The Reserve Bank of India (RBI), in a notification dated 6th July, 2020 directed towards all Non-Banking Finance Companies (NBFCs) has extended the timeline for finalization of audited documents
In view of the on-going situation and taking into account the feedback received from various stakeholders, the RBI has decided that every applicable NBFC will finalise its balance sheet within a period of 3 months from the date to which it pertains or any date as notified by SEBI for submission of financial results by listed entities.
Source : Reserve Bank of India
