{"id":109653,"date":"2022-06-08T11:53:21","date_gmt":"2022-06-08T06:23:21","guid":{"rendered":"https:\/\/www.gkseries.com\/blog\/?p=109653"},"modified":"2022-08-19T14:44:24","modified_gmt":"2022-08-19T09:14:24","slug":"rbi-releases-provisioning-norms-for-upper-layer-nbfcs","status":"publish","type":"post","link":"https:\/\/www.gkseries.com\/blog\/rbi-releases-provisioning-norms-for-upper-layer-nbfcs\/","title":{"rendered":"RBI releases provisioning norms for upper-layer NBFCs"},"content":{"rendered":"\n<p>The&nbsp;Reserve Bank of India (RBI)&nbsp;has released the&nbsp;provisioning guidelines for outstanding loans extended by &#8216;NBFC-Upper Layer&#8217;.<\/p>\n\n\n\n<p>These guidelines shall be effective&nbsp;from October 1, 2022. Individual housing loans and loans to Small and Micro Enterprises (SMEs):&nbsp;0.25%. Housing loans extended at teaser rates:&nbsp;2% (decrease to 0.4% after 1 year from the date on which the rates are raised.) Advances to Commercial Real Estate- Residential Housing (CRE &#8211; RH) Sector:&nbsp;0.75%.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The&nbsp;Reserve Bank of India (RBI)&nbsp;has released the&nbsp;provisioning guidelines for outstanding loans extended by &#8216;NBFC-Upper Layer&#8217;. These guidelines shall be effective&nbsp;from October 1, 2022. Individual housing loans and loans to Small and Micro Enterprises (SMEs):&nbsp;0.25%. Housing loans extended at teaser rates:&nbsp;2% (decrease to 0.4% after 1 year from the date on which the rates are raised.) [&hellip;]<\/p>\n","protected":false},"author":894,"featured_media":109654,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[4345],"tags":[74,64],"class_list":["post-109653","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-current-affairs-june-2022","tag-bank-current-affairs","tag-reserve-bank-of-india-current-affairs"],"_links":{"self":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts\/109653","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/users\/894"}],"replies":[{"embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/comments?post=109653"}],"version-history":[{"count":1,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts\/109653\/revisions"}],"predecessor-version":[{"id":109655,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts\/109653\/revisions\/109655"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/media\/109654"}],"wp:attachment":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/media?parent=109653"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/categories?post=109653"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/tags?post=109653"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}