ARTICLE
28 October 2019

Revision Of Limit For A Bank's Exposure To A Single NBFC Under The Large Exposures Framework

AP
AZB & Partners

Contributor

AZB & Partners is one of India's premier law firms with 500+ lawyers and offices across the country. The firm was founded in 2004 with a clear purpose to provide reliable, practical and full–service advice to clients, across all sectors. Having grown steadily since its inception, AZB & Partners now has offices across Mumbai, Delhi, Bangalore, Pune and Chennai. We are recognized by most international publications for our legal expertise.
RBI on September 12, 2019 increased the limit for a bank's exposure to a single Non-Banking Financial Company.
India Finance and Banking

RBI on September 12, 2019 increased the limit for a bank's exposure to a single Non-Banking Financial Company (excluding gold loan companies) under the 'Large Exposures Framework' to 20% of that bank's eligible capital base from the existing limit of 15% of that bank's eligible capital base.

Originally published September 30, 2019.

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

Mondaq uses cookies on this website. By using our website you agree to our use of cookies as set out in our Privacy Policy.

Learn More