Skip to main content
RBI Drafts Guidelines for Specified Non-Financial Assets Recovery
Back to Court News
Reserve Bank of Indiabankingcorporate

RBI Drafts Guidelines for Specified Non-Financial Assets Recovery

May 15, 2026

The RBI has issued draft directions governing the treatment of specified non-financial assets acquired during the recovery of non-performing loans, detailing valuation and disposal requirements.

Prudential Norms on Specified Non-Financial Assets (SNFA) Directions

The Reserve Bank of India has issued draft directions pertaining to the prudential norms for acquiring and managing specified non-financial assets that arise during the recovery processes of non-performing loans. This framework introduces clear guidelines regarding valuation, disclosure, and the disposal of such assets.

The comprehensive approach taken in these draft directions seeks to enhance the accountability of lenders and ensures that non-financial assets are managed effectively, promoting stability within the banking sector. The regulation aims to mitigate risks associated with non-performing loans.

Legal experts in banking should closely review these draft guidelines and prepare to advise banks on complying with the new regulatory expectations regarding asset acquisition and recovery processes.

Citations

  • RBI Draft Guidelines (2026) RBI News
Practice Areas:bankingcorporate

Related Articles

View All →
NCLT Declares Liquidation Mandatory After SBI Rejects All Resolution PlansFeatured
National Company Law Tribunalcorporatebanking

NCLT Declares Liquidation Mandatory After SBI Rejects All Resolution Plans

Following a majority vote by SBI to reject all resolution plans, the NCLT has declared liquidation mandatory under Section 33(2) of the IBC and appointed a liquidator to oversee the process.

May 21, 2026Read more →
NCLAT Rules Foreign Oil Assets Kept Outside Videocon Industries’ CIRPFeatured
National Company Law Appellate Tribunalcorporatebanking

NCLAT Rules Foreign Oil Assets Kept Outside Videocon Industries’ CIRP

The NCLAT has ruled in favor of SBI, confirming that Videocon's foreign oil and gas assets are to remain outside the Corporate Insolvency Resolution Process (CIRP) of Videocon Industries Ltd. and its affiliates, relying on the commercial wisdom of the Committee of Creditors.

May 21, 2026Read more →
NCLT Orders Liquidation After CoC Rejects CIRP Extension and Resolution PlanFeatured
National Company Law Tribunalcorporatebanking

NCLT Orders Liquidation After CoC Rejects CIRP Extension and Resolution Plan

The NCLT has ordered the liquidation of a corporate debtor after the Committee of Creditors (CoC) rejected both the extension of the Corporate Insolvency Resolution Process (CIRP) and the proposed resolution plan. This decision emphasizes the need for timely action within insolvency proceedings.

May 21, 2026Read more →