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RBI Deputy Governor Shirish Chandra Murmu addressed the 7th NBFC & HFC Summit in Mumbai on September 3, 2026, reviewing a decade of NBFC reforms and setting out five regulatory priorities — governance, liquidity, asset quality, customer protection, and cyber resilience — for the sector's next growth
Marching ahead with Responsibility and Growth - Keynote Address[1] delivered by Shri Shirish Chandra Murmu, Deputy Governor, at the 7th NBFC and HFC Summit in Mumbai on September 03, 2026
3 September 202613 min
RBI has issued final Amendment Directions effective January 1, 2027 for banks, NBFCs, HFCs, AIFIs and co-operative banks, mandating a written recovery policy, IIBF-certified recovery agents, mandatory call recording, borrower disclosures, and strict rules for locking financed mobile devices.
RBI Issues Amendment Directions on ‘Conduct of Regulated Entities in Recovery of Loans and Engagement of Recovery Agents’
7 August 2026Eff. 1 January 202716 min