RBI ISSUES AMENDMENT DIRECTIONS ON 'REVIEW OF METHODOLOGY FOR IDENTIFICATION OF NBFC-UL AND INCLUSION OF GOVERNMENT OWNED NBFCS IN NBFC-UL' AND 'CREDIT/INVESTMENT CONCENTRATION NORMS - GOVERNMENT OWNED NBFCS'

MUMBAI, India, June 24 -- Reserve Bank of India issued the following press release:

The Reserve Bank, vide Press Release dated April 10, 2026, had issued the draft Amendment Directions on 'review of methodology for identification of NBFC-UL and inclusion of Government owned NBFCs in NBFC-UL' seeking comments/ feedback from the stakeholders till May 04, 2026. These draft amendment Directions proposed (a) to replace the existing methodology for identification of NBFCs in Upper Layer (NBFC-UL) with a transparent, simple and absolute criteria, that is asset size of ₹1,00,000 crore and above, (b) to consider eligible Government owned NBFCs for inclusion in the list of NBFC-UL based on the revised criteria, (c) to allow all NBFC-UL to use ...