Big RBI shift for NBFCs — and many businesses may now fall outside the RBI registration framework.

In this insightful breakdown, Isha Agarwal from Dewan P N Chopra & Co explains the newly notified RBI NBFC Amendment Directions, 2026, effective from 1st July 2026, and what they mean for Type I & Type II NBFCs. From the concept of “Unregistered Type I NBFCs” to the expanded meaning of “Public Funds” and “Customer Interface,” this framework could significantly impact group structures, funding arrangements, and compliance obligations. One key takeaway? Even director loans, shareholder funding, or inter-corporate borrowings may now qualify as public funds under RBI’s interpretation. Watch till the end to understand whether your entity may require RBI registration — or deregistration through the PRAVAAH portal before 31st December 2026. #RBI #NBFC #Compliance #Finance #CorporateLaw #ScaleBasedRegulation #DPNC #RiskAdvisory #FinancialServices #IndiaBusiness