Page 4 - Upper Layer News Today

DxSpace tập huấn ứng dụng blockchain cho cộng đồng DxAmbassador DxSpace tổ chức tập huấn nhằm cập nhật cho cộng đồng DxAmbassador các xu hướng công nghệ, bổ sung kiến thức về ứng dụng blockchain trong cuộc sống. Công nghệ số tạo ra những tác động tích cực làm thay đổi mọi mặt đời số...

Sàn gỗ cốt đen Dreamlux cho ngôi nhà bạc tá»· Khosango.com giới thiệu sàn gỗ cốt đen sản xuất tại Việt Nam, phân phối độc quyền tại hệ thống cá»­a hàng của doanh nghiệp trên toàn quốc. Kết cấu sản phẩm bền vững Dòng sàn gỗ Dream Floor của Sàn gỗ cốt đen Dreamlux có khả năng chống �...

Five reasons why Indian billionaires are hurrying to buy NBFCs amid a pandemic Till 2018, NBFC space was a booming business. The perception changed post the IL&FS collapse. SII CEO Adar Poonawalla (File Image: Twitter) After Piramal Group’s acquisition of crisis-ridden non-banking finance company (NBFC) Dewan Housing Finance Corporation (DHFL) early this year, billionaire businessman Adar Poonawalla has become the latest industrialist to jump on to the NBFC bandwagon. Rising Sun Holdings, a...

January 27, 2021 × Proposals to appoint auditors by rotation, requirements to disclose information such as the incidence of covenant breaches and asset quality divergence are credit positive The proposed changes to India’s regulatory framework for non-bank financial institutions (NBFIs) recently unveiled in the Reserve Bank of India’s (RBI) discussion paper are likely to enhance the sector’s stability, according to Fitch Ratings. The credit rating agency believes that the reforms would ...

Use Market for Oversight of NBFCs January 27, 2021, 11:30 PM IST Quick takes, analyses and macro-level views on all contemporary economic, financial and political events. An RBI discussion paper on a revised regulatory framework for non-banking financial companies (NBFCs) has called for staggered, scale-based approach. The paper pitches for the principle of proportionality in regulatory oversight, commensurate with systemic risk perceptions, and taking ...

The Reserve Bank of Indias (RBI) proposed stricter norms for non-banking financial companies (NBFC) support strong balance sheets but do not address the issues of funding and liquidity, the key credit weaknesses of the sector, said a report by ...

Finance > Banks & institutions > Companies (banking) > RBI 25 January 2021 Reserve Bank of India (RBI) has proposed to introduce a scale-based regulatory framework, anchored on proportionality, for non-banking financial companies (NBFCs).  RBI said the proposed regulatory and supervisory framework of NBFCs shall be based on a four-layered structure – Base Layer, Middle Layer, Upper Layer and a possible Top Layer.  If the framework is visualised as a pyramid, the bottom of the pyramid, where...

RBI proposes multilayer system and stricter norms for NBFCs 23 Jan 2021 A securityman stands guard in front of the Reserve Bank of India building in New Delhi. File/ Reuters The Reserve Bank of India (RBI) proposed a four-layered structure for non-banking finance companies (NBFCs) and new norms to strengthen their governance and operations. The RBI, in a discussion paper, proposed to differentiate between NBFCs depending upon the layer they belong to, such as base an...

In view of the recent stress in the Non-Banking Financial Compnies (NBFC) sector, it has become imperative to reexamine the suitability of regulatory approach, especially when failure of an extremely large NBFC can precipitate systemic risks, the RBI said today. The central bank has proposed a multiple layer structure to categorise NBFCs depending on their size and interconnectedness with the system. RBI stated that regulatory framework of NBFCs shall be based on a four-layered structure- Base ...

Read more about RBI paper proposes new regulatory framework for NBFCs, 4-tier structure on Business Standard. The paper proposed a structure to categorise NBFCs, or shadow banks, depending on their size and interconnectedness with the system