RBI-NBFC meet
RBI Governor meets MD, CEOs of NBFCs, emphasises on responsible lending
This story was originally published at 19:59 IST on 5 January 2026
Register to read our real-time news.Informist, Monday, Jan. 5, 2026
MUMBAI – Reserve Bank of India Governor Sanjay Malhotra Monday met managing directors and chief executives officers of select non-banking finance companies, including state-owned NBFCs, housing finance companies, and microfinance institutions. The meeting was part of the central bank's regular engagement with regulated entities, the RBI said in the release. The previous round was held on Feb. 13 last year.
Malhotra highlighted the important role of non-banking finance companies and housing finance companies in facilitating credit flow and underlined the need for sound underwriting standards and close monitoring of asset quality. He further emphasised the criticality of customer centricity, ethical conduct and responsible lending, along with prompt grievance redressal for preserving confidence in the sector and supporting its orderly and sustainable development.
In addition to the governor, the meeting was attended by Deputy Governors T. Rabi Sankar, Swaminathan J., Poonam Gupta, and S. C. Murmu, along with managing directors and chief executives officers of the National Housing Bank, apart from other senior officers of the RBI.
During the discussion, participants shared feedback on policy issues and operational matters relating to the non-banking finance sector. Representatives from key NBFC industry bodies, covering around 53% of the sector's assets, participated in the discussion. Participants also included representatives of self-regulatory organisations such as Sa-Dhan, micro-finance institutions and the Finance Industry Development Council. End
Reported by Vaishali Tyagi
Edited by Tanima Banerjee
For users of real-time market data terminals, Informist news is available exclusively on the NSE Cogencis WorkStation.
Cogencis news is now Informist news. This follows the acquisition of Cogencis Information Services Ltd. by NSE Data & Analytics Ltd., a 100% subsidiary of the National Stock Exchange of India Ltd. As a part of the transaction, the news department of Cogencis has been sold to Informist Media Pvt. Ltd.
Informist Media Tel +91 (22) 6985-4000
Send comments to feedback@informistmedia.com
© Informist Media Pvt. Ltd. 2026. All rights reserved.
To read more please subscribe
Share this Story:
