Sensex
76,765.92 profit arw -69.86 (-0.09%)
Nifty
23,985.35 profit arw -10.60 (-0.04%)
Nasdaq
18,355.20 profit arw -497.09 (-2.64%)
logo img

GET IN TOUCH

GET IN TOUCH

Enter a 10 digit mobile number starting with 7, 8, or 9
Captcha verification code, enter the characters shown below

As on : 16-Apr-2026
Economy - Reports
16-Apr-2026     11:12

RBI provides operational flexibility to NBFCs for branch expansion

The Reserve Bank on Wednesday provided operational flexibility to non-banking financial companies (NBFCs) by allowing them to open branches without prior approval in most cases while imposing certain conditions for deposit taking entities based on net owned funds. The central bank has issued Reserve Bank of India (Non-Banking Financial Companies ' Branch Authorisation) Amendment Directions, 2026. The objective of these amendment directions is to provide operational flexibility to NBFCs for branch expansion to facilitate ease of doing business while ensuring necessary regulatory compliance, it said in a circular.

INDIAN INDICES

Sensex

76,765.92 -69.86 (-0.09%)

Nifty

23,985.35 -10.60 (-0.04%)

GLOBAL INDICES

USD

NA

NASDAQ
HANG SENG

25,310.86 103.67(0.41%)