REVIEW OF QUALIFYING ASSETS CRITERIA

MUMBAI, India, June 6 -- Reserve Bank of India issued the following notification:

RBI/2025-26/44

DoR.FIN.REC.25/03.10.038/2025-26

June 06, 2025

All Non-Banking Financial Companies - Microfinance Institutions

Dear Sir/ Madam,

Review of Qualifying Assets Criteria

Please refer to paragraph 8.1 of the Master Direction - Reserve Bank of India (Regulatory Framework for Microfinance Loans) Directions, 2022 dated March 14, 2022 which prescribes Qualifying Assets Criteria for Non-Banking Financial Companies - Microfinance Institutions. On a review, it has been decided to revise the qualifying asset criteria and the amended paragraph 8.1 of the Master Direction may be read as follows.

Paragraph 8.1: The definition of 'qualifying assets' of NB...