2.3 Banks may formulate suitable loan policy with the approval of their Boards of Directors within the prudential guidelines and exposure norms prescribed by the Reserve Bank to extend various kinds of credit facilities to NBFCs subject to the condition that the activities indicated in pa...
RBI has consolidated the regulatory framework for non-fund based facilities offered by various REs. The draft guidelines provide prudential requirements for non-fund based products being offered by Banks, NBFCs and AIFIs. This would also cover under its ambit guarantees extended by NBFCs, however ...
Banks' lending to NBFCs fell to Rs 1 lakh crore in 2024, compared to nearly Rs 2 lakh crore in 2023. The RBI increased the risk weight for bank credit to NBFCs by 25 basis points to 125% in November 2023. As a result, lending to NBFCs became more expensive for banks. This led ...
RBI/2022-23/92 DoR.AUT.REC.No.27/24.01.041/2022-23 RBI 2022 23 92 DoR AUT REC No 27 24 01 041 2022 23 April 21 2022 Master Direction Credit Card and Debit Card Issuance and Conduct Directions 2022 In exercise of