Central Bank Exempts NBFCs Under Rs 1000 Crore From Registration

The Central bank proposes exempting NBFCs without public funds or customer interface and assets under Rs 1000 crore from registration.

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RBI

MPC Meet 2026: The Central bank has proposed NBFCs (Non-Banking Financial Companies) having no public funds and customer interface, with an asset size not exceeding Rs 1000 crore, to be exempt from the requirement of registration.

Moreover, there will be relaxation with the requirement for certain NBFCs to obtain prior approval to open more than 1000 branches.

Central Bank Exempts NBFCs Under Rs 1000 Crore From Registration

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