Many Indian lenders offer flexible credit lines. A borrower can take money, repay it, and take it again. The Reserve Bank of India (RBI) now wants to limit this for most non-banking financial companies (NBFCs). The Governor has also explained why. This post covers what the RBI proposed, what the
On September 11, 2026, the Reserve Bank of India (RBI) said no to Tata Sons. The group had asked to give up its Core Investment Company (CIC) registration. The RBI rejected the Tata Sons CoR surrender request in a letter dated September 11, 2026. This is more than a Tata
Let me guess how your week is going. Someone forwarded you the RBI draft. Someone else sent a WhatsApp forward with a headline that says “ban.” Your credit head wants to know if the working-capital line is dead. Your tech head wants to know whether to start rebuilding the LMS.
“Making the UL list isn’t a trophy. It’s a to-do list.” Let me paint you a picture. The RBI releases its NBFC Upper Layer list. Your company’s name is on it. The mood in the office is bright. Someone drafts a press note. Someone else wants to order sweets. Now
Your next CIC miss won’t wait for the month-end. It will show up on the 9th. Or the 16th. Or the 23rd. That’s the new reality for every NBFC ops team in India, as set out by the Reserve Bank of India. The old habit of fixing bureau errors “before
NBFCs shall only offer credit products which are in nature of term loans and shall not offer any revolving credit products. That one line, buried in a routine-looking draft from the Reserve Bank of India, set off a chain reaction across India’s shadow banking sector. It landed on August 6,
If you follow NBFCs (Non-Banking Financial Companies) in India, you’ve probably heard the term “ECL” a lot. It stands for Expected Credit Loss. It’s an accounting rule. And it has a real effect on how much profit an NBFC reports each year. Let’s break it down in plain words. What
NBFCs deal with a lot of personal data. Loan forms. KYC scans. Bank statements. Credit checks. Video KYC recordings. Call logs from collections teams. No other business touches this much personal data per customer. This is exactly why NBFC compliance teams need to pay close attention to this new law.
The Reserve Bank of India (RBI) has made big changes to NBFC rules. NBFC stands for Non-Banking Financial Company. In 2026, RBI released many new rules. These rules change how NBFCs register. They change how NBFCs grow. They change how NBFCs give and collect loans. These changes touch many companies.
Why This Topic Matters Right Now NBFC deals are booming in India. In 2025, banking and financial services deals touched USD 15.7 billion across 84 transactions — about 26% of all Indian M&A value that year. Big names made headlines. MUFG bought a 20% stake in Shriram Finance for Rs
Many Indian lenders offer flexible credit lines. A borrower can take money, repay it, and take it again. The Reserve Bank of India (RBI) now
On September 11, 2026, the Reserve Bank of India (RBI) said no to Tata Sons. The group had asked to give up its Core Investment
Let me guess how your week is going. Someone forwarded you the RBI draft. Someone else sent a WhatsApp forward with a headline that says
“Making the UL list isn’t a trophy. It’s a to-do list.” Let me paint you a picture. The RBI releases its NBFC Upper Layer list.
Your next CIC miss won’t wait for the month-end. It will show up on the 9th. Or the 16th. Or the 23rd. That’s the new
NBFCs shall only offer credit products which are in nature of term loans and shall not offer any revolving credit products. That one line, buried
If you follow NBFCs (Non-Banking Financial Companies) in India, you’ve probably heard the term “ECL” a lot. It stands for Expected Credit Loss. It’s an
NBFCs deal with a lot of personal data. Loan forms. KYC scans. Bank statements. Credit checks. Video KYC recordings. Call logs from collections teams. No
The Reserve Bank of India (RBI) has made big changes to NBFC rules. NBFC stands for Non-Banking Financial Company. In 2026, RBI released many new
Why This Topic Matters Right Now NBFC deals are booming in India. In 2025, banking and financial services deals touched USD 15.7 billion across 84
