Regulatory updates

Recap on key updates

Updates from Reserve Bank of India (RBI)

Effective 1 Apr 2022/ 1 October 2022

On 22 October 2021, RBI issued guidelines on a scale-based regulation for NBFCs. The scale-based regulatory approach renders the regulation and supervision of NBFCs to be a function of their size, activity and perceived riskiness.

As per the scale-based regulation, NBFCs would be structured in the top layer, upper layer, middle layer and bottom layer. These guidelines would apply from 1 October 2022. The instructions relating to ceiling on IPO funding would apply from 1 April 2022.


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