RBI Says No Registration Needed for Some NBFCs, Cool!

Hey there! So, the RBI just dropped some news on Tuesday: if you're an NBFC without public funds and customers, and your assets are under 1,000 crore, you can skip the registration hassle! They’re calling you 'Unregistered Type I NBFCs.' But if you're a big shot with more than that, better get registered, my friend! Just pop over to the 'PRAVAAH' portal and show 'em what you got!