Rbi Issues Fresh Norms For Non-banking Lenders With Effect From 1 Oct | Mint - Mint

The changes have been made to the October 2021 circular titled 'Scale Based Regulation (SBR): A Revised Regulatory Framework for NBFCs', in terms of which a Large Exposure Framework (LEF) is prescribed for NBFCs in the Upper Layer.

The Reserve Bank of India (RBI) on Tuesday announced a series of changes for non-banking lenders to identify large exposures on scale-based regulation (SBR). These norms are aimed at addressing credi… [+4946 chars]

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