{"id":5404,"date":"2026-04-13T07:26:12","date_gmt":"2026-04-13T07:26:12","guid":{"rendered":"https:\/\/bhatiabhola.com\/?p=5404"},"modified":"2026-04-13T07:26:14","modified_gmt":"2026-04-13T07:26:14","slug":"rbi-draft-directions-press-release-dated-10-04-2026-amendments-to-directions-for-identification-of-nbfc-ul-and-inclusion-of-government-owned-nbfcs","status":"publish","type":"post","link":"https:\/\/bhatiabhola.com\/index.php\/blog\/2026\/04\/13\/rbi-draft-directions-press-release-dated-10-04-2026-amendments-to-directions-for-identification-of-nbfc-ul-and-inclusion-of-government-owned-nbfcs\/","title":{"rendered":"RBI Draft Directions Press Release Dated 10\/04\/2026 – Amendments to Directions for identification of NBFC-UL and inclusion of Government owned NBFCs\u00a0"},"content":{"rendered":"\n

The draft amendment relates to changes to the identification of Upper Layer NBFCs (NBFC-UL) under the Scale-Based Regulation framework. It replaces the existing dual methodology, based on asset size and parametric scoring, with a single, transparent criterion of asset size, setting the threshold at Rs 1,00,000 crore. It also proposes inclusion of government owned NBFCs in the Upper Layer, aligning with the principle of ownership neutral regulation. Additionally, NBFC-UL entities may be allowed to use State Government guarantees as a credit risk transfer tool without any cap, subject to conditions. The feedback\/ comments from stakeholders are invited.<\/p>\n\n\n\n

(Link: Draft Directions Press Release Dated 10\/04\/2026)<\/em><\/a><\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

The draft amendment relates to changes to the identification of Upper Layer NBFCs (NBFC-UL) under the Scale-Based Regulation framework. It […]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"enabled":false},"version":2}},"categories":[72,100],"tags":[],"class_list":["post-5404","post","type-post","status-publish","format-standard","hentry","category-rbi","category-rbi-drafts-for-public-comments"],"yoast_head":"\nRBI Draft Directions Press Release Dated 10\/04\/2026 - Amendments to Directions for identification of NBFC-UL and inclusion of Government owned NBFCs\u00a0 - Bhatia Bhola & Associates LLP<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/bhatiabhola.com\/index.php\/blog\/2026\/04\/13\/rbi-draft-directions-press-release-dated-10-04-2026-amendments-to-directions-for-identification-of-nbfc-ul-and-inclusion-of-government-owned-nbfcs\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"RBI Draft Directions Press Release Dated 10\/04\/2026 - Amendments to Directions for identification of NBFC-UL and inclusion of Government owned NBFCs\u00a0 - Bhatia Bhola & Associates LLP\" \/>\n<meta property=\"og:description\" content=\"The draft amendment relates to changes to the identification of Upper Layer NBFCs (NBFC-UL) under the Scale-Based Regulation framework. It […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/bhatiabhola.com\/index.php\/blog\/2026\/04\/13\/rbi-draft-directions-press-release-dated-10-04-2026-amendments-to-directions-for-identification-of-nbfc-ul-and-inclusion-of-government-owned-nbfcs\/\" \/>\n<meta property=\"og:site_name\" content=\"Bhatia Bhola & Associates LLP\" \/>\n<meta property=\"article:published_time\" content=\"2026-04-13T07:26:12+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2026-04-13T07:26:14+00:00\" \/>\n<meta name=\"author\" content=\"Yash Bhola\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Yash Bhola\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/bhatiabhola.com\/index.php\/blog\/2026\/04\/13\/rbi-draft-directions-press-release-dated-10-04-2026-amendments-to-directions-for-identification-of-nbfc-ul-and-inclusion-of-government-owned-nbfcs\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/bhatiabhola.com\/index.php\/blog\/2026\/04\/13\/rbi-draft-directions-press-release-dated-10-04-2026-amendments-to-directions-for-identification-of-nbfc-ul-and-inclusion-of-government-owned-nbfcs\/\"},\"author\":{\"name\":\"Yash Bhola\",\"@id\":\"https:\/\/bhatiabhola.com\/#\/schema\/person\/5c941d1613f06d46d7c656c473e8249c\"},\"headline\":\"RBI Draft Directions Press Release Dated 10\/04\/2026 – Amendments to Directions for identification of NBFC-UL and inclusion of Government owned NBFCs\u00a0\",\"datePublished\":\"2026-04-13T07:26:12+00:00\",\"dateModified\":\"2026-04-13T07:26:14+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/bhatiabhola.com\/index.php\/blog\/2026\/04\/13\/rbi-draft-directions-press-release-dated-10-04-2026-amendments-to-directions-for-identification-of-nbfc-ul-and-inclusion-of-government-owned-nbfcs\/\"},\"wordCount\":122,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/bhatiabhola.com\/#organization\"},\"articleSection\":[\"RBI\",\"RBI Drafts for Public Comments\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/bhatiabhola.com\/index.php\/blog\/2026\/04\/13\/rbi-draft-directions-press-release-dated-10-04-2026-amendments-to-directions-for-identification-of-nbfc-ul-and-inclusion-of-government-owned-nbfcs\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/bhatiabhola.com\/index.php\/blog\/2026\/04\/13\/rbi-draft-directions-press-release-dated-10-04-2026-amendments-to-directions-for-identification-of-nbfc-ul-and-inclusion-of-government-owned-nbfcs\/\",\"url\":\"https:\/\/bhatiabhola.com\/index.php\/blog\/2026\/04\/13\/rbi-draft-directions-press-release-dated-10-04-2026-amendments-to-directions-for-identification-of-nbfc-ul-and-inclusion-of-government-owned-nbfcs\/\",\"name\":\"RBI Draft Directions Press Release Dated 10\/04\/2026 - Amendments to Directions for identification of NBFC-UL and inclusion of Government owned NBFCs\u00a0 - Bhatia Bhola & Associates LLP\",\"isPartOf\":{\"@id\":\"https:\/\/bhatiabhola.com\/#website\"},\"datePublished\":\"2026-04-13T07:26:12+00:00\",\"dateModified\":\"2026-04-13T07:26:14+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/bhatiabhola.com\/index.php\/blog\/2026\/04\/13\/rbi-draft-directions-press-release-dated-10-04-2026-amendments-to-directions-for-identification-of-nbfc-ul-and-inclusion-of-government-owned-nbfcs\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/bhatiabhola.com\/index.php\/blog\/2026\/04\/13\/rbi-draft-directions-press-release-dated-10-04-2026-amendments-to-directions-for-identification-of-nbfc-ul-and-inclusion-of-government-owned-nbfcs\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/bhatiabhola.com\/index.php\/blog\/2026\/04\/13\/rbi-draft-directions-press-release-dated-10-04-2026-amendments-to-directions-for-identification-of-nbfc-ul-and-inclusion-of-government-owned-nbfcs\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/bhatiabhola.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"RBI Draft Directions Press Release Dated 10\/04\/2026 – Amendments to Directions for identification of NBFC-UL and inclusion of Government owned NBFCs\u00a0\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/bhatiabhola.com\/#website\",\"url\":\"https:\/\/bhatiabhola.com\/\",\"name\":\"Bhatia Bhola & Associates LLP\",\"description\":\"\",\"publisher\":{\"@id\":\"https:\/\/bhatiabhola.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/bhatiabhola.com\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/bhatiabhola.com\/#organization\",\"name\":\"Bhatia Bhola & Associates LLP\",\"url\":\"https:\/\/bhatiabhola.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/bhatiabhola.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/bhatiabhola.com\/wp-content\/uploads\/2025\/04\/cropped-cropped-Screenshot-2025-04-29-at-7.15.27\u202fAM.png\",\"contentUrl\":\"https:\/\/bhatiabhola.com\/wp-content\/uploads\/2025\/04\/cropped-cropped-Screenshot-2025-04-29-at-7.15.27\u202fAM.png\",\"width\":1709,\"height\":376,\"caption\":\"Bhatia Bhola & Associates LLP\"},\"image\":{\"@id\":\"https:\/\/bhatiabhola.com\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/bhatiabhola.com\/#\/schema\/person\/5c941d1613f06d46d7c656c473e8249c\",\"name\":\"Yash Bhola\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/bhatiabhola.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/aead41d7b2f010c8a719d781a6360aab0ad14fcb72ed48e049d2bbe80a30a6f8?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/aead41d7b2f010c8a719d781a6360aab0ad14fcb72ed48e049d2bbe80a30a6f8?s=96&d=mm&r=g\",\"caption\":\"Yash Bhola\"},\"url\":\"https:\/\/bhatiabhola.com\/index.php\/blog\/author\/bba_ypbhola\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"RBI Draft Directions Press Release Dated 10\/04\/2026 - Amendments to Directions for identification of NBFC-UL and inclusion of Government owned NBFCs\u00a0 - Bhatia Bhola & Associates LLP","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/bhatiabhola.com\/index.php\/blog\/2026\/04\/13\/rbi-draft-directions-press-release-dated-10-04-2026-amendments-to-directions-for-identification-of-nbfc-ul-and-inclusion-of-government-owned-nbfcs\/","og_locale":"en_US","og_type":"article","og_title":"RBI Draft Directions Press Release Dated 10\/04\/2026 - Amendments to Directions for identification of NBFC-UL and inclusion of Government owned NBFCs\u00a0 - Bhatia Bhola & Associates LLP","og_description":"The draft amendment relates to changes to the identification of Upper Layer NBFCs (NBFC-UL) under the Scale-Based Regulation framework. It […]","og_url":"https:\/\/bhatiabhola.com\/index.php\/blog\/2026\/04\/13\/rbi-draft-directions-press-release-dated-10-04-2026-amendments-to-directions-for-identification-of-nbfc-ul-and-inclusion-of-government-owned-nbfcs\/","og_site_name":"Bhatia Bhola & Associates LLP","article_published_time":"2026-04-13T07:26:12+00:00","article_modified_time":"2026-04-13T07:26:14+00:00","author":"Yash Bhola","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Yash Bhola","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/bhatiabhola.com\/index.php\/blog\/2026\/04\/13\/rbi-draft-directions-press-release-dated-10-04-2026-amendments-to-directions-for-identification-of-nbfc-ul-and-inclusion-of-government-owned-nbfcs\/#article","isPartOf":{"@id":"https:\/\/bhatiabhola.com\/index.php\/blog\/2026\/04\/13\/rbi-draft-directions-press-release-dated-10-04-2026-amendments-to-directions-for-identification-of-nbfc-ul-and-inclusion-of-government-owned-nbfcs\/"},"author":{"name":"Yash Bhola","@id":"https:\/\/bhatiabhola.com\/#\/schema\/person\/5c941d1613f06d46d7c656c473e8249c"},"headline":"RBI Draft Directions Press Release Dated 10\/04\/2026 – Amendments to Directions for identification of NBFC-UL and inclusion of Government owned NBFCs\u00a0","datePublished":"2026-04-13T07:26:12+00:00","dateModified":"2026-04-13T07:26:14+00:00","mainEntityOfPage":{"@id":"https:\/\/bhatiabhola.com\/index.php\/blog\/2026\/04\/13\/rbi-draft-directions-press-release-dated-10-04-2026-amendments-to-directions-for-identification-of-nbfc-ul-and-inclusion-of-government-owned-nbfcs\/"},"wordCount":122,"commentCount":0,"publisher":{"@id":"https:\/\/bhatiabhola.com\/#organization"},"articleSection":["RBI","RBI Drafts for Public Comments"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/bhatiabhola.com\/index.php\/blog\/2026\/04\/13\/rbi-draft-directions-press-release-dated-10-04-2026-amendments-to-directions-for-identification-of-nbfc-ul-and-inclusion-of-government-owned-nbfcs\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/bhatiabhola.com\/index.php\/blog\/2026\/04\/13\/rbi-draft-directions-press-release-dated-10-04-2026-amendments-to-directions-for-identification-of-nbfc-ul-and-inclusion-of-government-owned-nbfcs\/","url":"https:\/\/bhatiabhola.com\/index.php\/blog\/2026\/04\/13\/rbi-draft-directions-press-release-dated-10-04-2026-amendments-to-directions-for-identification-of-nbfc-ul-and-inclusion-of-government-owned-nbfcs\/","name":"RBI Draft Directions Press Release Dated 10\/04\/2026 - Amendments to Directions for identification of NBFC-UL and inclusion of Government owned NBFCs\u00a0 - Bhatia Bhola & Associates LLP","isPartOf":{"@id":"https:\/\/bhatiabhola.com\/#website"},"datePublished":"2026-04-13T07:26:12+00:00","dateModified":"2026-04-13T07:26:14+00:00","breadcrumb":{"@id":"https:\/\/bhatiabhola.com\/index.php\/blog\/2026\/04\/13\/rbi-draft-directions-press-release-dated-10-04-2026-amendments-to-directions-for-identification-of-nbfc-ul-and-inclusion-of-government-owned-nbfcs\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/bhatiabhola.com\/index.php\/blog\/2026\/04\/13\/rbi-draft-directions-press-release-dated-10-04-2026-amendments-to-directions-for-identification-of-nbfc-ul-and-inclusion-of-government-owned-nbfcs\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/bhatiabhola.com\/index.php\/blog\/2026\/04\/13\/rbi-draft-directions-press-release-dated-10-04-2026-amendments-to-directions-for-identification-of-nbfc-ul-and-inclusion-of-government-owned-nbfcs\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/bhatiabhola.com\/"},{"@type":"ListItem","position":2,"name":"RBI Draft Directions Press Release Dated 10\/04\/2026 – Amendments to Directions for identification of NBFC-UL and inclusion of Government owned NBFCs\u00a0"}]},{"@type":"WebSite","@id":"https:\/\/bhatiabhola.com\/#website","url":"https:\/\/bhatiabhola.com\/","name":"Bhatia Bhola & Associates LLP","description":"","publisher":{"@id":"https:\/\/bhatiabhola.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/bhatiabhola.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/bhatiabhola.com\/#organization","name":"Bhatia Bhola & Associates LLP","url":"https:\/\/bhatiabhola.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/bhatiabhola.com\/#\/schema\/logo\/image\/","url":"https:\/\/bhatiabhola.com\/wp-content\/uploads\/2025\/04\/cropped-cropped-Screenshot-2025-04-29-at-7.15.27\u202fAM.png","contentUrl":"https:\/\/bhatiabhola.com\/wp-content\/uploads\/2025\/04\/cropped-cropped-Screenshot-2025-04-29-at-7.15.27\u202fAM.png","width":1709,"height":376,"caption":"Bhatia Bhola & Associates LLP"},"image":{"@id":"https:\/\/bhatiabhola.com\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/bhatiabhola.com\/#\/schema\/person\/5c941d1613f06d46d7c656c473e8249c","name":"Yash Bhola","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/bhatiabhola.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/aead41d7b2f010c8a719d781a6360aab0ad14fcb72ed48e049d2bbe80a30a6f8?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/aead41d7b2f010c8a719d781a6360aab0ad14fcb72ed48e049d2bbe80a30a6f8?s=96&d=mm&r=g","caption":"Yash Bhola"},"url":"https:\/\/bhatiabhola.com\/index.php\/blog\/author\/bba_ypbhola\/"}]}},"jetpack_publicize_connections":[],"_links":{"self":[{"href":"https:\/\/bhatiabhola.com\/index.php\/wp-json\/wp\/v2\/posts\/5404","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bhatiabhola.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bhatiabhola.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bhatiabhola.com\/index.php\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/bhatiabhola.com\/index.php\/wp-json\/wp\/v2\/comments?post=5404"}],"version-history":[{"count":1,"href":"https:\/\/bhatiabhola.com\/index.php\/wp-json\/wp\/v2\/posts\/5404\/revisions"}],"predecessor-version":[{"id":5405,"href":"https:\/\/bhatiabhola.com\/index.php\/wp-json\/wp\/v2\/posts\/5404\/revisions\/5405"}],"wp:attachment":[{"href":"https:\/\/bhatiabhola.com\/index.php\/wp-json\/wp\/v2\/media?parent=5404"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bhatiabhola.com\/index.php\/wp-json\/wp\/v2\/categories?post=5404"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bhatiabhola.com\/index.php\/wp-json\/wp\/v2\/tags?post=5404"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}