https://www.thehindubusinessline.com/money-and-banking/rbi-withdraws-need-for-sponsor-for-idf-nbfcs/article67210493.ece
RBI withdraws sponsor req. for IDF-NBFCs; allows IDF-MFs to be set up as trusts. IDF-NBFCs to have net-owned funds of ₹300cr, CRAR of 15% and single borrower exposure limits of 30%. IDF-MFs to be sponsored by NBFCs with net NPA ratio of <3%, 3yrs of profitabi…
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