The SEBI circular mandates that, as of April 1st 2023, physical shareholder folios that are missing any of the data—such as a PAN, email address, mobile number, bank account details, or nomination—must be frozen.

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Revised Regulatory Framework for NBFCs: RBI Plans Stricter Norms

Revised Regulatory Framework for NBFCs: RBI Plans Stricter Norms

Revised Regulatory Framework for NBFCs Over the years, the NBFCs have grown considerably in terms of their technological sophistication, operations, and size. Many of them have also started venturing to newer financial services areas with new products. Considering the significant growth, RBI has felt in recent years that a revised regulatory framework for NBFCs is […]
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