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 »
  RBI releases draft “Enabling Framework for Regulatory Sandbox”
 RBI-Minutes of the Monetary Policy Committee Meeting April 2-4, 2019
 RBI releases draft “Enabling Framework for Regulatory Sandbox”
 Directions under Section 35A read with Section 56 of the Banking Regulation Act, 1949 (AACS) –The City Co-operative Bank Ltd., Mumbai, Maharashtra-Extension of period
 RBI-Conversion of Government of India (GoI)’s Securities
 Notification No. 35/2019 Central Board of Direct Taxes
 RBI-Licensing as Authorised Dealer- Category II
 Exclusion of “DBS Bank Ltd” from the Second Schedule of the Reserve Bank of India Act, 1934
 20 LPA-Opening Assistant General Manager/deputy General Manager- F&A
 Notification No. 34/2019 Central Board Of Direct Taxes
 Notification No. 33/2019 Central Board Of Direct Taxes

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 2019 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