Are You an NBFC Owner or Professional Navigating RBI’s Evolving Regulatory Landscape?

The Reserve Bank of India’s (RBI) revised Net Owned Fund (NOF) requirements will impact thousands of NBFCs across India. Whether you operate as an NBFC-ICC, NBFC-MFI, NBFC-Factor, or a Type I NBFC, understanding these regulatory changes is crucial for compliance and business continuity.

What’s Inside This Article?

Breakdown of RBI’s Glide Path for NOF Compliance
Key Clarifications for Type I and Non-Type I NBFCs
Important Deadlines and Compliance Strategies
Evolution of the NBFC Registration Process

What Does This Mean for Your NBFC?

- Do you need to increase your NOF to ₹10 crore or ₹5 crore?
- Can your NBFC maintain a lower NOF of ₹2 crore?
- What actions should you take before March 31, 2025?

Staying ahead of these regulatory changes will ensure your NBFC remains compliant and continues to thrive in India’s financial ecosystem.