A Reserve Bank of India (RBI) logo is seen inside its headquarters in Mumbai.

A Reserve Bank of India (RBI) logo is seen inside its headquarters in Mumbai.
| Photo Credit: Reuters

The Reserve Bank of India (RBI) has exempted non-deposit taking Non-Banking Finance Companies (NBFCs) with an asset size of less than ₹1,000 crore and not availing public funds, from registration and reserve fund requirements from July 1, 2026. 

The RBI on Wednesday (April 29, 2026) issued a circular reducing compliance requirements for such NBFCs.


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