RBI invites public comments on the draft Amendment Directions on review of methodology for identification of NBFC-UL and inclusion of Government owned NBFCs in NBFC-UL

RBI has issued draft amendment directions seeking public comments on revising the methodology for classification of NBFCs in the Upper Layer (NBFC-UL) under the Scale-Based Regulation framework, including a proposal to bring government-owned NBFCs within the NBFC-UL category to strengthen risk-based supervision and ensure regulatory parity.