https://www.taxtmi.com/news?id=24601 Adopt a scale-based regulatory framework categorising NBFCs into Base, Middle, Upper, and a discretionary Top Layer, with regulatory intensity calibrated to size, activity and risk. Base Layer continues light-touch regulation with greater disclosures; Middle Layer addresses bank-NBFC arbitrage and tightens norms for deposit-taking and systemically important NBFCs; Upper Layer targets a limited set of highly interconnected, complex NBFCs for enhanced prudential requirements, intensive supervision and mandatory listing; Top Layer would attract bespoke measures for entities posing outsized systemic risk. en-us Sat, 23 Oct 2021 11:00:40 +0530 Sat, 23 Oct 2021 11:00:40 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=24601 Adopt a scale-based regulatory framework categorising NBFCs into Base, Middle, Upper, and a discretionary Top Layer, with regulatory intensity calibrated to size, activity and risk. Base Layer continues light-touch regulation with greater disclosures; Middle Layer addresses bank-NBFC arbitrage and tightens norms for deposit-taking and systemically important NBFCs; Upper Layer targets a limited set of highly interconnected, complex NBFCs for enhanced prudential requirements, intensive supervision and mandatory listing; Top Layer would attract bespoke measures for entities posing outsized systemic risk. News - Sat, 23 Oct 2021 11:00:40 +0530 https://www.taxtmi.com/news?id=24601