RBI issues Registration, Exemptions and Framework for Scale Based Regulation (Amendment) Directions, 2026; proposes to exempt NBFCs ‘not availing public funds and not having customer interface’ from registration requirement
The Reserve Bank of India (“RBI”) has published draft Amendment Directions for exemption from registration to eligible NBFCs ‘not availing public funds […]
RBI notifies Internal Ombudsman Directions for NBFCs; aims at strengthening Internal Grievance Redress mechanism and speedy resolution of complaints
The Reserve Bank of India (“RBI”) has issued the Reserve Bank of India (Non-Banking Financial Companies – Internal Ombudsman) Directions, 2026 (“2026 […]
RBI amends KYC Directions clarifying that the responsibility of verification of identity/address will lie with the RE that has last uploaded/updated the customer’s KYC records in CKYCR
The Reserve Bank of India (“RBI”), has issued Reserve Bank of India (Non-Banking Financial Companies – Know Your Customer) Amendment Directions, 2025 […]
RBI issues new Master Directions to consolidate all regulations related to Payment Aggregators; effective immediately
The Reserve Bank of India (“RBI”) has issued the Reserve Bank of India (Regulation of Payment Aggregators) Directions, 2025 (“2025 Directions”). The 2025 […]
Supreme Court Mandates Inclusive Digital KYC: A Step Toward Equal Access for Persons with Disabilities
The Supreme Court of India (“SC”), in a landmark judgment, has directed the Reserve Bank of India (RBI), SEBI, TRAI and other […]
RBI updates SBR Master Direction directing all NBFCs to comply with the recently issued RBI Directions pertaining to Digital Lending, Pre-Payment charges on loans, Project Finance etc.
The Reserve Bank of India has updated the Master Direction – Reserve Bank of India (Non-Banking Financial Company – Scale Based Regulation) […]
RBI amends KYC Master Directions to introduce additional requirements regarding “Updation / Periodic Updation of KYC”
The Reserve Bank of India (“RBI”) has issued the Reserve Bank of India (Know Your Customer (KYC)) (Amendment) Directions, 2025 (“2025 Amendment”) […]
RBI issues consolidated guidelines on Digital Lending; effective immediately
The Reserve Bank of India (“RBI”) has issued Reserve Bank of India (Digital Lending) Directions, 2025 (“Directions”). These Directions consolidate various regulatory […]
RBI revised the Master Direction on Housing Finance Company (Reserve Bank) Directions, 2021; replaces the previous version
The Reserve Bank of India has issued a notification to revise the Master Direction on Housing Finance Company (Reserve Bank) Directions, 2021. […]
RBI updates SBR Master Directions to align it with recent Notifications on “Treatment of Right-Of-Use Asset For Regulatory Capital Purposes” and “Government Debt Relief Schemes”
The Reserve Bank of India has updated the Master Direction – Reserve Bank of India (Non-Banking Financial Company – Scale Based Regulation) […]