Taxmann’s Statutory Guide for NBFCs – 31st Edition January 2026.

Main Description / Overview

First, Taxmann’s Statutory Guide for NBFCs acts as a complete and practical rulebook. Specifically, it gathers all the active guidelines issued by the Reserve Bank of India (RBI).

Furthermore, it clearly covers Non-Banking Financial Companies (NBFCs) and all related groups. Additionally, this updated book captures India’s latest phase of NBFC rules.

Therefore, it perfectly shows the RBI’s shift toward a risk-focused and scale-based setup. Most importantly, this book is not just a basic summary or story.

Instead, it serves as a strict, daily working manual. Consequently, it reprints the exact RBI Master Directions and working tools.

For instance, it includes all chapters, charts, forms, and reporting steps. As a result, professionals get everything they need to safely follow the rules and pass audits.

Finally, this specific 2026 Edition is highly important. Specifically, it adds 36 new RBI Directions issued throughout 2025. Thus, it fully covers major updates in digital lending, climate risk, and daily conduct rules.

Who Needs This Book?

Clearly, this guide is perfect for users who need exact and ready-to-use legal text. Therefore, it directly helps:

• First, NBFC Boards, top executives, and daily risk managers.

• Second, Internal and Statutory Audit teams who check legal rules.

• Third, Chartered Accountants and Company Secretaries who advise on corporate law.

• Furthermore, Treasury and Finance teams managing complex credit risks.

• Additionally, specialized groups like Housing Finance Companies (HFCs).

• Finally, policy makers and researchers studying Indian finance.

Main Features of the 2026 Edition

• Complete RBI Rules: First, it brings all RBI Master Directions into one clearly organized book.

• New 2025 Updates: Furthermore, it fully includes the 36 new RBI rules issued in 2025.

• Clear Layout: Specifically, each RBI rule appears exactly as written, keeping its original sections.

• Practical Tools: Additionally, it provides helpful math examples, reporting forms, and blank templates.

• Scale-Based Setup: Also, it perfectly matches the RBI’s new scale-based tier system.

• Easy Search: Finally, a clear subject index helps you find specific rules instantly.

Detailed Contents: Divisions I to IV

First, the book splits the rules into nine distinct parts. Consequently, this easily covers the entire NBFC legal setup.

• Division I (Main NBFC Laws): Specifically, this covers public deposits, asset rules, bad loans, and cyber security.

• Division II (Mortgage Groups): Next, it provides rules made just for Mortgage Guarantee Companies.

• Division III (Housing Finance): Additionally, it includes the latest 2025 RBI rules for HFCs.

• Division IV (Primary Dealers): Furthermore, it lists the exact 2025 rules for Standalone Primary Dealers.

Detailed Contents: Divisions V to IX

• Division V (Credit Reports): First, it explains the strict rules for Credit Information Reporting.

• Division VI (Required Returns): Next, it clearly lists all the forms you must file.

• Division VII (Foreign Money): Additionally, it covers the FEMA Rules from 2019 regarding foreign ownership.

• Division VIII (Bankruptcy Laws): Furthermore, it gathers all IBC rules that apply directly to NBFCs.

• Division IX (Priority Lending): Finally, it includes the new 2025 targets for Priority Sector Lending.

How the Book is Organized

Ultimately, the publisher built this book to match how audit teams actually work. First, the division-based setup groups topics by their specific legal area.

Next, the Master Direction format keeps the original RBI circular numbers and dates. Finally, all blank forms and math examples sit right inside the text for instant daily use.

Details