NBFC Regulations definition
NBFC Regulations means Non-Banking Finance Companies and Notified Entities Regulations, 2008, as amended from time to time.
NBFC Regulations means the Reserve Bank of India Act, 1934, the Non-Banking Financial Company – Systemically Important Non-Deposit taking Company and Deposit taking Company (Reserve Bank) Directions, 2016, the Non-Banking Financial Companies (Approval of Acquisition or Transfer of Control) Directions, 2015 and all other conditions, directions, regulations, circulars, guidelines and notifications applicable to non-banking financial companies.
Examples of NBFC Regulations in a sentence
It is hereby declared, that an Open ended-end Scheme in the form of a trust in the name and title of “Askari Islamic Asset Allocation Fund””, is hereby created and as a Shariah Compliant Scheme with the primary investment objective to provide investors with attractive income and long-term capital growth, primarily by investing in a diversified portfolio of private and public fixed-income and equity instruments, as permissible under the NBFC Regulations.
The borrowing, however, shall not be resorted to, except for meeting the redemption requests and shall be repayable within a period of ninety days or such time as may be prescribed under the NBFC Regulations from time to time.