The tribunal ruled that rejecting books and estimating profits bars further item-wise disallowances. Authorities cannot “blow ...

A comprehensive process is prescribed for NBFC mergers with other NBFCs or non-NBFC entities. The ruling ensures orderly consolidation under regulatory ...

NCLT Mumbai held that since existence of financial debt and default thereon is established, application filed under section 9 ...

The regulator introduced a consolidated framework strengthening board oversight, audit committees, market conduct, and regulatory compliance for AIFIs, with immediate ...

It was held that identity and address verification lies with the entity last uploading KYC data to CKYCR. AIFIs relying on compliant records need not repeat verification but remain responsible for all ...

The amendment specifies that identity and address verification rests with the entity that last updated CKYCR records. ARCs relying on such data are spared repeat checks but remain responsible for full ...

The regulator held that identity and address verification rests with the entity last uploading KYC data to CKYCR. Local area banks relying on valid records need not re-verify, while remaining ...

The amendment clarifies that identity and address verification lies with the entity that last updated CKYCR records. NBFCs relying on such records need not repeat verification but must continue full ...

The regulator held that identity and address verification rests with the last entity uploading KYC data to CKYCR. Rural banks relying on valid records need not repeat verification, though full CDD ...