January 05, 2022
All Scheduled Commercial Banks (excluding RRBs)
Madam/ Dear Sir,
Please refer to our Master Circular DBR.BP.BC.No.5/21.04.172/2015-16 dated July 1, 2015 on the captioned subject. This Master Circular consolidates instructions on the above matter issued up to January 04, 2022.
Yours faithfully,
(Manoranjan Mishra)
Chief General Manager
Master Circular on Bank Finance to Non-Banking Financial Companies
(NBFCs)
Purpose
To lay down the Reserve Bank of India’s regulatory policy regarding financing of NBFCs by banks.
Classification
A statutory guideline issued under Section 35A of Banking Regulation Act, 1949.
Previous guidelines
Master Circular DBR.BP.BC.No.5/21.04.172/2015-16 dated July 1, 2015 on ‘Bank Finance to Non-Banking Financial Companies (NBFCs)’.
Application
To all Scheduled Commercial Banks (excluding Regional Rural Banks).
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