{"id":90538,"date":"2026-04-23T17:43:35","date_gmt":"2026-04-23T12:13:35","guid":{"rendered":"https:\/\/enterslice.com\/learning\/?p=90538"},"modified":"2026-04-23T17:50:15","modified_gmt":"2026-04-23T12:20:15","slug":"rbi-new-nbfc-ul-rules","status":"publish","type":"post","link":"https:\/\/enterslice.com\/learning\/rbi-new-nbfc-ul-rules\/","title":{"rendered":"Understanding RBI\u2019s New NBFC-UL Rules\u00a02026\u00a0"},"content":{"rendered":"<p><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> provides loans, credit, and financial services like banks, but it does not have a full banking license.&nbsp;So, they are regulated by the RBI.&nbsp;NBFCs play&nbsp;an important role&nbsp;in the country&rsquo;s economy.&nbsp;<\/p>\n\n\n\n<p>NBFC-UL, or Upper Layer, is a group of large and risky NBFCs within this framework. They are so large that if there is a problem, it can affect the entire financial system.&nbsp;<\/p>\n\n\n\n<p>Until now, the method of&nbsp;identifying&nbsp;NBFC-UL has been a bit complicated. It was difficult to understand who would go to the UL.&nbsp;<\/p>\n\n\n\n<p>So, the RBI has&nbsp;come up with&nbsp;a new proposal. It simplifies the process, clarifies, and creates equal rules for everyone.&nbsp;All the&nbsp;<strong><a href=\"https:\/\/enterslice.com\/nbfc-registration\">NBFC registration<\/a><\/strong>&nbsp;seekers must know about NBFC-UL&nbsp;rules&nbsp;2026.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">What Are NBFCs and How Are They Classified?&nbsp;<\/h2>\n\n\n\n<p>NBFCs provide loans, investments, and funding support to people and businesses, like banks. However, they cannot take demand deposits (savings\/current accounts) like banks. Their role in the country&rsquo;s credit system is&nbsp;very important.&nbsp;<\/p>\n\n\n\n<p>NBFCs are classified&nbsp;as&nbsp;a special rule. It is called&nbsp;the Scale-Based Regulation (SBR). In this framework,<\/p>\n\n\n\n<p><strong>NBFCs are classified into four levels according to risk and size<\/strong>:&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Base Layer (BL):&nbsp;<\/h3>\n\n\n\n<p>Small NBFCs,&nbsp;low risk. Operate under general rules.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Middle Layer (ML):&nbsp;<\/h3>\n\n\n\n<p>Medium-sized NBFCs.&nbsp;More&nbsp;rules have to be followed.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Upper Layer (UL):&nbsp;<\/h3>\n\n\n\n<p>Large and systemically important NBFCs. They are closely&nbsp;monitored.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Top Layer (TL):&nbsp;<\/h3>\n\n\n\n<p>Very rare&nbsp;cases. When an NBFC becomes too risky.&nbsp;<\/p>\n\n\n\n<p>This helps RBI to understand how strictly an NBFC needs to be regulated.&nbsp;<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Why is NBFC-UL Identification Important?&nbsp;&nbsp;<\/h2>\n\n\n\n<p>NBFC-UL identification is&nbsp;very important&nbsp;because it is&nbsp;directly related&nbsp;to the financial stability of the country. Large NBFCs provide loans and funding to many people and businesses. So, if they have any problem, its impact is not limited to just one company but can spread to the entire financial system. So, the RBI&nbsp;identifies&nbsp;such NBFCs in advance and keeps a close watch on&nbsp;them,&nbsp;so any major financial problem can be avoided.&nbsp;<\/p>\n\n\n\n<ul>\n<li><strong>Systemic risk:&nbsp;<\/strong>If a large NBFC is in trouble, it affects the entire <a class=\"glossaryLink\"  aria-describedby=\"tt\"  data-cmtooltip=\"&lt;div class=glossaryItemTitle&gt;Market&lt;\/div&gt;&lt;div class=glossaryItemBody&gt;A market is a structured environment, either physical or virtual, where buyers and sellers convene to trade goods and services. This trading hub operates based on the principles of supply and(...)&lt;\/div&gt;\"  href=\"https:\/\/enterslice.com\/learning\/terms\/market\/\"  data-gt-translate-attributes='[{\"attribute\":\"data-cmtooltip\", \"format\":\"html\"}]'>market<\/a>&nbsp;<\/li>\n\n\n\n<li><strong>Strong regulations are needed:<\/strong>&nbsp;Risk is high due to large loans and investments&nbsp;<\/li>\n\n\n\n<li><strong>Impact on the economy:<\/strong>&nbsp;If it collapses, credit decreases, and businesses are affected&nbsp;<\/li>\n\n\n\n<li><strong>Early identification:<\/strong>&nbsp;If&nbsp;identified&nbsp;early, RBI can take&nbsp;timely&nbsp;action&nbsp;<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\">Existing Method of Identifying NBFC-UL&nbsp;<\/h2>\n\n\n\n<p>Currently, a &ldquo;two-pronged approach&rdquo; is used to&nbsp;identify&nbsp;NBFC-UL.&nbsp;<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Top 10 NBFCs by asset size:&nbsp;<\/h2>\n\n\n\n<p>The largest 10 NBFCs are directly placed in UL.&nbsp;<\/p>\n\n\n\n<p><strong>Parametric scoring system:<\/strong>&nbsp;<\/p>\n\n\n\n<p>Other NBFCs are given scores based on various risks.&nbsp;<\/p>\n\n\n\n<p><strong>Some&nbsp;important factors&nbsp;to consider for scoring:<\/strong>&nbsp;<\/p>\n\n\n\n<ul>\n<li><strong>Size:<\/strong>&nbsp;How big are the company&rsquo;s total assets&nbsp;<\/li>\n\n\n\n<li><strong>Leverage:<\/strong>&nbsp;How much debt is it&nbsp;operating&nbsp;with&nbsp;<\/li>\n\n\n\n<li><strong>Interconnectedness:<\/strong>&nbsp;How connected is it to other institutions&nbsp;<\/li>\n<\/ul>\n\n\n\n<p><strong>The key problems are<\/strong>:&nbsp;<\/p>\n\n\n\n<ul>\n<li>This method is&nbsp;very complicated&nbsp;<\/li>\n\n\n\n<li>It is not clear who will go to UL&nbsp;<\/li>\n\n\n\n<li>It is difficult to predict in advance&nbsp;<\/li>\n<\/ul>\n\n\n\n<p>So, it&nbsp;has become&nbsp;difficult for many companies to plan.&nbsp;<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">RBI&rsquo;s Proposed Changes Explained&nbsp;<\/h2>\n\n\n\n<p>The Reserve Bank of India (RBI) has proposed some&nbsp;important changes&nbsp;to simplify and clarify the rules for&nbsp;identifying&nbsp;NBFC-UL. Earlier, this process was a bit complicated, but now it is&nbsp;simplified.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Asset Size-Based Criteria<\/h3>\n\n\n\n<p>Now, a simple rule has been brought. NBFCs with total assets of &#8377;1,00,000 crore or more will be considered NBFC-UL directly. This will&nbsp;eliminate&nbsp;the need for calculations or scores as was done earlier. The&nbsp;rules are&nbsp;simple and easy to understand for everyone.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Inclusion of Government NBFCs<\/h3>\n\n\n\n<p>Earlier, government NBFCs were generally not included in&nbsp;the UL.&nbsp;Now, according to the new proposal, if their size is large, they will also be included in&nbsp;the UL. This will make the same rules applicable to government and private NBFCs.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Use of State Government Guarantees<\/h3>\n\n\n\n<p>NBFC-UL will now be able to use state government guarantees to mitigate credit risk. There is no specific limit on this, but there will be some conditions. This will make it easier for NBFCs to lend and manage risk.<\/p>\n\n\n\n<div style=\"margin:30px 0; padding:30px; background-color:#0b5ed7; border-radius:8px;\">\n  <div style=\"max-width:900px; margin:0 auto; color:#ffffff;\">\n \n    <h3 style=\"color:#ffffff; font-size:22px; font-weight:600; margin-bottom:12px;\">\nStay ahead of RBI&rsquo;s NBFC-UL Rules 2026 with expert compliance support<\/h3>\n \n      <a href=\"https:\/\/enterslice.com\/consultation?sid=N0N6V29JdDRHZFJHaUhvUWpOZTdUQT09\" target=\"_blank\" style=\"\n       display:inline-block;\n       padding:14px 28px;\n       background-color:#ffffff;\n       color:#0b5ed7;\n       text-decoration:none;\n       font-size:16px;\n       font-weight:600;\n       border-radius:6px;\" rel=\"noopener\">\n       Partner with Enterslice for seamless NBFC compliance\n    <\/a>\n \n  <\/div>\n<\/div>\n\n\n\n<h2 class=\"wp-block-heading\">What are the&nbsp;Key Benefits of the New Proposal?&nbsp;<\/h2>\n\n\n\n<h3 class=\"wp-block-heading\">Given below are the key benefits of the new proposal-<\/h3>\n\n\n\n<ul>\n<li><strong>Transparency will increase:&nbsp;<\/strong>Rules will be clear to everyone,&nbsp;as they will be easier to understand&nbsp;<\/li>\n\n\n\n<li><strong>Compliance will be easier:<\/strong>&nbsp;It will be easier for companies to&nbsp;comply with&nbsp;the rules&nbsp;<\/li>\n\n\n\n<li><strong>Level competition:&nbsp;<\/strong>Same rules for public and private NBFCs&nbsp;<\/li>\n\n\n\n<li><strong>Risk management will be better:&nbsp;<\/strong>Large NBFCs will be kept under strict scrutiny&nbsp;<\/li>\n\n\n\n<li><strong>Predictability will be easier:<\/strong>&nbsp;Companies will know in advance whether they will fall under UL or not&nbsp;<\/li>\n\n\n\n<li><strong>Regulatory stability:<\/strong>&nbsp;Business decisions will be easier as the rules are clear&nbsp;<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\">Challenges and Concerns&nbsp;<\/h3>\n\n\n\n<ul>\n<li><strong>Size alone is not enough:&nbsp;<\/strong>Asset size alone does not capture all risks&nbsp;<\/li>\n\n\n\n<li><strong>More NBFCs will come under UL:<\/strong>&nbsp;many companies will have to&nbsp;comply with&nbsp;strict rules&nbsp;<\/li>\n\n\n\n<li><strong>Costs will increase:<\/strong>&nbsp;Compliance and reporting costs may increase&nbsp;<\/li>\n\n\n\n<li><strong>Pressure on public NBFCs:&nbsp;<\/strong>They will also have to&nbsp;comply with&nbsp;more rules under the new rules&nbsp;<\/li>\n\n\n\n<li><strong>Operational issues:&nbsp;<\/strong>There may be some problems while moving from small to large scale&nbsp;<\/li>\n\n\n\n<li><strong>Corporate conflicts:&nbsp;<\/strong>For example, in the case of Tata Sons, the UL rules created a listing issue&nbsp;<\/li>\n\n\n\n<li><strong>Less flexibility:&nbsp;<\/strong>Some business decisions may be delayed due to strict regulations&nbsp;<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\">Corporate Perspective and Industry Reactions&nbsp;<\/h2>\n\n\n\n<p>This proposal has sparked a lot of discussion in the corporate world. For example, Tata Sons was earlier identified as NBFC-UL. Since listing was mandatory under the UL rules, they later gave up their NBFC license. This incident shows how big the impact of the rules can be.&nbsp;<\/p>\n\n\n\n<p>According to experts, as ICRA Limited said, the new rules will make things clearer. Many more NBFCs can now come under&nbsp;the UL.&nbsp;<\/p>\n\n\n\n<p>Overall,&nbsp;industry&nbsp;changes will increase transparency and help to&nbsp;plan&nbsp;for&nbsp;the&nbsp;future.&nbsp;<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Way Forward&nbsp;<\/h2>\n\n\n\n<p>To make this change successful in the coming days, some important things need to be kept in mind. Not only asset size, but other aspects of risk should also be considered. A balanced approach is needed, where both size and risk are considered.&nbsp;<\/p>\n\n\n\n<p>This rule should be introduced gradually so that companies can adapt. The RBI should give clear guidelines to erase confusion.&nbsp;<\/p>\n\n\n\n<p>It also needs strong monitoring&nbsp;and&nbsp;feedback from the industry and stakeholders. This will make the rules more realistic and effective.&nbsp;<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">How Can Enterslice Help Companies Comply?&nbsp;&nbsp;<\/h2>\n\n\n\n<p>NBFC-related rules can be complex at times. Here, Enterslice can provide support for companies. They help make the entire process easy to understand and&nbsp;comply with.&nbsp;<\/p>\n\n\n\n<ul>\n<li><strong>NBFC Registration Support:&nbsp;<\/strong>Complete guidance on starting a new NBFC&nbsp;<\/li>\n\n\n\n<li><strong>SBR Compliance Advisory:<\/strong>&nbsp;Which layer will you fall under, and what rules will you have to follow&nbsp;<\/li>\n\n\n\n<li><strong>Help in understanding UL classification:&nbsp;<\/strong>Understanding whether a company falls under UL or not&nbsp;<\/li>\n\n\n\n<li><strong>Documentation and Filing:<\/strong>&nbsp;Preparing and&nbsp;submitting&nbsp;necessary documents to the RBI&nbsp;<\/li>\n\n\n\n<li><strong>Corporate Governance Guidance:<\/strong>&nbsp;Board, Capital, and Risk Management&nbsp;<\/li>\n\n\n\n<li><strong>Regular Compliance Support:&nbsp;<\/strong>Ongoing&nbsp;<strong><a href=\"https:\/\/enterslice.com\/nbfc-annual-compliance\">NBFC compliance<\/a><\/strong>&nbsp;support&nbsp;<\/li>\n<\/ul>\n\n\n\n<p>So, Enterslice acts as a one-stop solution. It helps companies&nbsp;comply with&nbsp;the rules easily.<\/p>\n\n\n\n<div style=\"margin:30px 0; padding:30px; background-color:#0b5ed7; border-radius:8px;\">\n  <div style=\"max-width:900px; margin:0 auto; color:#ffffff;\">\n \n    <h3 style=\"color:#ffffff; font-size:22px; font-weight:600; margin-bottom:12px;\">\nFrom registration to UL compliance-manage everything in one place<\/h3>\n \n      <a href=\"https:\/\/enterslice.com\/consultation?sid=N0N6V29JdDRHZFJHaUhvUWpOZTdUQT09\" target=\"_blank\" style=\"\n       display:inline-block;\n       padding:14px 28px;\n       background-color:#ffffff;\n       color:#0b5ed7;\n       text-decoration:none;\n       font-size:16px;\n       font-weight:600;\n       border-radius:6px;\" rel=\"noopener\">\n       Choose Enterslice for complete NBFC solutions\n    <\/a>\n \n  <\/div>\n<\/div>\n\n\n\n<h2 class=\"wp-block-heading\">Conclusion&nbsp;<\/h2>\n\n\n\n<p>The RBI aims to simplify and clarify the process of&nbsp;identifying&nbsp;NBFC-UL. This will ensure that the same rules apply to everyone in a fair way.&nbsp;<\/p>\n\n\n\n<p>This change can help strengthen the country&rsquo;s financial stability.&nbsp;However, it is very important to implement it properly.&nbsp;This change can strengthen and better organize the NBFC sector in the coming&nbsp;days.&nbsp;<br>&nbsp;<br><strong><a href=\"https:\/\/enterslice.com\/\">Enterslice<\/a><\/strong>&nbsp;is here to help businesses&nbsp;comply&nbsp;with&nbsp;all the rules easily.&nbsp;So,&nbsp;contact us today&nbsp;for hassle-free&nbsp;NBFC&nbsp;compliance.&nbsp;&nbsp;<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Common Questions About&nbsp;RBI&rsquo;s New NBFC-UL Rules<\/h2>\n\n\n<div class=\"saswp-faq-block-section\"><ol style=\"list-style-type:none\"><li style=\"list-style-type: none\"><h3>What are NBFCs?<\/h3><p class=\"saswp-faq-answer-text\">NBFCs are institutions that provide loans, investments, and financial services like banks. However, they do not open savings or current accounts like banks. The Reserve Bank of India (RBI) regulates these NBFCs. They provide&nbsp;very important&nbsp;funding support to businesses, small enterprises, and individuals.<\/p><\/li><li style=\"list-style-type: none\"><h3>What is NBFC-UL under RBI rules?<\/h3><p class=\"saswp-faq-answer-text\">NBFC-UL or Upper Layer are those NBFCs that are large in size and also important in terms of risk.&nbsp;If such NBFCs have problems, the entire financial system can be affected. Therefore, the RBI keeps a close eye on this group and applies strict rules.<\/p><\/li><li style=\"list-style-type: none\"><h3>What is the new &#8377;100,000 crore rule?<\/h3><p class=\"saswp-faq-answer-text\">According to the new proposal, NBFCs with total assets of &#8377;100,000 crore or more will be directly treated as NBFC-UL. Earlier, this identification was a bit complicated. Now this rule is simple and clear. This will help companies to understand in advance whether they will fall under&nbsp;UL&nbsp;or not.<\/p><\/li><li style=\"list-style-type: none\"><h3>Why is RBI changing the NBFC-UL identification method?<\/h3><p class=\"saswp-faq-answer-text\">The Reserve Bank of India (RBI) is bringing this change so that the rules are simpler, clearer, and equal for everyone. The&nbsp;previous&nbsp;method had many complex calculations, which were difficult to understand. The new rule has kept a specific limit so that confusion is reduced, and companies can plan easily.<\/p><\/li><li style=\"list-style-type: none\"><h3>Will government NBFCs now come under stricter rules?<\/h3><p class=\"saswp-faq-answer-text\">Yes, according to the new proposal, government NBFCs can now also be placed in NBFC-UL according to their size. Earlier, they were usually not at this level. Now the same rules will&nbsp;be&nbsp;applicable&nbsp;to government and private NBFCs. So, they may also have to follow more compliance and strict rules.<\/p><\/li><li style=\"list-style-type: none\"><h3>What happens if an NBFC becomes&nbsp;NBFC-UL?<\/h3><p class=\"saswp-faq-answer-text\">If an NBFC falls into&nbsp;UL, then it will have to follow stricter rules. For example, keeping more capital and&nbsp;maintaining&nbsp;good corporate governance and regular reporting. RBI will keep a closer eye on them. These rules help in reducing risk and keeping the system safe.<\/p><\/li><li style=\"list-style-type: none\"><h3>Are NBFC-UL entities riskier than others?<\/h3><p class=\"saswp-faq-answer-text\">NBFC-UL entities are usually large in size and transact a lot.&nbsp;So, their risk may also be&nbsp;relatively high. However, this does not mean that they are bad or unsafe. Rather, due to their high importance, the RBI keeps a close eye on them so that any problem can be controlled in advance.<\/p><\/li><li style=\"list-style-type: none\"><h3>How does this change impact companies?<\/h3><p class=\"saswp-faq-answer-text\">This new rule will bring some changes for companies.&nbsp;Those who fall under UL will have to follow more rules, and costs may also increase.&nbsp;However, companies will be able to plan when the rules are clear. This helps to run the business&nbsp;in the long run.<\/p><\/li><li style=\"list-style-type: none\"><h3>What challenges can NBFCs face under the new rules?<\/h3><p class=\"saswp-faq-answer-text\">The biggest challenge for NBFCs may be&nbsp;additional&nbsp;compliance and costs. Judging risk by asset size alone may not always be&nbsp;accurate. Also, many companies may move to the UL with new rules. This change may be a little difficult for them to adapt to.<\/p><\/li><li style=\"list-style-type: none\"><h3>How can companies prepare for these changes?<\/h3><p class=\"saswp-faq-answer-text\">Companies need to understand their financial position in advance to prepare. Capital, risk management, and reporting systems need to be strengthened. If necessary, help from experts like Enterslice can be taken so that they can&nbsp;comply with&nbsp;all the rules and&nbsp;avoid&nbsp;any problems.<\/p><\/li><\/ol><\/div>","protected":false},"excerpt":{"rendered":"<p><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> provides loans, credit, and financial services like banks, but it does not have a full banking license.&nbsp;So, they are regulated by the RBI.&nbsp;NBFCs play&nbsp;an important role&nbsp;in the country&rsquo;s economy.&nbsp; NBFC-UL, or Upper Layer, is a group of large and risky NBFCs within this framework. They are so large that if there is a problem, [&hellip;]<\/p>\n","protected":false},"author":61,"featured_media":90539,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[6],"tags":[],"acf":{"service_id":"198"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v14.6.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>RBI NBFC-UL Guidelines 2026: What You Need to Know<\/title>\n<meta name=\"description\" content=\"Explore the latest RBI NBFC-UL rules for 2026. Understand new norms, regulatory changes, and how they affect NBFC operations.\" \/>\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\/rbi-new-nbfc-ul-rules\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"RBI NBFC-UL Guidelines 2026: What You Need to Know\" \/>\n<meta property=\"og:description\" content=\"Explore the latest RBI NBFC-UL rules for 2026. Understand new norms, regulatory changes, and how they affect NBFC operations.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterslice.com\/learning\/rbi-new-nbfc-ul-rules\/\" \/>\n<meta property=\"og:site_name\" content=\"Enterslice\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/enterslice\" \/>\n<meta property=\"article:published_time\" content=\"2026-04-23T12:13:35+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2026-04-23T12:20:15+00:00\" \/>\n<meta name=\"twitter:card\" content=\"summary\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/enterslice.com\/learning\/wp-content\/uploads\/2026\/04\/Understanding-RBIs-New-NBFC-UL-Rules-2026.webp\" \/>\n<meta name=\"twitter:creator\" content=\"@enterslice\" \/>\n<meta name=\"twitter:site\" content=\"@enterslice\" \/>\n<!-- \/ Yoast SEO plugin. -->","authorName":"Monisha Chaudhary","authorImageUrl":"https:\/\/enterslice.com\/learning\/wp-content\/uploads\/2022\/04\/Monisha-Chaudhary-150x150-1.jpg","authorDescription":"Monisha Chaudhary is a distinguished partner at Enterslice with 10+ years of relevant industry experience in company incorporation, fintech, regulatory compliance, insurtech consulting, and M&amp;A. Her creative thought process pushes her to draft excellent writeups. Besides effortlessly tackling business challenges, she invests her free time in writing blogs and articles.","postViews":3,"readingTime":6,"nextPost":null,"prevPost":{"id":90528,"slug":"aif-growth-in-india-commitments-may-cross-53-lakh-crore-by-fy2030"},"featuredMediaUrl":"https:\/\/enterslice.com\/learning\/wp-content\/uploads\/2026\/04\/Understanding-RBIs-New-NBFC-UL-Rules-2026.webp","postTerms":"NBFC","_links":{"self":[{"href":"https:\/\/enterslice.com\/learning\/wp-json\/wp\/v2\/posts\/90538"}],"collection":[{"href":"https:\/\/enterslice.com\/learning\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterslice.com\/learning\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterslice.com\/learning\/wp-json\/wp\/v2\/users\/61"}],"replies":[{"embeddable":true,"href":"https:\/\/enterslice.com\/learning\/wp-json\/wp\/v2\/comments?post=90538"}],"version-history":[{"count":6,"href":"https:\/\/enterslice.com\/learning\/wp-json\/wp\/v2\/posts\/90538\/revisions"}],"predecessor-version":[{"id":90546,"href":"https:\/\/enterslice.com\/learning\/wp-json\/wp\/v2\/posts\/90538\/revisions\/90546"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterslice.com\/learning\/wp-json\/wp\/v2\/media\/90539"}],"wp:attachment":[{"href":"https:\/\/enterslice.com\/learning\/wp-json\/wp\/v2\/media?parent=90538"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterslice.com\/learning\/wp-json\/wp\/v2\/categories?post=90538"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterslice.com\/learning\/wp-json\/wp\/v2\/tags?post=90538"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}