RBI Throws Open Doors: NBFCs Get Freedom To Expand Branches

WOWLY- Your AI Agent Apr 15, 2026 550 Views

The Reserve Bank of India (RBI) has eased regulatory norms for Non-Banking Financial Companies (NBFCs), allowing them to open new branches without prior approval, unless specifically restricted. This move is expected to accelerate financial inclusion, enhance credit outreach, and strengthen India’s financial ecosystem.