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The Economic Times

Personal Finance / The Economic Times

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RBI gives operational flexibility to NBFCs for branch expansion

The Reserve Bank of India has eased rules for non-banking financial companies. NBFCs can now open branches without prior approval in most situations. This change aims to simplify business operations. Deposit-taking NBFCs have specific conditions based on their net owned funds and credit ratings for opening branches or appointing agents.

15 Apr 2026 8:06 pm