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RBI Eases the Game for Small NBFCs, No Registration Needed

RBI Eases the Game for Small NBFCs, No Registration Needed

Yo, peep this! The RBI just made a smooth move on Friday, givin’ small NBFCs a break from the registration grind. If you ain't got public funds or customers, and your assets chill under ₹1,000 crore, you’re all good, g! RBI's Sanjay Malhotra said this is to keep things easy for these cool cats. Stakeholders got till February 27, 2026, to drop their thoughts, ya dig?

Quick rundown

  1. RBI eases rules for small NBFCs.
  2. No registration needed for NBFCs under ₹1,000 crore.
  3. Branch expansion gets easier for NBFC-ICCs.
  4. RBI aims for efficient NBFC operations.
  5. Stakeholder comments open until February 2026.

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