RBI Aligns ‘Housing Finance Companies’ Private Placement Norms for NCDs (Maturity >1 Year) With NBFC Guidelines
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- Last Updated on 31 January, 2025
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Circular No.RBI/2024-25/107 DOR.FIN.REC.No.58/03.10.136/2024-25, Dated: 29.01.2025
RBI has decided that the guidelines on Private Placement of NCDs (with maturity of more than one year) by NBFCs, as per the Master Direction – RBI (NBFC – Scale Based Regulation) Directions, 2023 shall be applicable, mutatis-mutandis, to Housing Finance Company (HFCs). Accordingly, the existing guidelines under Master Direction – NBFC – HFC (Reserve Bank) Directions, 2021 stand repealed. The revised guidelines shall apply from the date of this circular.
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