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NBFC_Acceptance_of_Public_Deposits_Reserve_Bank_Directions_1998

Section / Rule Number Content


28. Furnishing of receipt to depositor
29. Register of deposit
30. Branches and appointment of agents to collect deposits
31. Closure of branches
32. Nomination rules under section 45QB of RBI Act
33. Safe Custody of Liquid Assets / Collection of Interest on SLR Securities
34. Employees Security Deposit
35. Information to be included in the Board's report
36. Copies of balance sheet and accounts together with the Directors' report and notes on accounts to be furnished to the Bank
37. Information with respect to change of address, directors, auditors, etc. to be submitted
38. Cover for public deposits - creation of floating charge on Liquid Assets
39. Non-banking financial company failing to repay public deposit prohibited from making loans and investments
40. Restrictions on investments in land and building and Unquoted shares

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