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RBI Upper Layer NBFC Rules 2026, ₹1 Lakh Crore Threshold, Mandatory Listing And Compliance
The Reserve Bank of India’s Scale Based Regulation (“SBR”) framework has fundamentally changed the way India regulates its largest non-banking financial companies (“NBFCs”). What began in 2021 as a framework built around size, complexity, interconnectedness, and systemic importance has evolved into a substantially more predictable regime following the RBI’s June 2026 amendments.
King, Stubb & Kasiva