RBI Reveals Electrifying New Rules for NBFCs and HFCs

Hold onto your hats, folks! The RBI has just shaken things up for NBFCs and HFCs! On Tuesday, they unveiled a fresh application form for those looking to bid adieu to their Certificate of Registration via the PRAVAAH portal! Are you feeling the intensity? But don’t mistake this for a cancellation; it’s merely a tactical retreat in the financial arena! What a spectacle!

Quick rundown

1.RBI updates rules for NBFCs surrendering registration.

2.New application forms available on PRAVAAH portal.

3.Changes follow regulatory framework updates for Type I NBFCs.

4.Submission doesn't mean automatic registration cancellation.

5.Entities must comply with RBI until CoR cancellation is approved.

RBI Pulls the Plug on 135 NBFCs in a Finance Fiasco
RBI Pulls the Plug on 135 NBFCs in a Finance Fiasco
Hold onto your wallets! The RBI just pulled the plug on 135 non-banking finance companies, mostly from West Bengal. Many are saying goodbye after merging or just quitting the finance game. Companies like Express Fincap and Akshay Fiscal Services are taking a tumble in this wild finance rollercoaster.
04:25 pm on Wednesday, 10 June, 2026
RBI Takes Charge, No More Freebies for NBFCs, Believe Me!
RBI Takes Charge, No More Freebies for NBFCs, Believe Me!
Folks, the RBI is making moves like never before! They’re saying, 'If you’re an NBFC with over ₹1 trillion, you better shape up!' No more free passes for government-owned NBFCs—everyone’s in the same boat now! They’ll be watching these big players every year. Tremendous regulations, folks, absolutely necessary!
04:40 pm on Wednesday, 24 June, 2026
RBI Ki Nayi Baat: NBFCs Ko Insurance Bechne Ki Azaadi
RBI Ki Nayi Baat: NBFCs Ko Insurance Bechne Ki Azaadi
Arre bhai, suno! RBI ne bola hai ki ab NBFCs bina unki permission ke bhi insurance bech sakte hain! Kya baat hai! Lekin yeh sab Irdai ki baatein maan kar karna padega. Banks ko sirf referral karne diya hai, khud bech nahi sakte. Yeh sab rules samajh nahi aate, par chalo, Daya ki tarah dance karte hain aur dekhte hain kya hota hai!
04:40 pm on Monday, 15 June, 2026
RBI Ka Naya Rule: Roz Roz Report Karo FCNR Deposits
RBI Ka Naya Rule: Roz Roz Report Karo FCNR Deposits
Arre bhai, RBI ne bola hai ki sab banks ko roz roz bataana hai kitne FCNR(B) deposits, ECBs aur OFCBs ka chakkar hai! Har roz shaam 6 baje report karna hai, nahi toh Daya ka gussa dekhne ko milega! Naye NRE deposits ko CRR aur SLR se chutti milegi, par NRO se NRE mein transfer nahi chalega. Kya confusion hai yaar, samjha nahi! Bas, sabko samajh aata toh main Babita Ji ko impress kar pata!
02:10 pm on Friday, 19 June, 2026
RBI FCNR Swap Saga: Just Principal, Interest Not Invited
RBI FCNR Swap Saga: Just Principal, Interest Not Invited
Yo, peep this! RBI just spilled the tea on the FCNR swap drama—only your original cash is safe, no interest vibes here! They’re letting banks hand out loans on these deposits, but only if they play by the rules. And guess what? They're trying to reel in foreign cash by making dollar deposits look hella appealing. So, NRIs, get ready to flex those dollars, but don’t expect any interest love from RBI!
03:05 pm on Tuesday, 23 June, 2026

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