Plain-English digests of RBI’s own publications
Short, practitioner-written explainers of RBI Master Directions and circulars — with the source cited at the foot of each post.
Initial topic list
Drawn directly from RBI’s own publications and the questions promoters ask most.
Decoding RBI’s Scale-Based Regulation (SBR) Framework for NBFCs
Base, Middle, Upper and Top Layers explained.
Section 45-IA Explained
A step-by-step guide to NBFC registration.
PRAVAAH Portal: What Every Applicant Should Know
What to prepare before filing.
Change in Control of an NBFC
When RBI’s prior approval is mandatory.
Master Direction on NBFC Auditor’s Report
What statutory auditors must certify.
Co-Lending Model 2.0
Structuring Bank–NBFC partnerships correctly.
Digital Lending Guidelines
A compliance checklist for NBFCs and their LSPs.
NBFC Upper Layer (NBFC-UL)
Enhanced governance and listing obligations.
Buying an NBFC in India
A due diligence checklist for investors.
Fit and Proper Criteria for NBFC Directors
What RBI actually checks.
RBI resources referenced on this site
We digest these into plain-English posts rather than sending you straight to a raw PDF — but the primary source is always here if you need it.
| Resource | URL |
|---|---|
| RBI — Master Directions (all subjects, incl. NBFCs) | https://rbi.org.in/Scripts/BS_ViewMasDirections.aspx |
| RBI — Index to Circulars / Notifications / Master Directions | https://rbi.org.in/scripts/BS_CircularIndexDisplay.aspx |
| RBI — NBFC Notifications | https://rbi.org.in/SCRIPTs/BS_ViewNBFCNotification.aspx |
| RBI — Press Releases | https://rbi.org.in |
| RBI — PRAVAAH Portal (application filing) | https://pravaah.rbi.org.in |
| RBI — Master Circulars (Common Person section) | https://rbi.org.in/commonperson/english/Scripts/MasterCircular.aspx |
Note: RBI periodically restructures its site. Links are reviewed on an ongoing basis — if one has moved, search the corresponding section on rbi.org.in.
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