Reserve Bank of India (Commercial Banks - Concentration Risk Management) Amendment Directions, 2026

14-Feb-2026 , 07:52:32 pm | By CASANSAAR print

Reserve Bank of India (Commercial Banks - Concentration Risk Management) Amendment Directions, 2026

RBI/2025-26/212
DOR.CRE.REC.403/07-03-001/2025-26

February 13, 2026

Reserve Bank of India (Commercial Banks - Concentration Risk Management) Amendment Directions, 2026

Please refer to the Reserve Bank of India (Commercial Banks - Concentration Risk Management) Directions, 2025 (hereinafter referred to as 'the Directions').

2. On a review, consequent to the issuance of the Reserve Bank of India (Commercial Banks – Credit Facilities) Amendment Directions, 2026, and in exercise of the powers conferred by the sections 21 and 35A of the Banking Regulation Act, 1949 and all other laws enabling the Reserve Bank of India (hereinafter called the Reserve Bank) in this regard, the Reserve Bank being satisfied that it is necessary and expedient in the public interest so to do, hereby issues the Amendment Directions hereinafter specified.

3. The Amendment Directions modify the Directions as under:

3(1)(i) In paragraph 4 of 'Chapter I - Preliminary' of the Directions, the following sub-paragraphs shall be inserted:

(2A) "Acquisition Finance" shall have the same meaning as defined in the Reserve Bank of India (Commercial Banks – Credit Facilities) Directions, 2025.

(2B) "Bridge Finance" shall have the same meaning as defined in the Reserve Bank of India (Commercial Banks – Credit Facilities) Directions, 2025.

(2C) "Capital Market Intermediaries (CMIs)" shall have the same meaning as defined in the Reserve Bank of India (Commercial Banks – Credit Facilities) Directions, 2025.

(2D) "Collateral Security" or "Collateral" shall have the same meaning as defined in the Reserve Bank of India (Commercial Banks – Credit Facilities) Directions, 2025.

(9A) "Non-debt Mutual Funds" shall mean mutual fund schemes corpus of which are not exclusively invested in debt securities.

(9B) "Primary Security" shall have the same meaning as defined in the Reserve Bank of India (Commercial Banks – Credit Facilities) Directions, 2025.

3(1)(ii) Paragraph 4(8) shall be deleted.

3(2) In 'Chapter II – Role of the Board' of the Directions, sub-subparagraph 6(1)(v) shall be substituted with the following:

"Policy for fixing intra-day exposure limits to the capital markets within the prudential limits prescribed in these Directions for a bank's aggregate capital market exposures (CME)."

3(3) In 'Chapter V – Exposure Norms' of the Directions, the following modifications shall be effected:

3(3)(i) Paragraph 95 shall be deleted.

3(3)(ii) After paragraph 95, a new paragraph 95A shall be inserted as under:

"95A. CME of a bank shall include both its direct exposures and indirect exposures (both fund based and non-fund based), including the following:

(1) Investment Exposures: direct investment in equity and preference shares; convertible bonds; convertible debentures; units of non-debt mutual fund schemes; units of REITs and InvITs and units of Alternative Investment Funds (AIFs).