Latest Expert Exchange Queries

GST Demo Service software link: https://ims.go2customer.com
Username: demouser Password: demopass
Get your inventory and invoicing software GST Ready from Binarysoft info@binarysoft.com
sitemapHome | Registration | Job Portal for CA's | Expert Exchange | Currency Converter | Post Matrimonial Ads | Post Property Ads
 
 
News shortcuts: From the Courts | News Headlines | VAT (Value Added Tax) | Placements & Empanelment | Various Acts & Rules | Latest Circulars | New Forms | Forex | Auditing | Direct Tax | Customs and Excise | ICAI | Corporate Law | Markets | Students | General | Mergers and Acquisitions | Continuing Prof. Edu. | Budget Extravaganza | Transfer Pricing | GST - Goods and Services Tax
 
 
 
 
Popular Search: list of goods taxed at 4% :: Central Excise rule to resale the machines to a new company :: form 3cd :: VAT RATES :: TAX RATES - GOODS TAXABLE @ 4% :: empanelment :: VAT Audit :: cpt :: articles on VAT and GST in India :: TDS :: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes :: ACCOUNTING STANDARD :: due date for vat payment :: ACCOUNTING STANDARDS :: ARTICLES ON INPUT TAX CREDIT IN VAT
 
 
Latest Circulars »
 Minutes of the Monetary Policy Committee Meeting February 6-7, 2018
 RBI’s statement on fraud in Punjab National Bank
 RBI-Auction of State Government Securities Feb 15, 2018
 RBI new bad loan rules may improve prospects of loan recovery
 RBI-Resolution of Stressed Assets – Revised Framework
 RBI-Monthly Bulletin for February 2018
 Addendum to the Report of the Internal Study Group to Review the Working of the Marginal Cost of Funds Based Lending Rate System: Some Reflections on the Feedback Received
 Levy of Penal Interest – Delayed Reporting (Corrected)
 Report of the Inter-Regulatory Working Group on FinTech and Digital Banking
 16th Round of Quarterly Services and Infrastructure Outlook Survey (SIOS) – Q4:2017-18
 Relief for MSME Borrowers registered under Goods and Services Tax (GST)

RBI places on its website Discussion Paper on Large Exposures Framework and Enhancing Credit Supply through Market Mechanism
March, 31st 2015

The Reserve Bank of India today placed on its website the Discussion Paper (DP) on Large Exposures (LE) Framework and Enhancing Credit Supply through Market Mechanism. Comments on the DP may be forwarded to the Chief General Manager-in-Charge, Department of Banking Regulation, Reserve Bank of India, Central Office, Shahid Bhagat Singh Marg, Mumbai 400001 or emailed, latest by April 30, 2015.

The salient features of the proposed Large Exposures (LE) Framework include:

  • The Large Exposure (LE) limit in respect of each counterparty, which includes a group of connected counterparties, will be capped at 25 percent of the eligible capital base.

  • The eligible capital base will be defined as the Tier 1 capital of the bank as against ‘Capital Funds’ at present.

  • A group of connected counterparties will be identified on the basis of ‘control’ as well as ‘economic interdependence’ criteria as against only ‘control’ criteria under extant RBI exposure norms.

  • The proposed LE framework will be fully applicable from January 1, 2019.

The DP also invites comments on a proposal to make large corporates, enjoying working capital and term loan limits above a certain threshold, to meet a portion of both their short term and long term funding needs through the market mechanism such as Commercial Papers (CPs) and Corporate Bonds.

Background

The Large Exposures Framework is proposed in accordance with the announcement made by the Reserve Bank of India (RBI) in the Fourth Bi-Monthly Monetary Policy Statement, 2014-15 announced on September 30, 2014 to issue adiscussion paper on banks’ large exposures and convergence of the exposure limits applicable in India with the Standards announced by the Basel Committee on Banking Supervision (BCBS) which come into effect from January 1, 2019.

Ajit Prasad
Assistant General Manager

Press Release : 2014-2015/2046

 
 
Home | About Us | Terms and Conditions | Contact Us
Copyright 2018 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Software Development Software Programming Software Engineering Custom Software Development Requirement Based Software Development Software Solutions Software Serv

Transfer Pricing | International Taxation | Business Consulting | Corporate Compliance and Consulting | Assurance and Risk Advisory | Indirect Taxes | Direct Taxes | Transaction Advisory | Regular Compliance and Reporting | Tax Assessments | International Taxation Advisory | Capital Structuring | Withholding tax advisory | Expatriate Tax Reporting | Litigation | Badges | Club Badges | Seals | Military Insignias | Emblems | Family Crest | Software Development India | Software Development Company | SEO Company | Web Application Development | MLM Software | MLM Solutions