RBI Updates: Scale Based Regulation (SBR) for NBFCs: Capital requirements for Non-Banking Finance Companies – Upper Layer (NBFC-UL)

A Revised Regulatory Framework for NBFCs.

This is applicable to all NBFCs identified as NBFC-UL, except Core Investment Companies (CICs).

NBFC-UL shall maintain Common Equity Tier 1 capital of at least 9 per cent of Risk Weighted Assets

NBFC-UL shall maintain, on an on-going basis, Common Equity Tier 1 (CET1) ratio of at least 9 per cent, where,

For further information: View Circular