RBI INVITES PUBLIC COMMENTS ON THE DRAFT AMENDMENT DIRECTIONS ON REVIEW OF METHODOLOGY FOR IDENTIFICATION OF NBFC-UL AND INCLUSION OF GOVERNMENT OWNED NBFCS IN NBFC-UL

MUMBAI, India, April 10 -- Reserve Bank of India issued the following press release:

The Reserve Bank has issued today the following draft Amendment Directions relating to review of methodology for identification of NBFCs in Upper Layer (NBFC-UL), inclusion of Government owned NBFCs as NBFC-UL and other related aspects.

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The draft 'Reserve Bank of India (Non-Banking Financial Companies - Registration, Exemptions and Framework for Scale Based Regulation) Second Amendment Directions, 2026'; and

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The draft 'Reserve Bank of India (Non-Banking Financial Companies - Concentration Risk Management) Third Amendment Directions, 2026'

2. The feedback / comments on the draft Amendment Directions are invited from the NBFCs, members of publi...