Draft 2026 Directions exempt eligible NBFCs below ₹1,000 crore from registration under Section 45IA. Strict conditions and disclosures will apply to Unregistered Type I NBFCs.
The amended borrowing regulations restrict use of ECB funds for specified sectors including real estate and securities trading. A revised ECB framework with updated definitions, limits, and reporting norms has been introduced.
The draft directions consolidate existing CDS norms and add regulations for newer credit derivative products. The move seeks to expand market depth while maintaining strong prudential safeguards.
The draft directions remove the need for prior approval to open branches, signalling a shift toward faster and more flexible NBFC expansion while retaining regulatory oversight.
With GDP growth resilient and inflation near target, rates were left unchanged. The decision is accompanied by reforms on mis-selling, digital fraud protection, MSME credit, and market deepening.
Gross GST collections touched ₹1.93 lakh crore in January 2026, supported by robust growth in IGST from imports. The figures indicate steady tax buoyancy despite higher cumulative refunds.
GST Network has issued an advisory introducing significant system enhancements in GSTR-3B beginning with the January 2026 tax period, primarily impacting interest computation, tax liability reporting, and input tax credit utilization.
The regulator has abolished the LOC requirement for investor service requests. The key takeaway is quicker, safer direct credit of securities into demat accounts.
The circular enables fresh and previously rejected transfer requests to be processed during a defined period. Transfers will be credited only in demat form and locked in for one year.
Reserve Bank of India has issued draft guidelines to streamline loan resolution and relief measures for borrowers affected by natural calamities across banks, NBFCs, and financial institutions. The framework introduces a principle-based approach, special resolution windows, and continued ‘standard’ asset classification, with implementation proposed from April 1, 2026.
