Shadow Banks Current Affairs, GK & News
The Reserve Bank of India (RBI) released a draft circular titled ‘Liquidity Risk Management Framework for NBFCs and Core Investment Companies (CICs). RBI after analysing recent developments in NBFC sector proposed a set of guidelines for large Non-Banking Financial Companies (NBFCs) to help them deal with severe liquidity problems and to prevent re-occurrence of IL&FS ..
Month: Current Affairs - May, 2019
Category: Economy & Banking Current Affairs
Topics: 'Liquidity Risk Management Framework for NBFCs and Core Investment Companies (CICs) • Asset-Liability Management Committee (ALCO) • Commercial Papers (CPs) • Contingency Funding Plan (CFP) • Core Investment Companies (CICs) • DHFL • High Quality Liquid Assets (HQLA) • IL&FS crisis • Indiabulls Finance • Liquidity Coverage Ratio (LCR) • Reserve Bank of India (RBI) • Shadow Banks
RBI relaxes rules for NBFCs to sell or securitise their loan books to ease persistent stress in sector
Reserve Bank of India (RBI) relaxed rules for non-banking financial companies (NBFCs) to sell or securitise their loan books in bid to ease persistent stress in the sector. RBI has relaxed minimum holding period (MHP) requirement for originating NBFCs, in respect of loans of original maturity above 5 years, to receipt of repayment of six ..