{"id":53507,"date":"2021-10-23T15:20:33","date_gmt":"2021-10-23T09:50:33","guid":{"rendered":"https:\/\/enterslice.com\/learning\/?page_id=53507"},"modified":"2021-10-23T15:21:03","modified_gmt":"2021-10-23T09:51:03","slug":"revised-regulatory-framework-for-nbfcs","status":"publish","type":"page","link":"https:\/\/enterslice.com\/learning\/whitepapers\/revised-regulatory-framework-for-nbfcs\/","title":{"rendered":"Revised Regulatory Framework For NBFCs"},"content":{"rendered":"<p>On 22<sup>nd<\/sup> October 2021, the Reserve Bank of India or RBI has introduced a revised Scale Based Regulator Framework for NBFCs &nbsp;in India and the same will be effective from 1<sup>st<\/sup> October 2022.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Regulatory Structure For NBFCs<\/h2>\n\n\n\n<p>Regulatory structure for NBFCs shall comprise of 4 layers based on their size, activity, and perceived riskiness. NBFCs in the lowest layer shall be known as <a class=\"glossaryLink\"  aria-describedby=\"tt\"  data-cmtooltip=\"&lt;div class=glossaryItemTitle&gt;NBFC&lt;\/div&gt;&lt;div class=glossaryItemBody&gt;Non-Banking Financial Companies (NBFC) operate similarly to banks but do not possess the legal status of a bank. Registered under the Companies Act 2013 and governed by the RBI Act&amp;#039;s section(...)&lt;\/div&gt;\"  href=\"https:\/\/enterslice.com\/learning\/terms\/nbfc\/\"  data-gt-translate-attributes='[{\"attribute\":\"data-cmtooltip\", \"format\":\"html\"}]'>NBFC<\/a> &ndash; Base Layer (NBFC-BL). NBFCs in middle layer and upper layer shall be known as NBFC &ndash; Middle Layer (NBFC-ML) and NBFC &ndash; Upper Layer (NBFC-UL) respectively. The Top Layer is ideally expected to be empty and will be known as NBFC &ndash; Top Layer (NBFC-TL)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>On 22nd October 2021, the Reserve Bank of India or RBI has introduced a revised Scale Based Regulator Framework for NBFCs &nbsp;in India and the same will be effective from 1st October 2022. Regulatory Structure For NBFCs Regulatory structure for NBFCs shall comprise of 4 layers based on their size, activity, and perceived riskiness. NBFCs [&hellip;]<\/p>\n","protected":false},"author":35,"featured_media":53508,"parent":15144,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"download-newsletter.php","meta":[],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v14.6.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Revised Regulatory Framework For NBFCs - Enterslice<\/title>\n<meta name=\"description\" content=\"On 22nd October 2021, the Reserve Bank of India or RBI has introduced a revised Scale Based Regulator Framework for NBFCs in India.\" \/>\n<meta name=\"robots\" content=\"index, follow\" \/>\n<meta name=\"googlebot\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<meta name=\"bingbot\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterslice.com\/learning\/whitepapers\/revised-regulatory-framework-for-nbfcs\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Revised Regulatory Framework For NBFCs - Enterslice\" \/>\n<meta property=\"og:description\" content=\"On 22nd October 2021, the Reserve Bank of India or RBI has introduced a revised Scale Based Regulator Framework for NBFCs in India.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterslice.com\/learning\/whitepapers\/revised-regulatory-framework-for-nbfcs\/\" \/>\n<meta property=\"og:site_name\" content=\"Enterslice\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/enterslice\" \/>\n<meta property=\"article:modified_time\" content=\"2021-10-23T09:51:03+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/enterslice.com\/learning\/wp-content\/uploads\/2021\/10\/Framework-For-NBFCs.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"670\" \/>\n\t<meta property=\"og:image:height\" content=\"352\" \/>\n<meta name=\"twitter:card\" content=\"summary\" \/>\n<meta name=\"twitter:creator\" content=\"@enterslice\" \/>\n<meta name=\"twitter:site\" content=\"@enterslice\" \/>\n<!-- \/ Yoast SEO plugin. -->","_links":{"self":[{"href":"https:\/\/enterslice.com\/learning\/wp-json\/wp\/v2\/pages\/53507"}],"collection":[{"href":"https:\/\/enterslice.com\/learning\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/enterslice.com\/learning\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/enterslice.com\/learning\/wp-json\/wp\/v2\/users\/35"}],"replies":[{"embeddable":true,"href":"https:\/\/enterslice.com\/learning\/wp-json\/wp\/v2\/comments?post=53507"}],"version-history":[{"count":0,"href":"https:\/\/enterslice.com\/learning\/wp-json\/wp\/v2\/pages\/53507\/revisions"}],"up":[{"embeddable":true,"href":"https:\/\/enterslice.com\/learning\/wp-json\/wp\/v2\/pages\/15144"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterslice.com\/learning\/wp-json\/wp\/v2\/media\/53508"}],"wp:attachment":[{"href":"https:\/\/enterslice.com\/learning\/wp-json\/wp\/v2\/media?parent=53507"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}