New Delhi, May 6 -- The Reserve Bank of India (RBI) on Tuesday issued draft guidelines to define the prudential treatment of specified non-financial assets (SNFAs), inviting public comments until May 26, 2026.
SNFAs refer to immovable assets acquired by regulated entities (REs) in full or partial settlement of loans, typically when exposures turn non-performing and other recovery options are exhausted.
Acquisition Limited to Stressed Assets
Under the proposed norms, such assets can be acquired only in exceptional cases where loans are classified as non-performing and all other recovery avenues have been explored and found unviable.
In cases of partial settlement, the remaining exposure will be treated as a restructured loan and subj...