Systemically important NBFCs are those with an asset size of Rs 500 crore or more.
NBFCs-ND are categorized into two broad categories viz.,
1. NBFCs-ND (those with assets of less than Rs. 500 crore) and
2. NBFCs-ND-SI (those with assets of Rs. 500 crore and above).
(ND mean Non-Deposit taking NBFCs)
For Systemically Important Core Investment Companies (NBFC -CIC- SI), the asset size is Rs 100 crore.
