<h1>Corporate Affairs Ministry Removes DRR Requirement for Listed Companies, NBFCs, and HFCs to Boost Ease of Doing Business.</h1> The Ministry of Corporate Affairs has amended rules to eliminate the Debenture Redemption Reserve (DRR) requirement for listed companies, Non-Banking Financial Companies (NBFCs), and Housing Finance Companies (HFCs). This change aligns with the government's aim to enhance Ease of Doing Business and follows the 2019-20 budget announcements. Previously, listed companies needed a DRR for both public and private debenture issues, while NBFCs and HFCs required it only for public issues. The amendment reduces the DRR for unlisted companies from 25% to 10%, aiming to lower capital costs and deepen the bond market while protecting investor interests.