https://www.taxtmi.com/circulars?id=56409 The circular mandates that banks require large corporate borrowers with exposures of fifty crore and above to obtain and renew a Legal Entity Identifier (LEI) per a phased schedule; non-compliant borrowers are to be refused renewal or enhancement of credit. Banks must encourage LEI adoption for parent and group entities, obtain LEI from accredited Local Operating Units such as LEIIL in India, ensure renewals per GLEIF guidelines, and record LEI in credit information systems including CRILC. en-us Thu, 02 Nov 2017 00:00:00 +0530 Tue, 07 Nov 2017 15:30:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=56409 The circular mandates that banks require large corporate borrowers with exposures of fifty crore and above to obtain and renew a Legal Entity Identifier (LEI) per a phased schedule; non-compliant borrowers are to be refused renewal or enhancement of credit. Banks must encourage LEI adoption for parent and group entities, obtain LEI from accredited Local Operating Units such as LEIIL in India, ensure renewals per GLEIF guidelines, and record LEI in credit information systems including CRILC. Circulars RBI Thu, 02 Nov 2017 00:00:00 +0530 https://www.taxtmi.com/circulars?id=56409