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DoR.FIN.REC. 25/03.10.038/2025-26 June 06, 2025 All Non-Banking Financial Companies - Microfinance Institutions Dear Sir/ Madam, Review of Qualifying asset criteria Please refer to paragraph 8.1 of the Master Direction - Reserve Bank of India (Regulatory Framework for Microfinance Loans) Directions, 2022 dated March 14, 2022 which prescribes Qualifying Assets Criteria for Non-Banking