Moneyboxx Finance Classified as Middle Layer NBFC by RBI

Moneyboxx Finance Limited has been reclassified as a Middle Layer Non-Banking Financial Company (NBFC-ML) by the Reserve Bank of India (RBI). This change is effective as of September 30, 2026, following the company achieving an asset size of Rs. 1,000 crores. Previously categorized under the Base Layer (NBFC-BL), the company's progression to the Middle Layer signifies a natural evolution in its growth trajectory and the scaling of its lending operations. This classification subjects Moneyboxx Finance to the regulatory requirements applicable to NBFC-ML, as prescribed by the RBI. The company emphasizes its commitment to maintaining high standards of corporate governance, risk management, and regulatory compliance during this new phase of expansion.