The new norms will help segregate the good NBFCs from the poor ones as any unrated exposure of banks towards NBFCs, which owes banks Rs 200 crore or more will now attract 150% risk weightage versus 100% earlier.

Since taking charge on December 12, Das has met banks, both public and private sector and also NBFCs and MSMEs

The Reserve Bank of India (RBI) on Friday revised regulations for non-bank financial companies (NBFCs) by directing them to get themselves rated by March 2016.

Srei Infrastructure Finance Chairman and Managing Director Hemant Kanoria says a good budget at this stage is one that can set in motion the domestic demand cycle.