The Reserve Bank of India has updated the Master Direction – Reserve Bank of India (Non-Banking Financial Company – Scale Based Regulation) Directions, 2023 (“SBR Master Direction”) to include the following changes:
- The 2023 SBR Master Direction has been updated to incorporate the changes brought in by the RBI notification on “Treatment of Right-Of-Use (Rou) Asset For Regulatory Capital Purposes”.
- With the present updation, NBFCs have to comply with the instructions contained in RBI notification on Government Debt Relief Schemes (DRS).
Please refer to the hyperlink below for a detailed read of the updated version of the SBR Master Direction.
Source: Reserve Bank of India
