{"id":58014,"date":"2022-05-03T11:46:45","date_gmt":"2022-05-03T06:16:45","guid":{"rendered":"https:\/\/enterslice.com\/learning\/?page_id=58014"},"modified":"2022-05-03T11:46:47","modified_gmt":"2022-05-03T06:16:47","slug":"rbi-suggests-compensation-of-kmps-in-nbfcs-needs-to-be-reasonable","status":"publish","type":"page","link":"https:\/\/enterslice.com\/learning\/whitepapers\/rbi-suggests-compensation-of-kmps-in-nbfcs-needs-to-be-reasonable\/","title":{"rendered":"RBI suggests the compensation of KMPs in NBFCs needs to be reasonable"},"content":{"rendered":"<p>The Reserve Bank of India has suggested the Non-Banking Finance Companies (NBFCs) form a nomination and remuneration committee (NRC) to set compensation for Key managerial persons KMPs. The nomination and remuneration committee is responsible for defining the remuneration, independence, and qualification parameters for directors and other key administrative personnel.<\/p>\n\n\n\n<p>Key managerial persons include the chief executive officer or the managing director, the manager, the company secretary, the whole-time director, the chief financial officer, and any other prescribed officer.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Reserve Bank of India has suggested the Non-Banking Finance Companies (NBFCs) form a nomination and remuneration committee (NRC) to set compensation for Key managerial persons KMPs. The nomination and remuneration committee is responsible for defining the remuneration, independence, and qualification parameters for directors and other key administrative personnel. Key managerial persons include the chief [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":58017,"parent":15144,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"download-newsletter.php","meta":[],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v14.6.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>RBI suggests compensation of KMPs in NBFCs needs to be reasonable<\/title>\n<meta name=\"description\" content=\"RBI has suggested the NBFCs form a nomination and remuneration committee (NRC) to set compensation for Key managerial persons KMPs.\" \/>\n<meta name=\"robots\" content=\"index, follow\" \/>\n<meta name=\"googlebot\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<meta name=\"bingbot\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterslice.com\/learning\/whitepapers\/rbi-suggests-compensation-of-kmps-in-nbfcs-needs-to-be-reasonable\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"RBI suggests compensation of KMPs in NBFCs needs to be reasonable\" \/>\n<meta property=\"og:description\" content=\"RBI has suggested the NBFCs form a nomination and remuneration committee (NRC) to set compensation for Key managerial persons KMPs.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterslice.com\/learning\/whitepapers\/rbi-suggests-compensation-of-kmps-in-nbfcs-needs-to-be-reasonable\/\" \/>\n<meta property=\"og:site_name\" content=\"Enterslice\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/enterslice\" \/>\n<meta property=\"article:author\" content=\"enterslice\" \/>\n<meta property=\"article:modified_time\" content=\"2022-05-03T06:16:47+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/enterslice.com\/learning\/wp-content\/uploads\/2022\/05\/RBI-suggests-the-compensation-of-KMPs-in-NBFCs-needs-to-be-reasonable-GANESH.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"670\" \/>\n\t<meta property=\"og:image:height\" content=\"352\" \/>\n<meta name=\"twitter:card\" content=\"summary\" \/>\n<meta name=\"twitter:creator\" content=\"@enterslice\" \/>\n<meta name=\"twitter:site\" content=\"@enterslice\" \/>\n<!-- \/ Yoast SEO plugin. -->","_links":{"self":[{"href":"https:\/\/enterslice.com\/learning\/wp-json\/wp\/v2\/pages\/58014"}],"collection":[{"href":"https:\/\/enterslice.com\/learning\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/enterslice.com\/learning\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/enterslice.com\/learning\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/enterslice.com\/learning\/wp-json\/wp\/v2\/comments?post=58014"}],"version-history":[{"count":0,"href":"https:\/\/enterslice.com\/learning\/wp-json\/wp\/v2\/pages\/58014\/revisions"}],"up":[{"embeddable":true,"href":"https:\/\/enterslice.com\/learning\/wp-json\/wp\/v2\/pages\/15144"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterslice.com\/learning\/wp-json\/wp\/v2\/media\/58017"}],"wp:attachment":[{"href":"https:\/\/enterslice.com\/learning\/wp-json\/wp\/v2\/media?parent=58014"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}