RBI's provisions of Sections 45-IA, 45-IB, and 45-IC to not apply to NBFCs

Last updated: 20 November 2020

The Reserve Bank of Indiahas declared that the provisions of Sections 45-IA, 45-IB, and 45-IC of the Reserve Bank of India Act, 1934 (2 of 1934) shall not apply to a non-banking financial company. Read the official announcement below: RESERVE BANK OF INDIA (Department of Regulation) NOTIFICATIO

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