RBI Update - Reserve Bank of India (Commercial Banks – Undertaking of Financial Services) – Amendment Directions, 2026 (Revised)

The Reserve Bank of India, vide its revised Amendment Directions dated March 30, 2026, has made targeted changes to the framework governing banks’ undertaking of financial services, aligning it with the revised credit facilities regime. The amendments primarily update the scope of permissible activities by explicitly including acquisition finance and bridge finance for financing promoters’ stake in new companies, as well as lending to individuals against eligible securities within the specified regulatory framework. These revisions ensure consistency with the broader changes introduced under the credit facilities directions and clarify the treatment of such activities within the financial services framework. The amended provisions will come into effect from July 1, 2026 or earlier upon adoption by banks. Link - View Circular