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RBI's April 29, 2026 Amendment Directions create 'Type I/Type II NBFC' categories, effective July 1, 2026. NBFCs below ₹1,000 crore without public funds/customer interface may deregister via PRAVAAH by Dec 31, 2026; CoR surrender form revised June 30, 2026.
Voluntary Surrender of Certificate of Registration by NBFCs (including HFCs) for Cancellation – Application Form and Indicative Checklist
30 June 2026Eff. 1 July 202619 min
RBI’s Foreign Exchange Management (Authorised Persons) Regulations, 2026 (FEMA 401/2026) overhaul India’s forex authorisation regime with a three‑tier AD framework, stricter fit‑and‑proper and turnover rules, PRAVAAH‑based online applications and a new statutory appeal mechanism.
Notification No. FEMA 401/2026-RB dated April 30, 2026 — Foreign Exchange Management (Authorised Persons) Regulations, 2026. Published in the Gazette of India Extraordinary, Part III — Section 4, CG-MH-E-06052026-272222.
13 May 2026Eff. 6 May 202623 min