25 YEARS IN INDIA: LEADING WITH IMPACT
Key Regulatory Measures (III/III)
Recent Trends
ā
Jan 22
Framework for Facilitating Small Value
Digital Payments in Offline Mode
Implementation of 'Core Financial
Feb 22
Services Solution' by NBFCs
Mar 22
An offline payment, transaction which does not require internet or telecom connectivity
to take effect
The CFSS, as adopted by banks shall provide for seamless customer interface in digital
offerings and transactions relating to products and services with anywhere, enable
integration of NBFCs
Regulatory Framework for Microfinance All collateral-free loans, for households having annual income up to 3,00,000, shall be
Loans
considered as microfinance loans
Apr 22 Disclosures in Financial Statements
$
Apr 22
May 22
Jun 22
NBFCs are required to make disclosures in their financial statements in accordance with
existing prudential guidelines, applicable accounting standards, laws, and regulations
RBI tightens NBFC lending and disclosure Mid layer and Upper layer NBFCs shall not lend more than Rs. 5 crores to directors or their
guidelines
PSL by Commercial Banks to NBFCs and
SFBS to NBFC-MFIS
Provisioning for Standard assets by
NBFC-UL
related firms
Bank credit to NBFCs for on-lending will be allowed up to an overall limit of 5% of an
individual bank's total priority sector lending (PSL) in case of commercial banks and 10%
for SFBs to lend to NBFC-MFIs and other MFIs
NBFCs in the upper regulatory layer to maintain provisions for standard advances based on
category of assets
Source: Reserve Bank of India
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