RBI releases Draft Circular on Declaration of Dividend by NBFCs

In pursuance of the announcements made in the Statement on Developmental and Regulatory Policies dated December 04, 2020, the Reserve Bank of India has released today the Draft Circular on Declaration of Dividend by NBFCs. Comments on the Draft Circular are invited from NBFCs, industry participants and other interested parties by December 24, 2020.

Feedback on the Draft Circular may be forwarded to:

The Chief General Manager, Reserve Bank of India, Department
of Regulation (NBFCs), 2nd Floor, Main Office Building, Shahid
Bhagat Singh Marg, Fort, Mumbai – 400001

or

by email with the subject line “Feedback on Draft circular on declaration of dividend by NBFCs.”

(Yogesh Dayal)     
Chief General Manager