The RBI Governor in his statement dated 6 February 2026 which announced the monetary policy, wherein the repo rate was kept unchanged at 5.25%. In the statement, one of the important measures w.r.t. promoting ease of doing business for NBFCs included the below:
Para 36 – Page 7 of the attached statement:
“NBFCs having no public funds and customer interface, with asset size not exceeding ₹1000 crore, are proposed to be exempted from the requirement of registration.”
The above is a welcome relief from registration for smaller NBFCs which are investment holding companies and do not have access to public funds and have no customer interface. More details and clarity on the implementation of this measure is awaited.
Click Here to Download- RBI Governor's Press Release 6 February 2026 - Exemption to Small NBFCs from Registration