What is the RBI reference number for this direction?

The RBI reference number is RBI/DOR/2025-26/373, issued on November 28, 2025. It was last updated as on February 26, 2026. This direction contains 6 chapters covering: Preliminary, Miscellaneous Instructions Applicable to NBFCs in Base Layer, Miscellaneous Instructions Applicable to NBFCs in Middle Layer, Specific Directions for NBFC-Factors and NBFC-ICCs under the Factor Regulation Act, 2011, Specific Directions for Infrastructure Debt Funds – Non-Banking Financial Company (IDF-NBFCs), Repeal and Other Provisions.

Governance & Compliance#35 of 35

Reserve Bank of India (Non-Banking Financial Companies – Miscellaneous) Directions, 2025

RBI Reference

RBI/DOR/2025-26/373

Date of Issue

November 28, 2025

Last Updated

February 26, 2026

Chapters

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Overview

About This Direction

Collects miscellaneous regulatory instructions applicable across NBFC categories and SBR layers. Covers layer-specific miscellaneous instructions for Base and Middle Layer NBFCs, specific directions for NBFC-Factors and NBFC-ICCs under the Factoring Regulation Act, and regulations for Infrastructure Debt Fund NBFCs (IDF-NBFCs).

Table of Contents

Chapter-wise Structure

01Preliminary

02Miscellaneous Instructions Applicable to NBFCs in Base Layer

03Miscellaneous Instructions Applicable to NBFCs in Middle Layer

04Specific Directions for NBFC-Factors and NBFC-ICCs under the Factor Regulation Act, 2011

05Specific Directions for Infrastructure Debt Funds – Non-Banking Financial Company (IDF-NBFCs)

06Repeal and Other Provisions

Source & Attribution: This document is issued by the Reserve Bank of India under reference RBI/DOR/2025-26/373 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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Previous Direction

34. Non-Operative Financial Holding Company (NOFHC)

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