Lokesh Deshwalat News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Introduction
The concept of a core investment company (CIC) was first introduced by the Reserve Bank of India (RBI) in 2010. While, at that time, the RBI clarified that companies which invest in shares of other companies, even for the purpose of holding a stake in such company, should be regarded as carrying on the business of a non-banking financial institution, it specifically acknowledged that such class of non-banking financial institution should be afforded differential treatment. This led to the introduction of a differentiated framework for CICs – the main points of difference being the substitution of the capital to risk-weighted assets ratio (as applicable to non-banking financial companies (NBFCs)) with different capital requirements and an exemption from the rules on investment and credit concentration. ....

Lokesh Deshwalat , Tapan Ray , Ministry Of Corporate Affairs , Companies Restriction On Number Of Layers , Reserve Bank , Corporate Affairs , Companies Act , Gautam Ganjawala , Account Standard , Exchange Board , Law Firms , Law Updates , Legal Updates , Legal Developments , Law Developments , Legal Newsletters , Legal Current Awareness , Legal Advisers , Legal Advisors , Legal Directory , தபன் ராய் , அமைச்சகம் ஆஃப் பெருநிறுவன வாழ்க்கைத்தொழில்கள் , இருப்பு வங்கி , பெருநிறுவன வாழ்க்கைத்தொழில்கள் , நிறுவனங்கள் நாடகம் , கௌதம் கஞ்சவாலா ,