RBI Releases List of 17 Upper-Layer NBFCs for 2026–27; Tata Sons Retained

The Reserve Bank of India has identified 17 Non-Banking Financial Companies in the Upper Layer (NBFC-UL) under its Scale-Based Regulation (SBR) framework for 2026–27.
Core investment company Tata Sons Private Limited remains in the Upper Layer, subjecting it to enhanced regulatory monitoring and strict compliance guidelines.
Four new entrants joined the Upper Layer list: REC Ltd, Power Finance Corporation (PFC), Indian Railway Finance Corporation (IRFC), and HUDCO.
Conversely, RBI removed PNB Housing Finance Ltd and Sammaan Capital Ltd from the latest Upper-Layer classification.
Exam Perspective: SBR structure criteria, such as asset thresholds of ₹1,00,000 crore, and upper layer categorizations are critical banking awareness topics.

Key Facts / Static GK

RBI Scale-Based Regulation Layers: Base Layer, Middle Layer, Upper Layer, Top Layer
Minimum Asset Criteria for Upper Layer NBFCs: ₹1,00,000 crore and above
New Entrants in NBFC-UL (2026-27): REC Ltd, PFC, IRFC, HUDCO

Q Practice Quiz — 7 August 2026

1. What was the total transaction value processed by UPI in July 2026?

A ₹28.92 lakh crore

B ₹29.03 lakh crore

C ₹29.53 lakh crore

D ₹29.88 lakh crore

E ₹29.90 lakh crore

Explanation: In July 2026, UPI set a monthly record by processing 23.66 billion transactions worth ₹29.88 lakh crore.

2. What is the mandatory Compressed Biogas (CBG) blending target for City Gas Distribution entities for FY 2026–27 under the GOBARdhan scheme?

A 1%

B 2%

C 3%

D 4%

E 5%

Explanation: Under the CBG Blending Obligation (CBO), City Gas Distribution entities must achieve blending targets of 3% in FY 2026–27, 4% in FY 2027–28, and 5% from FY 2028–29 onwards.

3. Which division within NITI Aayog formulated the report titled 'Reimagining Care: Strategies for Empowering Caregivers in Viksit Bharat@2047'?

A Human Resources Division

B Social Justice and Empowerment Division

C Health and Family Welfare Division

D Economic and Financial Inclusion Division

E Rural Development Division

Explanation: The report was formulated by the Social Justice and Empowerment Division of NITI Aayog through extensive stakeholder consultations and field studies.

4. How much Central Assistance was released to Uttar Pradesh between FY 2019-20 and FY 2025-26 under the SC/ST atrocity prevention scheme?

A ₹520.50 crore

B ₹610.25 crore

C ₹747.17 crore

D ₹830.40 crore

E ₹950.00 crore

Explanation: A total Central Assistance of ₹747.17 crore was released to Uttar Pradesh during the 2019-20 to 2025-26 period to strengthen enforcement mechanisms and provide victim relief.

5. Which of the following statements regarding the Global Biofuel Champion Fellowship (GBCF) is correct?

A Each selected fellow receives a grant of $50,000.

B The fellowship duration is five years.

C It includes two Indian researchers, Ruchi Agrawal and Abhisek Sahoo.

D The alliance was launched during the COP28 Summit in Dubai.

E The fellowship is limited only to researchers from G7 nations.

Explanation: The inaugural GBCF cohort selected 15 researchers globally including two Indian scholars: Ruchi Agrawal (TERI) and Abhisek Sahoo (IIT Delhi). Each fellow gets a $15,000 grant for a 2-year tenure.

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RBI Releases List of 17 Upper-Layer NBFCs for 2026–27; Tata Sons Retained

Key Facts / Static GK

Q Practice Quiz — 7 August 2026

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