MAS Financial Services Ltd has received approval from the Reserve Bank of India (RBI) to undertake factoring business operations. The company obtained an Additional Certificate of Registration under NBFC for Factoring, marking a strategic expansion of its portfolio. This move strengthens its financial services offering and enhances market opportunities.
MAS Financial Services Limited (MASFIN) announced on March 2, 2026, that it has received the Reserve Bank of India’s approval to commence factoring business. The approval comes in the form of an Additional Certificate of Registration, allowing the company to expand beyond its existing NBFC operations into factoring services.
Factoring enables businesses to improve cash flow by selling receivables to financial institutions, making this approval a significant step for MASFIN in supporting MSMEs and corporates with liquidity solutions. The company emphasized that the new business line will be pursued in compliance with RBI’s prescribed conditions and aligned with emerging market opportunities.
Key Highlights
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Approval Authority: Reserve Bank of India (RBI)
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Announcement Date: March 2, 2026
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Business Expansion: Factoring services under NBFC framework
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Strategic Impact: Strengthens MSME financing and working capital solutions
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Compliance: Subject to RBI guidelines and SEBI Listing Regulations
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Market Outlook: Positioned to leverage growing demand for factoring in India
This development reflects MASFIN’s commitment to diversifying its financial services portfolio and enhancing its role in India’s credit ecosystem.
Sources: ScanX News, BSE Filings, RBI Circulars