Scale Based Regulation: A Revised Regulatory Framework For NBFCs
To revamp the regulatory framework for non-banking financial companies (NBFCs) in India, the Reserve Bank of India (RBI) has issued a ‘Framework for Scale Based Regulation for Non-Banking Financial Companies’ (“Framework”) on October 22, 2021. While the Framework will come into force on October 1, 2022, the provisions regarding a ceiling on funding for an initial public offering (IPO) will come into force on April 1, 2022.
For further details, please refer to the below document.
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