The Reserve Bank of India has issued the Reserve Bank of India (Non-Banking Financial Companies – Prudential Norms on Capital Adequacy) Amendment Directions, 2026, amending the capital adequacy framework for NBFCs in respect of loans to high-quality infrastructure projects. Under the revised norms, such loans shall attract a risk weight of 75% where at least 2% of the sanctioned project debt has been repaid and 50% where at least 5% of the sanctioned project debt has been repaid, subject to the project continuing to meet the prescribed conditions. The repayment threshold shall be computed based on the total sanctioned project debt, including any additional debt sanctioned subsequently. The amendment shall be applicable from April 1, 2026, or an earlier date upon adoption by the NBFC, with a transition provided allowing existing lower risk weights to continue until the next review/renewal or March 31, 2027, whichever is earlier.
Link – https://www.rbi.org.in/Scripts/NotificationUser.aspx?Id=13244&Mode=0
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