RBI Grants Core Investment Company Registration to Indiabulls Limited
The Reserve Bank of India has issued a Certificate of Registration to Indiabulls Limited to operate as a Core Investment Company. Indiabulls Limited, which was previously known as Yaari Digital Integrated Services Limited, announced the regulatory development in a stock exchange disclosure on 2 October 2026. The company noted that it is evaluating the applicability of this registration to its business structure.
What happened
The Reserve Bank of India (RBI) has issued a Certificate of Registration (CoR) to Indiabulls Limited, granting it the status of a Core Investment Company (CIC) under the provisions of the Reserve Bank of India Act. Indiabulls Limited formally communicated this regulatory development to stock exchanges in a corporate filing dated 2 October 2026, submitted pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Indiabulls Limited previously operated under the name Yaari Digital Integrated Services Limited. In its regulatory disclosure, the company stated that it is currently assessing whether the CIC registration is applicable to its ongoing business structure. It clarified that if the registration is determined to be non-applicable, it will surrender the certificate to the central bank. The exchange filing confirmed that there has been no suspension, cancellation, or withdrawal of the licence by the RBI, and the registration period was listed as not applicable.
Indiabulls Limited is listed on both the National Stock Exchange of India Limited (under the symbol IBULLSLTD) and BSE Limited (under scrip code 533520). The company maintains its registered office in Gurgaon, Haryana, and its corporate office in Mumbai, Maharashtra.
Important dates
| Exchange disclosure by Indiabulls Limited | 2 October 2026 |
|---|---|
| Publication update date | 7 October 2026 |
📌 Static GK links
- Regulator: The Reserve Bank of India (RBI) is the licensing authority and primary regulator for Non-Banking Financial Companies and Core Investment Companies in India.
- Definition of CIC: A Core Investment Company is a specialised Non-Banking Financial Company (NBFC) that primarily holds investments in and extends financing to group entities, rather than engaging in retail or commercial banking.
- Asset Size Criteria: Systemically important Core Investment Companies possess an asset size of ₹100 crore and above.
- Asset Allocation Norm: A CIC is mandated to maintain at least 90% of its net assets in investments, debt instruments, or loans to group companies.
- Equity Allocation Norm: A minimum of 60% of net assets of a CIC must be held as equity shares in group companies.
What candidates should do
- Note the numerical norms governing Core Investment Companies (90% group exposure, 60% group equity, and ₹100 crore minimum asset threshold) as these are frequently tested in RBI Grade B and bank specialist officer exams.
- Review the classification differences between standard Non-Banking Financial Companies (NBFCs) and specialized investment entities such as CICs.
- Track regulatory announcements under the Reserve Bank of India Act and SEBI LODR disclosure guidelines for the General Financial Awareness section.
PrepZen analysis
In competitive examinations such as RBI Grade B, SBI PO, and IBPS PO, regulatory developments involving specialized financial institutions form a crucial part of the Financial Awareness syllabus. Questions often test the quantitative requirements imposed on specialized NBFCs. Candidates must pay close attention to the distinct operational criteria of Core Investment Companies, specifically the 90% net asset allocation rule for group entities and the 60% net asset floor for group equity investments.
Additionally, examiners frequently test institutional nomenclature and recent structural developments in publicly traded financial entities. Remembering the previous entity name—Yaari Digital Integrated Services Limited—along with the core function of CICs as non-retail, group-holding investment entities, provides comprehensive preparation for both objective and interview stages of banking examinations.
Practice questions
Q1. Under the regulatory framework of the Reserve Bank of India, what minimum percentage of its net assets must a Core Investment Company (CIC) hold in group company investments, debt, or loans?
Q2. Which company, formerly known as Yaari Digital Integrated Services Limited, was granted a Certificate of Registration as a Core Investment Company by the RBI in October 2026?
Q3. What is the minimum percentage of net assets that a Core Investment Company must maintain in equity investments in group companies under RBI norms?
Indiabulls Limited previously operated under the name Yaari Digital Integrated Services.
CICs must hold 90% of assets in group entity investments.
🎯 Key Point: RBI registered Indiabulls Limited as a Core Investment Company.
FAQs
What is a Core Investment Company (CIC)?
A Core Investment Company is a specialised Non-Banking Financial Company (NBFC) that acts primarily as an investment-holding entity. Instead of conducting retail or commercial lending, it holds investments and provides financing mainly to its group companies.
What was the former name of Indiabulls Limited?
Indiabulls Limited previously operated under the name Yaari Digital Integrated Services Limited.
What is the minimum asset size threshold associated with a Core Investment Company under RBI criteria?
Under RBI regulatory criteria, a Core Investment Company has an asset size threshold of ₹100 crore and above.
What are the asset distribution norms mandated by the RBI for a CIC?
A CIC must maintain at least 90% of its net assets in the form of investments, debt instruments, or loans in group companies, with at least 60% of its net assets specifically in group company equity shares.
Sources
- indiabulls.com (www.indiabulls.com)
- aninews.in (www.aninews.in)
- businessworld.in (www.businessworld.in)
- angelone.in (www.angelone.in)
Prepared by the PrepZen Editorial Team from official releases and verified reports, for exam preparation. Spotted an error? Write to prepzen.app@gmail.com.
Practice Quiz — 7 October 2026
Q1. Who has been named to succeed Air Chief Marshal A.P. Singh as the Chief of the Air Staff on 31 October?
Q2. Which Indian shooter was unanimously elected to represent South Asian athletes on the Olympic Council of Asia (OCA) Athletes Commission for the 2026–2030 term?
Q3. What is the total financial commitment approved by the Union Cabinet for setting up the SME Growth Fund (SGF)?
Q4. What is the name of the Indian Navy's first indigenous Fleet Support Ship (FSS-1) launched at Hindustan Shipyard Limited?
Q5. Which of the following statements regarding a Core Investment Company (CIC) under RBI guidelines is correct?
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