Exemptions from RBI Act, 1934 Provisions
This Master Circular outlines exemptions from provisions of Chapter III B of the RBI Act, 1934, for various entities.
The exempted entities include:
Housing Finance Institutions, Merchant Banking companies, Micro Finance Companies, Mutual Benefit Companies, Government Companies, Venture Capital Fund Companies, Insurance/Stock Exchange/Stock Broker/Sub-Broker, and Others, which include:
- Nidhi Companies
- Chit Companies
- Securitisation and Reconstruction Companies
- Mortgage Guarantee Companies
- Core Investment Companies
- Prepaid Payment Instruments issued by Non-Banking Institutions
The circular provides a comprehensive list of exemptions, along with relevant notifications and dates.
Chat with the Master Circular:
Download: Master Circular- Exemptions from the provisions of RBI Act, 1934