>> MISCELLANEOUS NON-BANKING FINANCE CO.S - DIRECTIONS
The Reserve Bank of India, having considered it necessary in the public
interest and being satisfied that for the purpose of enabling the Bank to
regulate the credit system to the advantage of the country, it is necessary to
amend the Miscellaneous Non-Banking Companies (Reserve Bank) Directions, 1977,
in exercise of the powers conferred by sections 45J, 45K and 45L of the Reserve
Bank of India Act, 1934 (2 of 1934) and of all the powers enabling it in this
behalf, hereby directs that the said directions contained in Notification
No.DFC.39/DG(H)- 77 dated June 20, 1977 shall stand amended with immediate
effect, as follows, namely –
First Schedule appended to the said Directions stands substituted by
Return NBS 1 appended hereto.
Sd/-
( V.S.N. Murty )
Chief General Manager-In-Charge
Encls : NBS-1