RBI makes it easier for small NBFCs to operate hassle-free

The Reserve Bank of India (RBI) just made a big move! On Friday, they announced that small non-banking financial companies (NBFCs) with less than ₹1,000 crore in assets and no customer interaction can skip the registration process. Governor Sanjay Malhotra said this will help these companies operate smoothly without extra hassle. It's all about making things easier for the little guys!