Question ID :
APPLICABILITY OF PROVISION NORMS IN CASE OF SMALL NBFC.
I want to clarify, that provisional norms or producence norm of any advance/loan is applicable to small NBFC which is non systemically not important NBFC. which is not accepting deposit having assets size 2-3 cr only.
Answer ID :
Jun 15, 2021
Yes. It is applicable. Refer master circular no. DNBS (PD) CC No.117 / 03.02.001 / 2008-09.
CA. chunauti dholakia on
Jun 17, 2021