Reserve Bank of India (Commercial Banks – Undertaking of Financial Services) (Amendment) Directions, 2025

RBI/DOR/2025-26/135
DOR.RAUG.AUT.REC.No.342/24.01.041/2025-26
 

December 05, 2025

Reserve Bank of India (Commercial Banks – 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 (Commercial Banks – 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 feedback received and consultation held with the stakeholders and in exercise of the powers conferred by Section 35A of the Banking Regulation Act, 1949 and all other laws enabling 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. These Directions shall be called the Reserve Bank of India (Commercial Banks – Undertaking of Financial Services) (Amendment) Directions, 2025.
 

4. The provisions shall come into effect from December 05, 2025.
 

5. These Amendment Directions modify the Reserve Bank of India (Commercial Banks - Undertaking of Financial Services) Directions, 2025 (hereinafter referred to as ‘Master Direction’) as under:
 

i) In paragraph 3 of the Master Direction, the following shall be inserted, namely: -

“Paragraph 18(4) of these directions shall apply to all Non-Banking Financial Companies (including Housing Finance Companies) which are group entities of a bank operating in India”

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