RBI has extended timelines for Submission of Supervisory Returns by NBFCs

The Reserve Bank of India through circular dated May 8, 2021 has extended timelines for Submission of Supervisory Returns NBFCs. The due date for SCBs / SFBs /PBs / LABs/ AIFIs to submit weekly and Fortnightly returns to department of supervision is extended for 1 week. The due date for Monthly returns is extended for 15 days and Quarterly and returns are extended for 30 days.

The due date for UCBs to submit Fortnightly returns is extended for 1 week. Due date for filing Monthly returns is extended for 15 days and Quarterly and above returns is extended for 30 days.

The due date for NBFCs to submit monthly returns is extended for 15 days and Quarterly and above returns is extended for 30 days.

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