The Reserve Bank of India issued a revised master circular on bank finance to non-banking financial companies (NBFCs) for all scheduled commercial banks, excluding regional rural banks. The updated circular consolidates and reflects all RBI instructions on the topic issued up to 31 March 2025, as listed in the annex, and replaces the previous master circular dated 24 April 2024. The RBI noted that the document is a compilation and does not introduce any new instructions or guidelines.
Reserve Bank of India 2025-04-01
Reserve Bank of India updates master circular on bank finance to NBFCs consolidating instructions through 31 March 2025
The Reserve Bank of India released a revised master circular on bank finance to non-banking financial companies for scheduled commercial banks, excluding regional rural banks. This update consolidates all instructions up to 31 March 2025, replacing the previous circular from 24 April 2024, without introducing new guidelines.