RBI’s NBFC Reclassification Framework: What Changes From July 1, 2026
The Reserve Bank of India has changed the rules for NBFCs in India. On April 29, 2026, RBI issued a new set of rules called the Non-Banking Financial Companies – Registration, Exemptions and Framework for Scale-Based Regulation (Amendment) Directions, 2026. These rules start on July 1, 2026. They change how