The Reserve Bank of India (RBI) has exempted non-deposit-taking Non-Banking Finance Companies (NBFCs) with an asset size of less than 1,000 crore rupees and not availing public funds from registration and reserve fund requirements from July 1, 2026. 

 

The Apex Bank issued a circular in this regard yesterday. The RBI also issued revised directions to Regulated Entities (REs) on Relief Measures in areas affected by Natural Calamities. As per the guidelines, which will come into effect from July 1, 2026, banks have been allowed to extend relief measures to borrowers in natural calamity-affected areas without waiting for individual requests. 

 

It said that banks, at their discretion, may offer relief, such as waiver and reduction of fees and charges for customers in notified natural disaster-impacted regions for a period of one year.