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NBFCs urge RBI to relax compliance rules as they convert into banks

Non-banking finance companies wants the Reserve Bank of India to relax compliance with norms for reserve ratio, priority sector and sectoral exposure while transforming into a bank. Also, through industry lobby group Finance Industry Development Council (FIDC), they have requested the regulator to pursue with the government, the issue of tax neutrality for restructuring existing entity (NBFCs) for becoming a bank under Non-operating holding company structure. FIDC has submitted its observati...
Industry Development Council Reserve Bank Finance Industry Development Council Internal Working Group Cash Reserve Ratio Non Banking Finance Companies

Detailed text transcripts for TV channel - FOXNEWS - 20150102:11:53:00

Hi, everyone. with a new year comes new prices. so in 2015 what, will be the best buys and breaking the bank? here to break it down is regina lewis. good morning. >> good morning. >> first up, the brought in brazil is causing coffee prices to go up. >> yeah. coffee bean is a commodity spiking in price. starbucks lock in the price of 60% of their coffee well this advance. they can absorb it. others, not so much. >> were not getting old beans from starbucks. theyre just locking in the prices? >> j...
Coffee Prices Coffee Bean Regina Lewis Starbucks Lock Health Care Compliance Rules

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