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TMI BlogRBI releases draft circular on Forms of Business and Prudential Regulation for InvestmentsX X X X Extracts X X X X X X X X Extracts X X X X ..... RBI releases draft circular on Forms of Business and Prudential Regulation for Investments X X X X Extracts X X X X X X X X Extracts X X X X ..... cular on 'Forms of Business and Prudential Regulation for Investments'. Comments on the draft circular are invited from banks and other stakeholders by November 20, 2024. Feedback on the draft circul ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ar may be forwarded to: The Chief General Manager Registration and Authorisation Group Department of Regulation, Central Office 12th/13th Floor, Reserve Bank of India Central Office Building Shah ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... id Bhagat Singh Marg, Fort Mumbai - 400001 or by email with subject line "Feedback on Draft circular on Forms of Business and Prudential Regulation for Investments". Background Paragra ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... phs 4 and 5 of the Master Direction- Reserve Bank of India (Financial Services provided by Banks) Directions, 2016 consolidate the regulations on forms of business and prudential regulation for invest ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ments by banks. The Reserve Bank has reviewed these regulations with an objective to ringfence the banks' core business from other risk bearing non-core businesses as well as to provide operational fr ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... eedom to banks for making investments in financial services/non-financial services companies and Alternative Investment Funds.
(Puneet Pancholy)
Chief General Manager X X X X Extracts X X X X X X X X Extracts X X X X ..... ..... X X X X Extracts X X X X X X X X Extracts X X X X
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