Media Release

BSE facilitates NBFCs for online reporting of Pledge data

Reserve Bank of India (RBI) vide its circulars dated August 21, 2014 has directed all NBFCs with asset size of Rs. 100 cr and above to report on-line to stock exchanges, information on the shares pledged in their favour, by borrowers for availing loans. RBI has also advised Exchanges to put in place infrastructure for on-line reporting. Accordingly, BSE has provided an on-line platform to NBFCs to facilitate pledge data reporting. More than 65 NBFCs are currently using this platform. 

 Recently, BSE has launched an enhanced module for pledge reporting wherein the NBFCs shall be able to submit quarterly reporting of pledge data. This is in line with RBI’s recent initiative vide its circular dated April 10, 2015.

Based on the reporting made by NBFCs, securitywise details of total no. of shares held as pledge by the promoters and non-promoters is disseminated on BSE’s website for the benefit of the investing fraternity (webpage link http://corporates.bseindia.com/corporates/Pledge_new.aspx

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For More Information 
Yatin Padia – 022 2272 8516
Marketing Communications
yatin.padia@bseindia.com