Mumbai, Feb. 11 -- The Reserve Bank of India (RBI) has invited public comments on the draft Reserve Bank of India (Non-Banking Financial Companies - Registration, Exemptions and Framework for Scale Based Regulation) Amendment Directions, 2026. The central bank has proposed modifications to the existing Master Directions on NBFC Registration, Exemptions, and the Framework for Scale-Based Regulation (SBR). The key amendment provides for exemption from mandatory registration under Section 45IA of the RBI Act, 1934, for certain non-deposit taking NBFCs that do not accept public funds, do not have a customer interface, and have an asset size below Rs 1,000 crore. This measure is designed to alleviate the regulatory burden for low-risk entities...