Large Exposure Framework: due date and penalty
Also searched as: NBFC-UL-LARGE-EXPOSURE
Quarterly Large Exposure Framework return from every Upper Layer NBFC, within 21 days of the quarter end: its 20 largest exposures, those of 10% of Tier 1 capital or more, and its exempted exposures.
Next due date
21 January 2027for Q3 FY 2026-27
If it is late: Breaches must be reported to the Reserve Bank and attract supervisory action
Get told before Large Exposure Framework is due
We will email you a week before the next one, and before each one after that.
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- Due
- 21 days after the quarter ends: 21 Jul / 21 Oct / 21 Jan / 21 Apr (30th, 1 month after quarter end for periods beginning before 2026-07-01)
- Frequency
- Quarterly
- If it lapses
- Breaches must be reported to the Reserve Bank and attract supervisory action
- Statutory reference
- Paras 21(12) and 22, RBI (Non-Banking Financial Companies - Supervisory Returns) Directions 2026 (RBI/DoS/2026-27/466)
Where this date comes from
- The instrument
- Paras 21(12) and 22, RBI (Non-Banking Financial Companies - Supervisory Returns) Directions 2026 (RBI/DoS/2026-27/466)
- The authority
- Reserve Bank of India
Mallah Software Services Private Limited has not independently verified this against the gazette. The citation above is the instrument this date is taken from, and it is exact enough for a professional to check. Inside Lawzer a company secretary or chartered accountant can record that they have checked it, against the rule as it read on the day — and that record is withdrawn automatically if the rule later changes. A date nobody has checked says so.
Who has to file it
Every one of these has to hold before Large Exposure Framework binds an entity:
- RBI-registered NBFC
- Upper Layer (NBFC-UL) and Top Layer (NBFC-TL)
- Usually owned by:
- Accountant
- Typical effort:
- 4 hours
Common questions
- What is the due date of Large Exposure Framework?
- It is next due on 21 Jan 2027, for Q3 FY 2026-27. 21 days after the quarter ends: 21 Jul / 21 Oct / 21 Jan / 21 Apr (30th, 1 month after quarter end for periods beginning before 2026-07-01). It falls due every quarter.
- Who has to file Large Exposure Framework?
- It applies to RBI-registered NBFC and Upper Layer (NBFC-UL) and Top Layer (NBFC-TL).
- What is the penalty for filing Large Exposure Framework late?
- Breaches must be reported to the Reserve Bank and attract supervisory action
This is the standing statutory position. The government extends deadlines often, and an extension is not reflected here until the rule is updated. Mallah Software Services Private Limited is a software company and not a firm of company secretaries or chartered accountants — nothing here is legal, tax or secretarial advice. Confirm the date with your professional before relying on it. See the Professional Disclaimer.