DNBR (PD) CC.No.083/03.10.001/2016-17
July 28, 2016
All Non-Banking Financial Companies
Guidelines for Relief Measures by NBFCs in areas affected by Natural Calamities
The Reserve Bank has issued guidelines to banks in regard to matters relating to relief measures to be provided in areas affected by natural calamities vide FIDD.No.FSD.BC.52/05.10.001/2014-15 dated March 25, 2015, FIDD No.FSD.BC.12/05.10.001/2015-16 dated August 21, 2015 and FIDD.No.FSD.BC.27/05.10.001/2015-16 dated June 30, 2016.
2. It has been decided to extend the above mentioned guidelines, mutatis mutandis, to NBFCs, in areas affected by natural calamities as identified for implementation of suitable relief measures by the institutional framework viz., District Consultative Committee/ State Level Bankers’ Committee.
Chief General Manager