Page 2 - Middle Layer News Today

The list has LIC Housing Finance Limited on top, followed by Bajaj Finance Limited in second place, and Shriram Finance Limited (formerly Shriram Transport Finance Company Limited) in third, , nbfc, reserve bank of india, lic housing finance ltd, bajaj finance, shriram finance

These will now be subject to enhanced regulatory requirement

Besides LIC Housing Finance, Bajaj Finance, Shriram Finance and Tata Sons, others in the list include L&T Finance, Piramal Capital & Housing Finance, Cholamandalam Investment and Finance Company

(This story has not been edited by THE WEEK and is auto-generated from a PTI

The Reserve Bank of India has released a list of fifteen NBFCs that fall under the "upper layer" in the scale-based regulation for the financial year 2024. LIC Housing Finance Limited, Bajaj Finance Limited, and Shriram Finance Limited are among the top-ranking companies on the list.

Reserve Bank of India on Thursday said 15 large NBFCs, including LIC Housing Finance, Bajaj Finance, Shriram Finance and Tata Sons, will be subject to enhanced regulatory requirements. The central bank has categorised NBFCs into Base Layer (NBFC-BL), Middle Layer (NBFC-ML), Upper Layer (NBFC-UL) and Top Layer (NBFC-TL). A list of 15 large Non Banking Finance Companies (NBFCs) falling in the Upper Layer category has been released.

The central bank has categorised NBFCs into Base Layer (NBFC-BL), Middle Layer (NBFC-ML), Upper Layer (NBFC-UL) and Top Layer (NBFC-TL)

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Get latest articles and stories on Latest News at LatestLY. The Reserve Bank on Friday categorised 16 big non-banking financial companies, including LIC Housing Finance and Bajaj Finance, as upper-layer NBFCs that will be subject to an enhanced regulatory framework. Latest News | RBI Categorises 16 Large Financial Entities as Upper-layer NBFCs.

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