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    <title>RBI invites public comments on the draft Reserve Bank of India (Non-Banking Financial Companies – Registration, Exemptions and Framework for Scale Based Regulation) Amendment Directions, 2026</title>
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    <description>The Reserve Bank proposes that NBFCs not availing public funds and without customer interface with asset size below Rs.1000 crore be exempted from registration, subject to conditions specified by the RBI; the draft also prescribes procedures for deregistration or conversion of existing registered entities, including Type I NBFCs, and is accompanied by FAQs and a public consultation process.</description>
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