RBI releases draft circular on Forms of Business and Prudential Regulation for Investments

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..... RBI releases draft circular on Forms of Business and Prudential Regulation for Investments - News and Press Release Dated:- 7-10-2024 - News - RBI releases draft circular on Forms of Business and Prudential Regulation for Investments - - - Dated:- 7-10-2024 - The Reserve Bank of India today released the draft circular on Forms of Business and Prudential Regulation for Investments . Comments on th .....

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..... e draft circular are invited from banks and other stakeholders by November 20, 2024. Feedback on the draft circular 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 Shahid Bhagat Singh Marg, Fort Mumbai 400001 or by email with subject line Feedback on Draft cir .....

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..... cular on Forms of Business and Prudential Regulation for Investments . Background Paragraphs 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 investments by banks. The Reserve Bank has reviewed these regulations with an objective to ringfence the banks core b .....

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..... usiness from other risk bearing non-core businesses as well as to provide operational freedom to banks for making investments in financial services/non-financial services companies and Alternative Investment Funds. (Puneet Pancholy) Chief General Manager - - News - Press release - PIB Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

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