MUMBAI, India, Dec. 5 -- Reserve Bank of India issued the following notification:
RBI/DOR/2025-26/139
DOR.RAUG.AUT.REC.No.344/24.01.041/2025-26
December 05, 2025
Reserve Bank of India (Non-Operative Financial Holding Company) (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. A review of some provisions contained in the earlier instructions was carried out and a draft direction was placed on the website on October 04, 2024.
2. Taking into account the feedback received and consultation held with the stakeholders and in exercise of the powers conferred by Section 45(L) and Section 45(JA) unde...