The changes have been made to the October 2021 circular titled 'Scale Based Regulation (SBR): A Revised Regulatory Framework for NBFCs', in terms of which a Large Exposure Framework (LEF) is prescribed for NBFCs in the Upper Layer.
source https://www.livemint.com/news/india/rbi-issues-fresh-norms-for-non-banking-lenders-with-effect-from-1-oct-11650389384830.html
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