The RBI has proposed tighter norms for non-banking financial companies (NBFCs) with regard to capital requirements, provisioning norms and asset classification. Umesh Revankar, MD of Shriram Transport Finance Company, says that while the new guidelines have diluted some of recommendations of the Usha Thorat committee, but the direction has been maintained. He adds that the company will not see much impact on its liquidity on account of the guidelines on standard asset provisioning.