Regulatory Alerts2026-04-29
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Reserve Bank of India (Non-Banking Financial Companies – Credit Risk Management) Second Amendment Directions, 2026
Paragraph 8A is inserted to require that credit assessments carried out by Non-Banking Financial Companies (NBFCs) suitably factor in the possible impact of calamities on affected borrowers. This modification applies to NBFCs regulated by the Reserve Bank of India under the relevant Acts. The amendment comes into force with effect from July 1, 2026.
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