RBI has Revised the Threshold for Reporting of Frauds from Rs. 25 lakhs to Rs.1 Crore
February 18, 2016 RBI/2015-16/327 DNBR (PD) CC.No.075/03.10.001/2015-16 All Deposit taking NBFCs (including RNBCs) and NBFCs- ND-SI Madam/ Sir, Frauds – Future approach towards monitoring of frauds in NBFCs Please refer to circulars DNBS.PD.CC.No.127 / 03.10.42 / 2008-09 dated August 14, 2008, DNBS. PD. CC. No. 256 … Continue Reading →