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Corporate Laws Central Ministry of Finance Reserve Bank of India Act, 1934

RBI issues Reserve Bank of India (Non-Banking Financial Companies - Auditor’s Report) Directions, 2026

31-Jul-2026 | RBI/DoS/2026-27/468 DoS.CO.ARG.62/08.91.001/2026-27

RBI has issued Reserve Bank of India (Non-Banking Financial Companies - Auditor’s Report) Directions, 2026 with effect from 31st July, 2026 Key highlights are as follows: 1. This Direction shall be applicable to every auditor of a non-banking financial company (NBFCs) other than those companies exempted by the Reserve Bank of India under section 45 NC of the RBI Act 1934 2. In addition to report made by auditor under section 143 of Companies Act 2013 on accounts of the NBFC examined for every financial year ending on any day on or after the commencement of these Directions, the auditor shall also make a separate report to the Board of Directors of the Company on the matters specified in the sections below 3. Chapter II defines the 'Auditors to submit Additional Report to the Board of Directors', which includes: a. Auditor’s Report for All NBFCs, NBFCs accepting / holding Public Deposits, NBFCs Not accepting Public Deposits and Company engaged in the Business of Non-Banking Financial Institution Not required to hold Certificate of Registration subject to Certain Conditions 4. Chapter III defines the 'Auditors to submit Exception Report to RBI' which includes: Obligation of Auditor to submit an Exception Report to RBI For more information, please refer the attached pdf.

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Recent Posts in Corporate Laws

Corporate Laws

RBI issues RBI (All India Financial Institutions (AIFIs) – Prudential Norms on Capital Adequacy) Fifth Amendment Directions, 2026

07-Oct-2026 | RBI/2026-27/289 DOR.MRG.REC.No.245/21-01-002/2026-27

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Labour Laws

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05-Oct-2026 | No. F.14(1) (1) Labour/Law/67-Part-III/00294

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Special Allowance Rates under the Minimum Wages Act, 1948 for Scheduled Employments, Effective from 1 October 2025 to 31 March 2026

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The Office of the Labour Commissioner, Gujarat State, Gandhinagar has issued a notification regarding the daily rates of special allowance p

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