HFC

2020 : Regulatory framework for Housing Finance Companies (HFCs) 2020 

Appendix

Para no. of this circular

Particulars

Reference to regulations issued by Reserve Bank

Definition of public deposits

Master Direction – Non-Banking Financial Companies Acceptance of Public Deposits (Reserve Bank) Directions, 2016.

Implementation of Indian Accounting Standards

DOR (NBFC).CC.PD.No.109/22.10.106 /2019-20 dated March 13, 2020 and DOR (NBFC).CC.PD.No.116 /22.10.106/2020-21 July 24, 2020.

Loans against security of shares

Para 22 of Master Direction – Non-Banking Financial Company – Systemically Important Non-Deposit taking Company and Deposit taking Company (Reserve Bank) Directions, 2016.

Loans against security of single product–gold jewellery

Para 27 and Para 39 of Master Direction – Non-Banking Financial Company – Systemically Important Non-Deposit taking Company and Deposit taking Company (Reserve Bank) Directions, 2016.

Levy of foreclosure charges

Para 31 (4) of Master Direction – Non-Banking Financial Company – Systemically Important Non-Deposit taking Company and Deposit taking Company (Reserve Bank) Directions, 2016.

Guidelines on Securitisation Transactions

Para 105 and 106 of Master Direction – Non-Banking Financial Company – Systemically Important Non-Deposit taking Company and Deposit taking Company (Reserve Bank) Directions, 2016.

Managing Risks and Code of Conduct in Outsourcing of Financial Services

Para 120 of Master Direction – Non-Banking Financial Company – Systemically Important Non-Deposit taking Company and Deposit taking Company (Reserve Bank) Directions, 2016.

Guidelines on Liquidity Risk Management Framework

Para 15A of Master Direction – Non-Banking Financial Company – Systemically Important Non-Deposit taking Company and Deposit taking Company (Reserve Bank) Directions, 2016.

Guidelines on Liquidity Coverage Ratio

Para 15B of Master Direction - Non-Banking Financial Company - Systemically Important Non-Deposit taking Company and Deposit taking Company (Reserve Bank) Directions, 2016.