April/
15th July/
15th Oct./
15th Jan.
|
|
3
|
NBS3
|
Quarterly
|
31st March/
30th June/
30th Sept./
31st Dec.
|
15 days
|
15th April/
15th July/
15th Oct./
15th Jan.
|
|
4
|
ALM (NBFC-D)
|
Half yearly
|
31st March/
30th Sept.
|
30 days
|
30th April/
30th Oct.
|
NBFCs-D having public deposit
of > ? 20 crore Or asset size of> ? 100 crore
|
5
|
Branch Information return
|
Quarterly
|
31st March/
30th June/
30th Sept./
31st Dec.
|
15 days
|
15th April/
15th July/
15th Oct./
15th Jan.
|
|
6
|
Statutory Auditor Certificate
|
Annual
|
31st March
|
One month from the date of
finalisation of Balance Sheet
|
Not later than 31st December
|
7
|
Reporting to Central
Repository of Information on Large Credits (CRILC)
|
Quarterly
|
31st March/
30th June/
30th Sept./
31st Dec.
|
21 days
|
21st April/
21st July/
21st Oct/
21st Jan
|
|
8
|
Reporting of Special Mention
Account status (SMA-2 return)
|
Weekly
|
On Every Friday
|
|
|
|
9
|
Statutory Auditor Certificate
|
Annual
|
31st March
|
One month from the date of
finalisation of Balance Sheet. Not later than 31st December.
|
|
B. Details of returns to be
submitted by NBFC-ND-SI:-
Sr.
No
|
Name
of the Return
|
Periodicity
|
Reference
Date
|
Reporting
Time
|
Due
on
|
1
|
NBS7
|
Quarterly
|
31st March/
30th June/
30th Sept/
31st Dec.
|
15 days
|
15th April/
15th July/
15th Oct./
15th Jan.
|
2
|
NBFCs-ND-SI 500cr
|
Quarterly
|
31st March/
30th June/
30th Sept./
31st Dec.
|
15 days
|
15th April/
15th July/
15th Oct./
15th Jan.
|
3
|
ALM-1
|
Quarterly
|
31st March/
30th June/
30th Sept./
31st Dec.
|
15 days
|
15th April/
15th July/
15th Oct./
15th Jan.
|
4
|
ALM-2 & 3
|
Half yearly
|
31st March/
30th Sept.
|
30 days
|
30th April/
30th Oct.
|
5
|
ALM-(NBFC-ND-SI)
|
Annual
|
31st March
|
15 days
|
15th April
|
6
|
Branch Info return
|
Quarterly
|
31st March/
30th June/
30th Sept./
31st Dec.
|
15 days
|
15th April/
15th July/
15th Oct./
15th Jan.
|
7
|
Reporting to Central
Repository of Information on Large Credits (CRILC)
|
Quarterly
|
31st March/
30th June/
30th Sept./
31st Dec.
|
21 days
|
21st April/
21st July/
21st Oct/
21st Jan
|
8
|
Reporting of Special Mention
Account status (SMA-2 return)
|
Weekly
|
On Every Friday
|
|
|
9
|
Statutory Auditor Certificate
|
Annual
|
31st March
|
One month from the date of
finalisation of Balance Sheet. Not later than 31st December.
|
C. Details of returns to be
submitted by NBFC-ARC:-
Sr.
No
|
Name
of the Return
|
Periodicity
|
Reference
Date
|
Reporting
Time
|
Due
on
|
1
|
ARC
|
Quarterly
|
31st March/
30th June/
30th Sept./
31st Dec.
|
15 days
|
15th April/
15th July/
15th Oct./
15th Jan.
|
2
|
Statutory Auditor Certificate
|
Annual
|
31st March
|
One month from the date of
finalisation of Balance Sheet. Not later than 31st December.
|
D. Details of returns to be
submitted by NBFC-ND-having asset size of ? 100 crore - ? 500 crore
Sr
No
|
Name
of the Return
|
Periodicity
|
Reference
Date
|
Reporting
Time
|
Due
on
|
1
|
NBS-9
|
Annual
|
31st March
|
60 days
|
30th May
|
2
|
Statutory Auditor Certificate
|
Annual
|
31st March
|
One month from the date of
finalisation of Balance Sheet. Not later than 31st December.
|
E. Details of returns to be
submitted by NBFC-ND-having asset size below ? 100 crore
Sr
No
|
Name
of the Return
|
Periodicity
|
Reference
Date
|
Reporting
Time
|
Due
on
|
1
|
NBS-8
|
Annual
|
31st March
|
60 days
|
30th May
|
2
|
Statutory Auditor Certificate
|
Annual
|
31st March
|
One month from the date of
finalisation of Balance Sheet. Not later than 31st December.
|
F. Details of returns to be
submitted by RNBCs
Sr
No
|
Name
of the Return
|
Periodicity
|
Reference
Date
|
Reporting
Time
|
Due
on
|
1
|
NBS1A
|
Annual
|
31st March
|
6 months
|
30th Sept
|
2
|
NBS3A
|
Quarterly
|
31st March/
30th June/
30th Sept./
31st Dec.
|
15 days
|
15th April/
15th July/
15th Oct./
15th Jan.
|
3
|
Statutory Auditor Certificate
|
Annual
|
31st March
|
One month from the date of
finalisation of Balance Sheet. Not later than 31st December.
|
G. Other Returns by concerned
NBFCs
Sr
No
|
Name
of the Return
|
Periodicity
|
Reference
Date
|
Reporting
Time
|
Due
on
|
1
|
Return on FDI
|
Half yearly
|
31st March/
30th Sept.
|
30 days
|
30th April/
30th Oct.
|
2
|
Overseas Investments
|
Quarterly
|
31st March/
30th June/
30th Sept./
31st Dec.
|
Within 15 days
|
15th April/
15th July/
15th Oct./
15th Jan.
|
Chapter
IV
Reporting of Miscellaneous Non-Banking Company
1. Every miscellaneous
non-banking company shall deliver to the Reserve Bank an audited balance
sheet as on the last date of each financial year and an audited profit and
loss account in respect of that year as passed by the company in general
meeting together with a copy of the report of the Board of Directors laid
before the company in such meeting in terms of section 217(1) of the
Companies Act, 1956 (1 of 1956) within fifteen days of such meeting.
2. Without prejudice to the
provisions of above paragraph, every miscellaneous non-banking company
[holding or accepting deposits] shall submit to the Reserve Bank an annual
return furnishing the information specified in the format given.
The format of return is available
on https://www.rbi.org.in/Scripts/BS_ViewNBFCForms.aspx
3. (i) Every miscellaneous
non-banking company shall, not later than one month from the coming into
force of these directions or from the commencement of business, whichever
is later, deliver to the Reserve Bank, a written statement containing a
list of:-
(a) the names and the official
designations of its principal officers;
(b) the names and residential
addresses of the directors of the company; and
(c) the specimen signature of
the officers authorised to sign on behalf of the company, returns specified
in sub-paragraph (1)
(ii) any change in the list
referred to in clause (i) of this sub-paragraph shall be intimated to the
Reserve Bank within one month from the occurrence of such change.
4. Any balance sheet, returns or
information required to be submitted or furnished to the Reserve Bank in
pursuance of these directions shall be submitted or furnished to the Regional
Office of the [Department of Non Banking Supervision] of the Reserve Bank
within whose jurisdiction the registered office of the company is located.
Chapter
V
Interpretation
For the purpose of giving effect
to the provisions of the Directions, the Bank may, if it considers
necessary, issue necessary clarifications in respect of any matter covered
herein and the interpretation of any provision of the Directions given by
the Bank shall be final and binding on all the parties concerned. Violation
of these Directions shall invite penal action under the provisions of RBI
Act. Further, these provisions shall be in addition to, and not in
derogation of the provisions of any other laws, rules, regulations or
directions, for the time being in force
Chapter
VI
Repeal Provisions
1. With the issuance of this
directions, the instructions / guidelines contained in the circulars
mentioned in the Appendix (below),
issued by the Bank stand repealed.
2. All approvals /
acknowledgements given under the above circulars shall be deemed as given
under the directions.
3. All the repealed circulars
are deemed to have been in force prior to the coming into effect of these
directions.
Appendix
List
of Circulars or part thereof repealed with the issuance of Master
Direction.
Name of the Return
|
Circulars & Notifications
No.
|
NBS1
|
CC NO.243 dated
September 22, 2011 & Notification
No.DFC.118/DG (SPT)-98 dated January 31, 1998
|
NBS2
|
CC NO.243 dated
September 22, 2011 & Notification No. DNBS. 192/DG (VL)-2007 dated February
22, 2007
|
NBS3
|
Notification No DFC(COC)
No.108.ED(JRP)/97 dated April 30, 1997
|
NBS7
|
CC NO.243 dated
September 22, 2011 & DNBS.PD/CC.No. 93/03.05.002/2006-07 dated April 27,
2007
|
ALM (NBFC-D)
|
DNBS
(PD).CC.No.15/02.01/2000-2001 dated June 27, 2001
|
NBFCs-ND-SI 500cr
|
DNBS(RID)C.C.No.57/02.05.15/2005-06
dated September 6, 2005
|
ARC
|
DNBS(PD).CC.No.34/SCRC/26.03.001/2013
dated December 31, 2013
|
ALM-1
|
Notification
No.DNBS.200/CGM(PK)-2008 dated August 1, 2008
|
ALM-2 & 3
|
ALM(NBFC-ND-SI)
|
NBS-8
|
DNBS
(IT).CC.No.02/24.01.191/2015-16 dated July 09, 2016
|
NBS-9
|
DNBS
(IT).CC.No.02/24.01.191/2015-16 dated July 09, 2016
|
Branch Info return
|
Notification
No.DNBS.(PD): 262/2013-14 dated September 3, 2013
|
NBS1A
|
CC NO.243 dated
September 22, 2011 & Notification
No.DFC.118/DG(SPT)-98 dated January 31, 1998
|
NBS3A
|
Notification No DFC(COC)
No.108.ED(JRP)/97 dated April 30, 1997
|
Statuary auditor certificate
|
DNBS(PD)C.C.No.79/03.05.002/2006-07
September 21, 2006 andDNBS(PD)C.C.No.81/03.05.002/2006-07 dated October 19,
2006
|
Return on FDI
|
DNBS(PD).CC.No
167/03.10.01/2009-10 dated February 04, 2010
|
Reporting to Central
Repository of Information on Large Credits (CRILC)
|
DNBS(PD)
CC.No.371/03.05.02/2013-14 dated March 21, 2014
|
Reporting of Special Mention
Account status
|
Overseas investment.
|
Notification No.
DNBS.(PD)229/CGM(US)-2011 dated June 14, 2011
|
Annex-1
Format
of Statutory Auditors’ Certificate (SAC)
(On the letter head of the
Statutory Auditors of the company)
We have examined the books of
accounts and other records of -------------------- (Name of company) for
the Financial Year ending March 31, 20...... On the basis of the
information submitted to us, we certify the following:
(Write NA whichever is Not
applicable)
Sl.
|
Particulars
|
Details
|
1
|
Name of the company
|
|
2
|
Certificate of Registration
No.
|
|
3
|
Registered office Address
|
|
4
|
Corporate office Address
|
|
5
|
The company has been
classified by RBI as :
(Investment Company/Loan Company/AFC/NBFC-MFI/ NBFC- Factor/ IFC/ IDF-
NBFC)
|
|
6
|
Net Owned Fund (in Rs.
Crore)
(Calculation of the same is given in the Annex)
|
|
7
|
Total Assets (in Rs. Crore)
|
|
8
|
Asset-Income pattern:
(in terms of RBI Press Release 1998-99/1269 dated April 8, 1999)
a) % of Financial Assets to Total Assets
b) % of Financial Income to Gross Income
(NBFC-Factor / NBFC-MFI / AFC / IFC may also report separately below)
|
|
9
|
Whether the company was
holding any Public Deposits, as on March 31, ____?
If Yes, the amount in Rs. Crore
|
(Yes/No)
|
10.
|
Has the company transferred a
sum not less than 20% of its Net Profit for the year to Reserve Fund?
(in terms of Sec 45-IC of the RBI Act, 1934).
|
(Yes/No/NA)
|
11
|
Has the company received any
FDI?
If Yes, did the company comply with the minimum capitalization norms for
the FDI?
|
(Yes/No)
|
12
|
If the company is classified
as an NBFC-Factor;
a) % of Factoring Assets to Total Assets
b) % of Factoring Income to Gross Income
|
|
13
|
If the company is classified
as an NBFC-MFI;
% of Qualifying Assets to Net Assets
(refer to Notification DNBS.PD.No.234 CGM
(US) 2011 dated December 02, 2011)
|
|
14
|
If the company is classified
as an AFC;
a) % of Advances given for creation of physical/real assets supporting
economic activity to Total Assets
b) % of income generated out of these assets to Total Income
|
|
15
|
If the company is classified
as an NBFC-IFC
% of Infrastructure Loans to Total Assets
|
|
16
|
Has there been any
takeover/acquisition of control/ change in shareholding/ Management
during the year which required prior approval from RBI?
(please refer to Master Directions issued by DNBR
i) Master Direction - Non-Banking Financial Company – Non-Systemically
Important Non-Deposit taking Company (Reserve Bank) Directions ; and
ii) Master Direction - Non-Banking Financial Company - Systemically
Important Non-Deposit taking Company and Deposit taking Company (Reserve
Bank) Directions.)
|
(Yes/No)
If yes, please specify.
|
In terms of Chapter II of the Master Direction- Non
Banking financial Companies Auditor’s Report (Reserve bank) Directions,
2016, a separate report to the Board of Directors of the company has been
prepared.
I have read and understood Chapter III of the Master Direction- Non
Banking financial Companies Auditor’s Report (Reserve bank) Directions,
2016.
Signature and Stamp of the
Statutory Auditor:
Date:
____________
Place:
___________
Annex-2
Quarterly
Return to be submitted by NBFCs having overseas Investment -
March 31st / June 30th / September 30th / December 31st
Sr.
No.
|
Name
of the WOS / JV (for JV, indicate names of partners)
|
Country
and date of incorporation
|
Date
of NoC from DNBS
|
Business
undertaken
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Sr.
no.
|
Parameters
at end of period
|
a)
|
CRAR :
|
b)
|
NoF :
|
c)
|
Net Profit of the NBFC as per
the last audited balance sheet :
|
d)
|
Amount of remittance made to
the WOS / JV during the quarter :
|
|
Name of the WOS / JV
|
Amount remitted
|
|
|
|
|
|
|
|
e)
|
Cumulative investment (equity
/ fund based commitment) in the WOS / JV at the end of the quarter
(amount and as percentage of owned funds of the NBFC) :
|
Name of the WOS / JV
|
Amount remitted and as % of owned funds including
step down subsidiaries if any
|
|
|
|
|
|
|
|
f)
|
Aggregate overseas investment
of the NBFC as percentage of NoF of the NBFC :
|
h)
|
Whether the overseas WOS / JV
is regulated in the host country. If yes :
|
Name of the regulator
|
Any regulatory visits made during the reporting
period
|
Concerns expressed by the regulator
|
Any regulatory changes during the period which would
impact the business of the subsidiary
|
Fines / penalties levied by the overseas regulator,
if any
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
j)
|
Nature of support extended to
the JV / WOS by the parent NBFC during the quarter including Guarantee,
Letter of Comfort (Also mention whether any other kind of support were
given including technical knowledge) :
|
Name of the WOS / JV
|
Nature of support
|
|
|
|
|
|
|
|
k)
|
Returns obtained from the WOS
/ JV during the quarter
|
Name of the WOS / JV
|
Returns obtained
|
|
|
|
|
|
|
|
l)
|
Financial details of JV / WOS
|
Name of the WOS / JV
|
Net profit
|
Asset size (Details of significant items of assets
and liabilities may be attached)
|
|
|
|
|
|
|
|
Annex-3
Interest
Rate futures transactions for the purpose of hedging by NBFCs – Statement
for the Half-year ended……….
Name of the NBFC:
Interest
Rate Futures
|
No.
of transactions
|
Notional
principal amount in Rs
|
Short
|
|
|
Long
|
|
|
Authorised signatory
|