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RBI's New NBFC Norms To Make Way For Less Arbitrage, More Supervision
What changes after the RBI introduced scale-based regulation for NBFCs?
26 Oct 2021, 10:47 AM IST
The Reserve Bank of India's latest guidelines on scale-based regulation for non-bank finance companies will allow for the larger non-bank lenders to be treated on a par with banks, while also increasing supervision and compliance for smaller lenders. The guidelines call for creation of four layers — base layer, middle layer, upper layer and top layer. NBFCs will be placed in each of these layers on the basis of their size, business m...
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