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Large Exposures Framework for Non-Banking Financial Company – Upper Layer (NBFC-UL)

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Apr 20, 2022 #RBI

April 19, 2022

All Non-Banking Financial Companies


Madam/ Dear Sir,

Please refer to paragraph 3.2.2 (d) of RBI circular DOR.CRE.REC. No.60/03.10.001/2021-22 dated October 22, 2021 on “Scale Based Regulation (SBR) : A Revised Regulatory Framework for NBFCs”, in terms of which a Large Exposure
Framework (LEF) is prescribed for NBFCs in the Upper Layer.

2. Detailed guidelines in this regard are annexed.

Yours faithfully,


(Manoranjan Mishra)
Chief General Manager

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Notification : https://www.dropbox.com/s/qp1zcw0dz9a5vei/Large%20Exposures%20Framework%20for%20Non-Banking%20Financial%20Company.PDF?dl=0

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