Bank Finance to NBFCs Predominantly Engaged in lending against Gold

Last updated: 19 May 2012

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RBI/2011-12/568 DBOD.BP.BC.No. 106/21.04.172/2011-12 May 18, 2012 All Scheduled Commercial Banks (excluding RRBs) Dear Sir, Bank Finance to NBFCs Predominantly Engaged in lending against Gold Please refer to paragraphs 94 to 96 (extract enclosed) of the Monetary Policy Statement 2012-13 announced on April 17, 2012 on Bank Finance to NBFCs Predominantly Engaged in Lending against Gold 2. The extant regulatory framework for bank exposure to NBFCs is prescribed incircular DBOD.No.FSD.B

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Notification No : RBI/2011-12/568

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