The Reserve Bank of India (RBI) on August 18, 2023, notified regarding the review of the Regulatory Framework for IDF-NBFCs.
In order to enable IDF-NBFCs to play a greater role in the financing of the infrastructure sector and to harmonise the regulations governing the financing of the infrastructure sector by the NBFCs, a review of the guidelines applicable to IDF-NBFCs has been undertaken, in consultation with the Government of India.
The revised regulatory framework for IDF-NBFCs is attached to the document below.
These guidelines shall come into effect from August 18, 2023.
[Notification No. RBI/2023-24/54 DoR.SIG.FIN.REC.31/03.10.001/2023-24]