MUMBAI, India, Dec. 5 -- Reserve Bank of India issued the following notification:

RBI/DOR/2025-26/138

DOR.RAUG.AUT.REC.No.343/24.01.041/2025-26

December 05, 2025

Reserve Bank of India (Non-Banking Financial Companies - Undertaking of Financial Services) (Amendment) Directions, 2025

Reserve Bank had earlier issued directions on Financial Services provided by Banks in 2016, since replaced by entity-wise Master Directions issued on November 28, 2025 - Reserve Bank of India (Non-Banking Financial Companies - Undertaking of Financial Services) Directions, 2025. A review of some provisions contained in the earlier instructions was carried out and a draft circular was placed on the website on October 04, 2024.

2. Taking into account the fee...