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Reserve Bank of India29 days ago1 min read

Reserve Bank of India (Non-Banking Financial Companies Income Recognition, Asset Classification and Provisioning) Third Amendment Directions, 2026

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RBI issues third amendment directions for NBFCs on income recognition, asset classification, and provisioning.

Key points

  • Amendments in income recognition
  • Updated asset classification criteria
  • Provisioning requirements modified

Impact analysis

  • This affects NBFCs and requires them to update their accounting practices.

Who should care

Non-Banking Financial Companies

Affected industries

Financial Services

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