Our Recommendations :-
Follow CA Final FB Page

. What are the responsibilities of the NBFCs registered with RBI, regard to submission on compliances and informations?

Avatar 37a3bd7bc7328f0ead2c0f6f635dddf60615e676e6b4ddf964144012e529de45 Sarath S asked almost 2 years ago

Hello, I am a CA Intermediate | CA IPCC student from Bangalore. I want to know about the responsibilities of the NBFCs registered with RBI, regard to submission on compliances and informations. Sarath

    0       0 Answer Now Comment Report
1 Answers
Important Note – Preparing for CA Final?
CAKART provides Indias top faculty each subject video classes and lectures – online & in Pen Drive/ DVD – at very cost effective rates. Get video classes from CAKART.in. Quality is much better than local tuition, so results are much better.
Watch Sample Video Now by clicking on the link(s) below – 
For any questions Request A Call Back  
Avatar 37a3bd7bc7328f0ead2c0f6f635dddf60615e676e6b4ddf964144012e529de45 shaifali answered almost 2 years ago

**A. Returns to be submitted by deposit taking NBFCs** 1.NBS-1 Quarterly Returns on deposits in First Schedule. 2. NBS-2 Quarterly return on Prudential Norms is required to be submitted by NBFC accepting public deposits. 3.NBS-3 Quarterly return on Liquid Assets by deposit taking NBFC. 4.NBS-4 Annual return of critical parameters by a rejected company holding public deposits. (NBS-5 stands withdrawn as submission of NBS 1 has been made quarterly.) 5.NBS-6 Monthly return on exposure to capital market by deposit taking NBFC with total assets of ₹ 100 crore and above. 6.Half-yearly ALM return by NBFC holding public deposits of more than ₹ 20 crore or asset size of more than ₹ 100 crore 7.Audited Balance sheet and Auditor’s Report by NBFC accepting public deposits. 8.Branch Info Return. **B. Returns to be submitted by NBFCs-ND-SI** 1.NBS-7 A Quarterly statement of capital funds, risk weighted assets, risk asset ratio etc., for NBFC-ND-SI. 2.Monthly Return on Important Financial Parameters of NBFCs-ND-SI. 3. ALM returns: (i) Statement of short term dynamic liquidity in format ALM [NBS-ALM1] -Monthly, (ii) Statement of structural liquidity in format ALM [NBS-ALM2] Half yearly, (iii) Statement of Interest Rate Sensitivity in format ALM -[NBS-ALM3], Half yearly 4. Branch Info return C. **Quarterly return on important financial parameters of non deposit taking NBFCs having assets of more than ₹ 50 crore and above but less than ₹ 100 crore** 1.Basic information like name of the company, address, NOF, profit / loss during the last three years has to be submitted quarterly by non-deposit taking NBFCs with asset size between ₹ 50 crore and ₹ 100 crore. 2.There are other generic reports to be submitted by all NBFCs as elaborated in Master Circular on Returns to be submitted by NBFCs as available on www.rbi.org.in → Notifications → Master Circulars → Non-banking and Circular DNBS (IT) CC.No.02/24.01.191/2015-16 dated July 9, 2015 as available on www.rbi.org.in → Notifications.

    0       0 Comment Report
Get Notifications
Videos
Books
Notes
Loading
SIGN UP
Watch best faculty demo video classes

These top faculty video lectures will
help u prepare like nothing else can.