The Reserve Bank of India (RBI) has published a Discussion Paper outlining a revised regulatory framework for Non-Banking Financial Companies (NBFCs), adopting a scale-based approach. This initiative follows an announcement made in December 2020. Stakeholders, including NBFCs and market participants, are invited to submit their comments and feedback on the paper within one month of its release.
RBI releases Discussion Paper on Revised Regulatory Framework for NBFCs- A Scale-Based Approach
In pursuance of the announcement made in the Statement on Developmental and Regulatory Policies dated December 04, 2020, the Reserve Bank of India has released today, the Discussion Paper on Revised Regulatory Framework for NBFCs- A Scale-Based Approach. Comments on the Discussion Paper are invited from NBFCs, market participants and other stakeholders within one month from this date.
Feedback on the Discussion Paper may be forwarded to:
The Chief General Manager-in-Charge, Reserve Bank of India,
Department of Regulation, 2nd Floor, Main Office Building,
Shahid Bhagat Singh Marg, Fort, Mumbai – 400001 or
by email with the subject line “Discussion Paper on Revised
Regulatory Framework for NBFCs- A Scale-Based Approach”
(Yogesh Dayal)
Chief General Manager
FAQ :
The RBI has released a Discussion Paper on a Revised Regulatory Framework for NBFCs, employing a Scale-Based Approach.
This initiative was announced in the Statement on Developmental and Regulatory Policies dated December 04, 2020.
Comments are invited from NBFCs, market participants, and other stakeholders.
Feedback must be submitted within one month from the release date of the Discussion Paper.
Feedback can be forwarded by post to the Chief General Manager-in-Charge at the RBI's Department of Regulation in Mumbai, or by email with a specific subject line.