Prudential Norms on Specified Non-financial Assets (SNFA) Directions
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This document outlines the draft Reserve Bank of India (Prudential Norms on Specified Non-financial Assets (SNFA)) Directions, 2026. It details the applicability, definitions, general guidelines, valuation, and disposal procedures for specified non-financial assets held by regulated entities. The guidelines are crucial for commercial banks, financial institutions, and NBFCs in India managing such assets acquired through various mechanisms. This draft is open for comments and provides a framework for prudential treatment and disclosure requirements.
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