RBI relaxes norms for smaller asset-size NBFCs
09 Feb 2026, 02:04 PMThe RBI has also proposed to let certain NBFCs open more than 1,000 branches without seeking the central bank's permission.
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The Reserve Bank of India (RBI) has eased regulatory measures for smaller asset-size and non-customer facing non-banking finance corporations (NBFCs).
Considering their lower systemic-risk profile, Type-I NBFCs with less than Rs 1,000 crore in assets do not require to register with the RBI, the central bank Governor Sanjay Malhotra has said.
Type-I NBFCs are non-deposit taking NBFCs that do not have a customer interface and do not accept public funds.
The move is expected to ease the compliance burden on such NBFCs.
The RBI has also proposed to let certain NBFCs to open more than 1,000 branches without seeking the central bank's permission.
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