MUMBAI, India, Sept. 29 -- Reserve Bank of India issued the following notification:
RBI/2025-26/83
DOR.CRE.REC.51/13.03.00/2025-26
September 29, 2025
Reserve Bank of India (Interest Rate on Advances) (Amendment Directions), 2025
Please refer to the Reserve Bank of India (Interest Rate on Advances) Directions, 2016 ('Directions') and the Circular on Reset of Floating Interest Rate on Equated Monthly Instalments (EMI) based Personal Loans dated August 18, 2023 ('Circular'), read with FAQs issued on January 10, 2025 ('FAQs').
2. On a review, in exercise of the powers conferred by the sections 21, 35A and 56 of the Banking Regulation Act, 1949 and Section 45JA, 45L and 45M of the Reserve Bank of India Act, 1934 and sections 30A and 32 of...