RBI: Lending by commercial banks to NBFCs and lending by Small Finance Banks (SFBs) to NBFC-MFIs, for the purpose of on-lending to certain priority sectors, was permitted up to March 31, 2022 which has now been decided to allow the above facility on an on-going basis (16.05.2022)

RBI:

Lending by commercial banks to NBFCs and lending by Small Finance Banks (SFBs) to NBFC-MFIs, for the purpose of on-lending to certain priority sectors, was permitted up to March 31, 2022 which has now been decided to allow the above facility on an on-going basis.

(RBI/2022-23/50 FIDD.CO.Plan.BC.No.5/04.09.01/2022-23 dated 13^th May 2022)