Fema / RBI : RBI has introduced a new multi-cycle credit reporting framework for NBFCs, replacing monthly reporting with four reporting cycles ...
Fema / RBI : RBI has standardized the 90-day NPA classification rule across all NBFC categories, including NBFC-BL entities, effective 31 March...
Fema / RBI : The article explains that a company qualifies as an NBFC only when more than 50% of both its assets and income arise from financia...
Fema / RBI : RBI’s new 2026 framework exempts certain Type I NBFCs from mandatory registration if they avoid public funds and customer intera...
Fema / RBI : RBI has created a new category called Unregistered Type 1 NBFC for companies operating only with internal or group funds and witho...
Fema / RBI : RBI drafts amendments to NBFC Scale Based Regulation, introducing 'High-quality infrastructure projects' and tiered risk weights o...
Fema / RBI : The RBI's draft directions for NBFCs, effective April 1, 2026, revise guidelines on lending to 'related parties' to manage conflic...
CA, CS, CMA : RBI prescribes that an audit firm can concurrently take up audit of maximum of eight NBFCs during a year, irrespective of the asse...
Fema / RBI : The Court held that rejection of NBFC registration surrender solely due to meeting PBC was unsustainable without giving an opportu...
Income Tax : An NBFC's claim for on an irrecoverable loan was allowed by the ITAT, which overturned the disallowance. The court ruled that non-...
Income Tax : ITAT Mumbai held the disallowance on basis that the ESOP expenses is contingent in nature cannot be sustained. However, amount cla...
Fema / RBI : Delhi High Court sets aside RBI's cancellation of NBFC registration for failure to meet Rs. 200 Lakh NOF, directs fresh review of ...
Corporate Law : Supreme Court held that Banks/ Non-Banking Financial Companies (NBFCs) are obliged to adopt restructuring process of MSME as conte...
Fema / RBI : RBI amended NBFC capital adequacy norms to allow a zero percent risk weight for specified portions of ECLGS 5.0 exposures. The dec...
Fema / RBI : The RBI has mandated that NBFCs obtain explicit customer consent before selling financial products and prohibited misleading sales...
Fema / RBI : RBI has simplified the regulatory framework for NBFCs undertaking agency business by removing prior approval requirements in certa...
Fema / RBI : NBFCs can retain or upgrade borrower accounts to standard upon resolution plan implementation. The amendment balances borrower rel...
Fema / RBI : The RBI proposes replacing the existing dual methodology with a single asset-based criterion for identifying NBFC-UL entities. The...
RBI has introduced a new multi-cycle credit reporting framework for NBFCs, replacing monthly reporting with four reporting cycles each month. The amendments also mandate CKYC reporting, incremental updates, and stricter compliance timelines.
RBI amended NBFC capital adequacy norms to allow a zero percent risk weight for specified portions of ECLGS 5.0 exposures. The decision recognizes the reduced credit risk arising from government-backed guarantees.
The RBI has mandated that NBFCs obtain explicit customer consent before selling financial products and prohibited misleading sales practices. The Directions strengthen consumer rights by introducing compensation mechanisms for proven cases of mis-selling.
RBI has simplified the regulatory framework for NBFCs undertaking agency business by removing prior approval requirements in certain cases. The key takeaway is that easier market access now comes with stricter conduct and customer protection obligations.
RBI has standardized the 90-day NPA classification rule across all NBFC categories, including NBFC-BL entities, effective 31 March 2026. The framework also prescribes detailed provisioning requirements for standard, sub-standard, doubtful, and loss assets.
The article explains that a company qualifies as an NBFC only when more than 50% of both its assets and income arise from financial activities. Failing either condition means the entity cannot be treated as an NBFC under the RBI Act, 1934.
RBI’s new 2026 framework exempts certain Type I NBFCs from mandatory registration if they avoid public funds and customer interaction. The move reduces compliance burdens for family offices and private investment vehicles.
RBI has created a new category called Unregistered Type 1 NBFC for companies operating only with internal or group funds and without direct public interaction. Eligible entities are exempt from certain registration and reserve fund requirements.
The Court held that rejection of NBFC registration surrender solely due to meeting PBC was unsustainable without giving an opportunity of hearing. RBI was directed to reconsider the application afresh.
NBFCs can retain or upgrade borrower accounts to standard upon resolution plan implementation. The amendment balances borrower relief with prudential safeguards.
