BSE, Asia's premier stock exchange has provided an on-line platform to NBFCs to facilitate pledge data reporting. More than 65 NBFCs are currently using this platform.

Reserve Bank of India (RBI) vide its circulars dated Aug. 21, 2014 has directed all NBFCs with asset size of Rs. 1 billion and above to report on-line to stock exchanges, information on the shares pledged in their favour, by borrowers for availing loans. RBI has also advised Exchanges to put in place infrastructure for on-line reporting. 
 
Recently, BSE has launched an enhanced module for pledge reporting wherein the NBFCs shall be able to submit quarterly reporting of pledge data. This is in line with RBI’s recent initiative vide its circular dated April 10, 2015.
 
Based on the reporting made by NBFCs, security wise details of total no. of shares held as pledge by the promoters and non-promoters is disseminated on BSE's website for the benefit of the investing fraternity.