{"id":5761,"date":"2026-05-11T10:25:05","date_gmt":"2026-05-11T10:25:05","guid":{"rendered":"https:\/\/bhatiabhola.com\/?p=5761"},"modified":"2026-05-11T10:25:07","modified_gmt":"2026-05-11T10:25:07","slug":"rbi-draft-directions-dated-05-05-2026-prudential-norms-on-specified-non-financial-assets-snfa","status":"publish","type":"post","link":"https:\/\/bhatiabhola.com\/index.php\/blog\/2026\/05\/11\/rbi-draft-directions-dated-05-05-2026-prudential-norms-on-specified-non-financial-assets-snfa\/","title":{"rendered":"RBI Draft Directions Dated 05\/05\/2026 &#8211; Prudential Norms on Specified Non-financial Assets (SNFA)\u00a0\u00a0"},"content":{"rendered":"\n<p>These regulate treatment of immovable assets acquired by regulated entities (REs) in satisfaction of stressed loan exposures. RBI stated that REs are ordinarily not expected to hold non- financial assets during normal lending operations, but may acquire such assets in exceptional cases where exposures become non-performing and recovery alternatives are unviable. It is proposed that SNFAs must be recorded at the lower of the net book value of the extinguished exposure or the distress sale value determined by at least two independent valuers. The draft also prescribes a maximum holding period of seven years for disposal of SNFAs and requires regulated entities to make demonstrable efforts to dispose of such assets through public auction following SARFAESI principles.\u00a0<\/p>\n\n\n\n<p><a href=\"https:\/\/rbidocs.rbi.org.in\/rdocs\/PressRelease\/PDFs\/PR208607182D793744AF890F0ECDC65893E62.PDF\"><em>(Link: RBI Press Release Dated 05\/05\/2026<\/em><\/a><em>,&nbsp;<\/em><a href=\"https:\/\/rbidocs.rbi.org.in\/rdocs\/Content\/PDFs\/SNFA05052026FD29C34A85B4C48618057DB91AC90D248.PDF\"><em>Draft Norms)<\/em><\/a><em><\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>These regulate treatment of immovable assets acquired by regulated entities (REs) in satisfaction of stressed loan exposures. RBI stated that [&hellip;]<\/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-5761","post","type-post","status-publish","format-standard","hentry","category-rbi","category-rbi-drafts-for-public-comments"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.2 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>RBI Draft Directions Dated 05\/05\/2026 - Prudential Norms on Specified Non-financial Assets (SNFA)\u00a0\u00a0 - Bhatia Bhola &amp; 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\/05\/11\/rbi-draft-directions-dated-05-05-2026-prudential-norms-on-specified-non-financial-assets-snfa\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"RBI Draft Directions Dated 05\/05\/2026 - Prudential Norms on Specified Non-financial Assets (SNFA)\u00a0\u00a0 - Bhatia Bhola &amp; Associates LLP\" \/>\n<meta property=\"og:description\" content=\"These regulate treatment of immovable assets acquired by regulated entities (REs) in satisfaction of stressed loan exposures. RBI stated that [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/bhatiabhola.com\/index.php\/blog\/2026\/05\/11\/rbi-draft-directions-dated-05-05-2026-prudential-norms-on-specified-non-financial-assets-snfa\/\" \/>\n<meta property=\"og:site_name\" content=\"Bhatia Bhola &amp; Associates LLP\" \/>\n<meta property=\"article:published_time\" content=\"2026-05-11T10:25:05+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2026-05-11T10:25:07+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\/05\/11\/rbi-draft-directions-dated-05-05-2026-prudential-norms-on-specified-non-financial-assets-snfa\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/bhatiabhola.com\/index.php\/blog\/2026\/05\/11\/rbi-draft-directions-dated-05-05-2026-prudential-norms-on-specified-non-financial-assets-snfa\/\"},\"author\":{\"name\":\"Yash Bhola\",\"@id\":\"https:\/\/bhatiabhola.com\/#\/schema\/person\/5c941d1613f06d46d7c656c473e8249c\"},\"headline\":\"RBI Draft Directions Dated 05\/05\/2026 &#8211; 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