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Corporate Laws Central Ministry of Finance Reserve Bank of India Act, 1934 (as applicable to Financial Sector)

RBI issues RBI (Non-Banking Financial Companies - Branch Authorisation) Amendment Directions, 2026

15-Apr-2026 | RBI/2026-2027/11 DOR.RAUG.REC.No.S391/23-27-013/2026-27

RBI has issued the RBI (Non-Banking Financial Companies - Branch Authorisation) Amendment Directions, 2026.

Key Highlights:
1. Para 3(1) has been modified, which states the applicability of the directions.
2. Para 5 has been substituted, which states that an NBFC is generally permitted to open branches without needing to obtain prior approval from RBI, unless otherwise specifically restricted.
3. Para 6 has been substituted, which states that a deposit-taking NBFC registered with the RBI and otherwise entitled to accept public deposits can do so subject to the following conditions, as specified in the document.
4. Para 7, 8 and 9 have been deleted, which stated the opening of a branch by Housing Finance Companies and Investment and Credit Companies.

Kindly refer to the attached document for more information.

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