sitemapHome | Registration | Job Portal for CA's | Expert Exchange | Currency Converter | Post Matrimonial Ads | Post Property Ads
News shortcuts: From the Courts | News Headlines | VAT (Value Added Tax) | Placements & Empanelment | Various Acts & Rules | Latest Circulars | New Forms | Forex | Auditing | Direct Tax | Customs and Excise | ICAI | Corporate Law | Markets | Students | General | Mergers and Acquisitions | Continuing Prof. Edu. | Budget Extravaganza | Transfer Pricing | GST - Goods and Services Tax
Latest Expert Exchange
Latest Circulars »
 Subsidiary General Ledger Account and Constituents' Subsidiary General Ledger Account: Eligibility Criteria and Operational Guidelines
 RBI imposes monetary penalty on on Deutsche Bank A.G
 RBI Announces OMO Purchase of Government of India Dated Securities Nov 13, 2018
 Directions under section 35A of the Banking Regulation Act, 1949 (AACS) - Sikar Urban Co-operative Bank Ltd; Sikar (Rajasthan)
 External Commercial Borrowings (ECB) Policy – Review of Minimum Average Maturity and Hedging Provisions
 RBI-Some Thoughts on Credit Risk and Bank Capital Regulation
 Partial Credit Enhancement to Bonds Issued by Non-Banking Financial Companies and Housing Finance Companies
 Alteration in the name of "Qatar National Bank SAQ" to "Qatar National Bank (Q.P.S.C.)" in the Second Schedule to the Reserve Bank of India Act, 1934
 RBI allows banks for fire audit of currency chests by approved agencies
 RBI launches Quarterly Order Books, Inventories and Capacity Utilisation Survey: July-September 2018 (Round 43)
  RBI-Fire Audit of Currency Chests - Clarification

RBI-Flexible Structuring of Long Term Project Loans to Infrastructure and Core Industries
January, 20th 2015

RBI/2014-15/413
DNBR.PD.CC.No.012/03.10.001/2014-15

January 19, 2015

All NBFCs

Dear Sirs,

Flexible Structuring of Long Term Project Loans to Infrastructure and Core Industries

Based on the announcement made in the Union Budget 2013-14, Reserve Bank issued guidelines to banks for flexible structuring and refinancing of fresh term loans to long term project loans to infrastructure and core industries vide circulars DBOD.No.BP.BC.24/ 21.04.132/2014-15 dated July 15, 2014 and DBR.No.BP.BC.53/21.04.132/2014-15 dated December 15, 2014.

2. NBFCs also are engaged in financing of long term project loans to infrastructure and core industries. While Reserve Bank’s extant instructions do not come in the way of NBFCs structuring long term project financing products, requests have been made by the industry, for extending the above guidelines to them. Accordingly, it has been decided to issue necessary directions to NBFCs.

3. The directions contained in the notifications of date amending the Non-Banking Financial (Deposit Accepting or Holding) Companies Prudential Norms (Reserve Bank) Directions, 2007 and Non-Banking Financial (Non-Deposit Accepting or Holding) Companies Prudential Norms (Reserve Bank) Directions, 2007 are enclosed for meticulous compliance.

Yours faithfully,

(A. Mangalagiri)
General Manager-in-Charge

Home | About Us | Terms and Conditions | Contact Us
Copyright 2018 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Binarysoft Technologies - Achievements

Transfer Pricing | International Taxation | Business Consulting | Corporate Compliance and Consulting | Assurance and Risk Advisory | Indirect Taxes | Direct Taxes | Transaction Advisory | Regular Compliance and Reporting | Tax Assessments | International Taxation Advisory | Capital Structuring | Withholding tax advisory | Expatriate Tax Reporting | Litigation | Badges | Club Badges | Seals | Military Insignias | Emblems | Family Crest | Software Development India | Software Development Company | SEO Company | Web Application Development | MLM Software | MLM Solutions