--- title: "印度儲備銀行對非銀行金融公司的救濟措施可能進一步促進企業在股市中的參與" type: "News" locale: "zh-HK" url: "https://longbridge.com/zh-HK/news/286572937.md" description: "印度儲備銀行對小型非銀行金融公司（NBFCs）免除註冊要求的政策預計將增強企業在股市的參與。這一舉措緩解了那些因收入門檻而擔心成為 “意外 NBFC” 的實體的顧慮。市場專家認為，這將鼓勵更多對上市股票和其他金融工具的投資，為注重合規的企業提供監管上的清晰和安心。新的 “未註冊類型 I NBFCs” 分類將於 7 月 1 日起生效，允許符合條件的實體在無需強制註冊的情況下運營" datetime: "2026-05-15T03:14:25.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/286572937.md) - [en](https://longbridge.com/en/news/286572937.md) - [zh-HK](https://longbridge.com/zh-HK/news/286572937.md) --- # 印度儲備銀行對非銀行金融公司的救濟措施可能進一步促進企業在股市中的參與 Market participants and brokers said several corporates and entities that remained wary of equity markets due to the risk of becoming “accidental NBFCs” may now participate more actively. These entities faced the possibility of breaching income thresholds linked to financial assets, which could have triggered mandatory registration requirements. “This move will provide greater comfort to highly compliance-focused corporates and entities that were earlier hesitant to participate meaningfully in capital markets due to the risk of inadvertently triggering NBFC classification norms,” said Uttam Bagri, managing director (MD) of BCB Brokerage. Bagri added that the broking industry had seen several genuine businesses unintentionally fall within the NBFC framework merely because of technical thresholds relating to financial assets and income. This was despite having no lending activity or customer-facing financial operations. In April, the RBI announced an exemption from registration for NBFCs that do not avail of public funds, do not have a customer interface, and have assets of less than ₹1,000 crore. These entities will be classified as “Unregistered Type I NBFCs”. The norms will come into effect from July 1. The broking community has welcomed the RBI relaxation as a positive structural boost for the depth and participation levels in India’s capital market ecosystem. “There are many entities — particularly promoter investment companies, family investment structures, treasury entities and passive holding companies — that were previously cautious about increasing equity market exposure. This was because of the possibility of inadvertently attracting NBFC classification norms. The RBI’s move provides greater regulatory clarity and should encourage greater comfort in deploying surplus capital into listed equities and other market instruments,” said Akshat Pande, managing partner at Alpha Partners. Pande added that, despite being unregistered, these entities would continue to be governed by Chapter IIIBB of the RBI Act, 1934. This would allow the RBI to issue specific guidelines if risks emerge. Unregistered Type-I NBFCs will remain exempt from registration requirements as long as they meet specified conditions, including operating a long-term business model without public funds or customer exposure. Existing NBFCs that meet these criteria have been given a one-time window to apply for deregistration by December 31, 2026. This has been introduced for the first time and offers a structured exit route from the regulatory framework. “The RBI’s relaxation is likely to provide greater regulatory comfort to such entities and may encourage incremental participation in listed equities, treasury deployments, and strategic investments by corporates deploying their own funds. While it may not trigger an immediate surge in market activity, it does remove a compliance overhang that previously made many genuine participants cautious,” said Raheel Patel, partner at Gandhi Law Associates. ### 相關股票 - [02836.HK](https://longbridge.com/zh-HK/quote/02836.HK.md) - [INDY.US](https://longbridge.com/zh-HK/quote/INDY.US.md) ## 相關資訊與研究 - [印度儲備銀行決定不對銀行施加額外的資本緩衝要求](https://longbridge.com/zh-HK/news/286783454.md) - [《大手成交》友邦一手 48 萬股市前交易，涉資 4147 萬元](https://longbridge.com/zh-HK/news/286835068.md) - [《大手成交》建滔積層板一手約 52 萬股市前交易，涉 2191 萬元](https://longbridge.com/zh-HK/news/286984733.md) - [強勁企業盈利為股市抵禦收益率上升提供緩衝，Barclays 表示](https://longbridge.com/zh-HK/news/287092504.md) - [統一超羅智先：股市高檔 但各行業都不輕鬆加速淘汰中](https://longbridge.com/zh-HK/news/287003675.md)