NABARD FINANCIAL SERVICES LIMITED, BANGALORE
FAIR PRACTICES CODE
Intent and Content
This Code has been drafted by NABARD Financial Services Limited (NABFINS) as per the Guidelines issued by the Reserve Bank of India on Fair Practices Code for Non-Banking Finance Companies vide its Circular No.RBI / 2011-12 / 470 / DNBS.CC.PD. No.266 / 03.10.01 / 2011-12 dated March 26, 2012. This Code sets minimum Fair Practice standards for the NABFINS to follow when it is dealing with the customer. It provides information to customers and explains how the NABFINS is expected to deal with the customers on day-to-day basis. This Code will come into force from the date of approval and adoption by the Board for implementation by NABFINS.
I. Objectives of the Code
The Code has been developed with an object to:
II. Application of the Code
The Code applies to all products, offered by the NABFINS as envisaged in its Memorandum of Association.