https://www.taxtmi.com/news?id=21605 An Expert Committee is proposed to recommend a restructured framework for development finance institutions and fund flows to support infrastructure. Regulatory control of the housing finance sector is to be reallocated to a central banking regulator. Separation of the NPS Trust from the pension regulator is proposed to protect subscriber interests. The net owned fund requirement for foreign reinsurers would be reduced to enable branch openings in an international financial centre. A one time six month partial credit guarantee for purchase of high rated pooled NBFC assets by public sector banks is proposed, and the Factoring Regulation Act is to be amended to permit wider NBFC participation on the TReDS platform. en-us Fri, 05 Jul 2019 14:39:15 +0530 Fri, 05 Jul 2019 14:39:15 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=21605 An Expert Committee is proposed to recommend a restructured framework for development finance institutions and fund flows to support infrastructure. Regulatory control of the housing finance sector is to be reallocated to a central banking regulator. Separation of the NPS Trust from the pension regulator is proposed to protect subscriber interests. The net owned fund requirement for foreign reinsurers would be reduced to enable branch openings in an international financial centre. A one time six month partial credit guarantee for purchase of high rated pooled NBFC assets by public sector banks is proposed, and the Factoring Regulation Act is to be amended to permit wider NBFC participation on the TReDS platform. News - Fri, 05 Jul 2019 14:39:15 +0530 https://www.taxtmi.com/news?id=21605