Reserve Bank of India rolls out regulatory framework for microfinance loans; applicable to all NBFCs including Microfinance Institutions and Housing Finance Companies; gains immediate effect
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RBI rolls out implementation plan of ‘Core Financial Services Solution’ by NBFCs in advance ; fallout of the Scale Based Regulation (SBR)
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RBI rolls out Master Direction on Credit Derivatives Transactions in OTC markets; gains effect from 09.05.22 ; NBFCs, SCBs etc. eligible to act as market-makers in credit derivatives
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RBI fixes the applicable average base rate to be charged by NBFC– Micro Finance Institutions (NBFC-MFIs) to their borrowers for the quarter starting January 1, 2022
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