<?xml version="1.0" encoding="UTF-8"?>
<?xml-stylesheet type="text/xsl" href="https://www.taxtmi.com/rss_sitemap/rss_feed_blog.xsl?v=1750492856"?>
<rss version="2.0" xmlns:atom="http://www.w3.org/2005/Atom">
  <channel>
    <title>Proposal to bring India Infrastructure Finance Company Ltd. under regulatory oversight of Reserve Bank of India approved.</title>
    <link>https://www.taxtmi.com/news?id=2328</link>
    <description>IIFCL will be registered as an NBFC-IFC and brought under regulatory oversight of the Reserve Bank, subjecting it to RBI prudential norms; the Oversight Committee will be dispensed with. Authorized capital will be increased to support expanded assistance and CRAR needs, the Board broadened to add specialists in accounting, audit, risk management and infrastructure finance, and SIFTI will be modified to align with the new regulatory and governance framework.</description>
    <language>en-us</language>
    <pubDate>Thu, 13 Oct 2011 14:09:08 +0530</pubDate>
    <lastBuildDate>Thu, 13 Oct 2011 14:09:08 +0530</lastBuildDate>
    <generator>TaxTMI RSS Generator</generator>
    <atom:link href="https://www.taxtmi.com/rss_feed_blog?id=305072" rel="self" type="application/rss+xml"/>
    <item>
      <title>Proposal to bring India Infrastructure Finance Company Ltd. under regulatory oversight of Reserve Bank of India approved.</title>
      <link>https://www.taxtmi.com/news?id=2328</link>
      <description>IIFCL will be registered as an NBFC-IFC and brought under regulatory oversight of the Reserve Bank, subjecting it to RBI prudential norms; the Oversight Committee will be dispensed with. Authorized capital will be increased to support expanded assistance and CRAR needs, the Board broadened to add specialists in accounting, audit, risk management and infrastructure finance, and SIFTI will be modified to align with the new regulatory and governance framework.</description>
      <category>News</category>
      <law>-</law>
      <pubDate>Thu, 13 Oct 2011 14:09:08 +0530</pubDate>
      <guid isPermaLink="true">https://www.taxtmi.com/news?id=2328</guid>
    </item>
  </channel>
</rss>