RBI Tightens the Reins on Big NBFCs and Government Firms

The RBI just shook things up for NBFCs! If you're a heavyweight with assets over ₹1 trillion, you’re now in the upper tier, and the RBI is keeping a close eye on you. Government-owned NBFCs can no longer enjoy special treatment and must follow the same rules as everyone else. Plus, new guidelines for bank-related NBFCs are now in play!