RBI Compliance for NBFC’s

NBFCs are required to submit various returns to RBI w.r.t their deposit acceptance, prudential norms compliance, ALM etc. Detailed instructions regarding submission of returns by NBFCs have been issued through various company circulars. A list of such returns to be submitted by NBFCs-D, NBFCs-ND-SI and others is as under

• LIABILITY

a) ACCEPTING DEPOSIT

b) NON ACCEPTING DEPOSIT

c) SIZE

d) SYSTEMATICALLY IMPORTANT COMPANIES

e) (500CR OR MORE)

F) NON SYSTEMATICALLY IMPORTANT COMPANIES

• ACTIVITY

a) Factoring NBFC

b) Micro Finance Institution (NBFC-MFI)

c) Infrastructure Debt Fund

d) Housing Finance Company

e) Micro Finance Company

f) Core Investment Company

g) Infrastructure Finance Company

h) Loan Company

i) Investment Company

j) Assets Finance Company

Submission of Annual Statements and Returns

LIST OF COMPLIANCE ON BASIS OF TYPE OF NBFC

SUBMITTED BY NON-DEPOSIT TAKING NBFC’S HAVING ASSET SIZE BETWEEN RS. 50 CRORES TO RS. ­100 CRORES
FORM NAME	PURPOSE OF THE FORM	Time limit
Quarterly Return	Quarterly Return by Non-Deposit taking NBFC’s with asset size of Rs.50 ­- 100 Cr.	RBI

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SUBMITTED BY NON-DEPOSIT TAKING NBFCS HAVING ASSETS OF RS. 100 TO RS 500 CRORES
FORM NAME	PURPOSE OF THE FORM	DEPARTMENT
NBS­8	Annual Return on Non-Deposit taking NBFC’s With Asset Size from Rs.100 Cr. To 500 Cr	RBI

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SUBMITTED BY NBFC-ND-SI HAVING ASSET SIZE BELOW RS 100CR
FORM NAME	PURPOSE OF THE FORM	DEPARTMENT
NBS­9	Annual Return on NBFC­-ND­-SI with Asset Size Below Rs.100 Cr	RBI

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NON-­DEPOSIT TAKING NBFCS SI DEPARTMENT (RBI)
FORM NAME	PURPOSE OF THE FORM	Time limit
Monthly Return	Monthly Return with asset size of Rs.100 CR. & above	RBI
NBS_ALM­1	Statement of Short term dynamic liquidity (Within 10 days of the end of every month)	RBI
NBS-­7	Quarterly Statement of Capital Funds, Risk-Weighted Assets and risk assets Ratio etc. Unaudited Monthly return/audited Unaudited Monthly return NBS-7	Unaudited Monthly (On or before 30th June) Audited monthly return (Upon completion)
SA & CEO certificate for NBS­7	Certifying NBS­7 (Statutory Auditors certificate on Income & Assets)	On or before 30th June
NBS_ALM­3	Interest rate sensitivity	statement shall be filed with the Bank
ALM Return	Asset liability mismatches and interest rate exposure	RBI

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NBFC MONTHLY COMPLIANCES SUBMITTED BY ALL NON­-DEPOSIT TAKING NBFCS SI
NAME	PURPOSE OF THE FORM	DEPARTMENT
Monthly Return	Monthly Return on NBFC­-ND­SI with asset size of Rs.100 CR. & above	RBI
NBS_ALM­1	Statement of Short term dynamic liquidity to be filed within 10 days of the closer month	RBI
To be submitted by all deposit-taking NBFC’s having asset size above Rs. 100 crores or public deposits of Rs. 20 crores and above
NBS­6	Monthly Return stating Exposure to Capital Market	RBI

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NBFC ND SI QUARTERLY COMPLIANCES
FORM NAME	PURPOSE OF THE FORM	DEPARTMENT
To be submitted by all deposit-taking NBFC’s except residuary NBFC
NBS 1	Quarterly Return on Material Financial Parameters of Deposit Taking NBFCs	RBI
NBS ­2	Quarterly Statement of Capital Funds, Risk Assets/Exposures and risk assets Ratio.	RBI
NBS­ 2: CA & CEO Cert.	Certifying NBS ­2	RBI
NBS 3	Quarterly Return on Statutory Liquid Assets	RBI
To be submitted by all residuary non­-banking companies
NBS 3A	Quarterly Return on Statutory Liquid Assets	RBI
Quarterly Return I	Return of investments	RBI
SUBMITTED BY ALL NON-DEPOSIT TAKING NBFCS
NBS -7	Quarterly Statement of Capital Funds, Risk-Weighted Assets and risk assets Ratio etc.	RBI
NBS­-7: SA & CEO Cert.	Certifying NBS -7	RBI
Submitted by NBFCS having an asset size between 50  to 100 cr.
Quarterly Return	Quarterly Return by NBFC-­ND with asset size of Rs.50 ­ 100 Cr.	RBI
Submitted by all securitization and reconstruction company
SCRC	Quarterly statement of assets acquired/ securitized/ reconstructed	RBI

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NBFC ND SI HALF YEARLY COMPLIANCES
FORM NAME	PURPOSE OF THE FORM	DEPARTMENT
To be submitted by all deposit-taking NBFC’s having asset size Rs. 100 crores or more or public deposits of Rs. 20 crores and above
NBS_ALM­2	Details of any mismatches in Assets, liabilities and interest rate exposure (Within 20 days of the closure of half year)	The regional office of the Department in whose jurisdiction NBFC is registered
Submitted by all non-deposit taking NBFCS
NBS_ALM­3	Interest rate sensitivity	Statement shall be filed with the Bank

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NBFC YEARLY COMPLIANCES
FORM NAME	PURPOSE OF THE FORM	DEPARTMENT
Submitted by all non-deposit taking NBFCS
ALM Return	Asset liability mismatches and interest rate exposure	RBI
Submitted by all residuary non­banking companies
Form  ­NBS 1A	Annual Return on Deposits (Filed annually after March 31 and latest by September 30)	Regional Office of Department of Non­-Banking Supervision, RBI where registered office of the company is situated
Submitted by NBFCS having the asset of Rs 100 to Rs 500 Cr
NBS­8	Annual Return on Non-Deposit taking NBFC With Asset Size from Rs.100 Cr. To 500 Cr	RBI
Submitted by NBFCS having asset size below Rs 100 Cr
NBS­9	Annual Return on NBFC­ND­SI With Asset Size Below Rs.100 Cr	RBI
Submitted by all non­banking financial companies accepting/holding public deposits, and MNBCS except residuary non­banking companies
NBS­4	Repayment of Deposits only in respect of rejected/canceled companies	Department of Non­-Banking Supervision, RBI
CA certificate form NBS – 4	Certifying NBS­4	RBI

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NBFC UNDER COMPANIES ACT, 2013
FORM NAME	PURPOSE OF THE FORM	DEPARTMENT
E-­Form MGT-­7	Annual Return (Within 60 days of conclusion AGM)	ROC
E-­Form AOC­-4	Filing of annual financials i.e. Balance Sheet & Profit & Loss statement (Within 30 days of conclusion of AGM)	ROC
E­-Form DIR-­12	If there is any change in Directors (Within 30 days of the date of that change)	ROC

Compliances for listed NBFC-ND with NSE 

S No.	Particulars	Time limi
1	Filing of Listing Agreement of Issued Series	Within 30 days of Issuance
2	Publishing of Unaudited Half-yearly Result in two newspaper	Within 30 days from the end of Half-year
3	File Half-yearly Audited Result with NSE via mail	Within 30 days from the end of Half-year
4	File Quarterly result (Balance Sheet and P&L) via mail	Within 90 days from the end of Quarter
5	Filing Umbrella Information Memorandum/Shelf Offer Document+ below letters: 1. Letter from CRISIL for filing UIM 2. Letter from AXIS Bank (Debenture Trustee) for filing UIM 3. Certified true copy of the resolution authorizing the filing of UIM 4. Certified true copy of the blanket resolution covering Debt issuances for filing UIM 5. Certify compliance as per Chapter VI of SEBI (DIP) Guidelines 2000 & Sch-II of Companies Act,1956 6. Obtain In-principle approval letter from NSE post-filing	At the end of Financial Year

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COMPLIANCE BY DEPOSIT TAKING NBFC’s WITH ASSET SIZE OF MORE THAN RS. 100 CRORES OR HAVING PUBLIC DEPOSITS OF RS. 20 CRORES OR MORE
FORM NAME	PURPOSE OF THE FORM	DEPARTMENT
NBS­6	Monthly Return on Exposure Towards Capital Market	RBI
NBS_ALM­2	Asset liability mismatches and interest rate exposure (Within 20 days of the closure of half year)	Regional office of the Department in whose jurisdiction NBFC is registered
COMPLIANCE BY DEPOSIT TAKING NBFC’s EXCEPT RESIDUARY NBFC’s:
FORM NAME	PURPOSE OF THE FORM	DEPARTMENT
NBS 1	Quarterly Return on Important Financial Parameters of Deposit Taking NBFCs	RBI
NBS ­2	Quarterly Statement of Capital Funds, Risk Assets/Exposures and risk assets Ratio.	RBI
CA & CEO certificate for NBS­2	Certifying NBS­2	RBI
NBS 3	Quarterly Return stating Statutory Liquid Assets	RBI
NBS­4	Repayment of Deposits	Department of Non­Banking Supervision, RBI
	(To be filed only in respect of rejected/cancelled companies)
CA certificate form NBS 4	Certifying NBS­4	RBI

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SUBMITTED BY ALL RESIDUARY NBFC
FORM NAME	PURPOSE OF THE FORM	DEPARTMENT
NBS 3A	Quarterly Return on Statutory Liquid Assets	RBI
Quarterly Return I	Return of investments	RBI
Form ­ NBS 1A	Annual Return on Deposits (Filed annually after closure of financial year and latest by September 30)	Regional Office of Department of Non-­ Banking Supervision, RBI where registered office of the company is situated
Form Schedule “A”	General Information of the Company (filed annually as early as possible latest by the 30th September)	Regional Office of the Department of Supervision, Financial Companies Wing

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SUBMITTED BY ALL SECURITISATION AND RECONSTRUCTION COMPANY
FORM NAME	PURPOSE OF THE FORM	DEPARTMENT
SCRC	Quarterly statement of assets acquired/ securitized/ reconstructed	RBI

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SUBMITTED BY ALL NBFCS WHETHER HOLDING PUBLIC DEPOSITS OR NOT
FORM NAME	PURPOSE OF THE FORM	DEPARTMENT
Special Return	General information and Net Owned Funds	RBI
Branch Info	Branch Details	RBI

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