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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 – Miscellaneous) Supervisory Directions, 2026

31-Jul-2026 | RBI/DoS/2026-27/467 DoS.CO.PPG.61/11.01.005/2026-27

RBI has issued Reserve Bank of India (Non-Banking Financial Companies – Miscellaneous) Supervisory Directions, 2026 with effect from 31st July, 2026 Key highlights are as follows: 1. The Direction shall be applicable to Non-Banking Financial Companies (NBFCs), for all layers, holding registration under the Reserve Bank of India Act, 1934 or the Factoring Regulation Act, 2011 and Housing Finance Companies holding registration under the National Housing Bank Act, 1987, unless specified otherwise. However provision of Chapter III shall be applicable to Housing Finance Companies and Micro Finance Institutions as well and provision of Chapter IV shall only be applicable to deposit taking NBFCs (NBFCs-D) excluding Housing Finance Companies. 2. The Directions require NBFCs in the Upper and Middle Layers with 10 or more fixed point service delivery units to implement a Core Financial Services Solution (CFSS) and submit quarterly implementation progress reports to RBI 3. They direct NBFCs to review loan disbursal, interest charging, EMI computation, amortisation schedules, and related practices to address unfair practices and encourage online account transfers for loan disbursals 4. Deposit-taking NBFCs are required to strengthen nomination coverage for deposit accounts, review progress periodically, report quarterly through the DAKSH portal, and conduct customer awareness initiatives For more information, please refer to attached pdf.

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