What is the RBI reference number for this direction?

The RBI reference number is RBI/DOR/2025-26/356, issued on November 28, 2025. It was last updated as on February 13, 2026. This direction contains 6 chapters covering: Preliminary, Prudential Norms Applicable to All NBFCs, Additional Prudential Norms – NBFC Base Layer (NBFC-BL), Additional Prudential Norms – NBFC Middle Layer (NBFC-ML), Additional Prudential Norms – NBFC Upper Layer (NBFC-UL), Repeal and Other Provisions.

Prudential Norms#18 of 35

Reserve Bank of India (Non-Banking Financial Companies – Income Recognition, Asset Classification and Provisioning) Directions, 2025

RBI Reference

RBI/DOR/2025-26/356

Date of Issue

November 28, 2025

Last Updated

February 13, 2026

Chapters

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Overview

About This Direction

Core prudential norms for income recognition, asset classification, and provisioning by NBFCs. Prescribes NPA recognition criteria (90-day default), asset classification into Standard/Sub-standard/Doubtful/Loss categories, provisioning percentages, and income reversal rules — with layer-wise additional requirements under SBR.

Table of Contents

Chapter-wise Structure

01Preliminary

02Prudential Norms Applicable to All NBFCs

03Additional Prudential Norms – NBFC Base Layer (NBFC-BL)

04Additional Prudential Norms – NBFC Middle Layer (NBFC-ML)

05Additional Prudential Norms – NBFC Upper Layer (NBFC-UL)

06Repeal and Other Provisions

Source & Attribution: This document is issued by the Reserve Bank of India under reference RBI/DOR/2025-26/356 dated November 28, 2025. It is a public regulatory document reproduced here for informational and compliance purposes. For the authoritative version, please refer to rbi.org.in.

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17. Asset Liability Management

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19. Resolution of Stressed Assets

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