In which cases the Systematically Important Non-Deposit Taking Company and Deposit Taking Company (Reserve Bank) Directions, 2016 shall apply to the Non-Banking Financial Company.

"Systemically important non-deposit taking non-banking financial company" and deposit taking non-banking financial company (Reserve Bank) Directions, 2016 shall apply to the Non-Banking Financial Companies in the following circumstances: Systemically important non-deposit taking non-banking financial company registered with Reserve Bank under the provisions of RBI Act, 1934 Deposit taking non-banking financial company registered with Reserve Bank under the provisions of RBI Act, 1934 "Non-Banking Financial Company - Factor (NBFC-Factor) granted a certificate of registration under section 3 of the Factoring Regulation Act, 2011 and having an asset size of ₹500 crores and above "Infrastructure Debt Fund-Non-Banking Financial Company" or "IDF-NBFC" registered with Reserve Bank under the provisions of RBI Act, 1934 Non-Banking Financial Company – Micro Finance Institution (NBFC-MFI) registered with Reserve Bank under the provisions of RBI Act, 1934 and having an asset size of ₹500 crores and above