The Reserve Bank of India notified that the concentration of credit/investment norms would not apply to a systemically important non-banking financial company not accessing public funds in India, either directly or indirectly and not issuing guarantees. Earlier, as per the Systemically Important Non-Banking Financial (Non-Deposit Accepting or Holding) Companies Prudential Norms (Reserve Bank) Directions, 2015, any NBFC not accessing public funds or not issuing guarantees can make an application to the RBI for an appropriate dispensation from the concentration of credit/ investment norms. But, by this notification, RBI has done away with any application for dispensation from such concentration.