A layered approach to NBFC Regulation скачать в хорошем качестве

A layered approach to NBFC Regulation

The RBI had, in its Statement on Development and Regulatory Policies dated December 4, 2020, highlighted a need to review the regulatory framework in line with the changing risk profile of NBFCs. The NBFC sector has witnessed various changes in the regulatory framework in the past few years, making it more comprehensive. However, the tremendous growth in the sector combined with regulatory arbitrage enjoyed by the NBFCs is now leading to a systemic risk. Hence, the regulators have thought it necessary to tighten the regulatory norms for NBFCs holding a major chunk of market share. In line with the aforesaid announcement, the RBI released a Discussion Paper on January 22, 2021, seeking inputs from industry participants. Considering the various inputs received from the industry participants, the RBI has finally issued the Revised Regulatory Framework for NBFCs, effective from October 1, 2022. Presentation used in the Video can be accessed here: https://vinodkothari.com/2021/10/sbr-... Summary of the framework can be viewed here: https://vinodkothari.com/2021/10/37040/