RBI Governor Meets NBFC, HFC and Microfinance Leaders in Mumbai

The Governor of the Reserve Bank of India (RBI) on January 5, 2026, held a meeting in Mumbai with the Managing Directors and Chief Executive Officers of select NBFCs, including government NBFCs, Housing Finance Companies (HFCs) and Microfinance Institutions, as part of the central bank’s ongoing engagement with regulated entities.

The participating institutions together account for about 53 percent of total NBFC sector assets. Industry representatives from Sa-Dhan, the Microfinance Institutions Network, and the Finance Industry Development Council also attended the meeting.

The meeting was attended by RBI Deputy Governors T. Rabi Sankar, Swaminathan J., Dr. Poonam Gupta and S. C. Murmu, along with the MD & CEO of the National Housing Bank and other senior RBI officials.

In his opening remarks, the Governor highlighted the role of NBFCs and HFCs in supporting credit flow and stressed the importance of sound underwriting standards, asset quality monitoring, customer-centric practices, ethical conduct, and responsible lending. Participants also shared feedback on policy and operational issues affecting the NBFC sector.