Mumbai, March 31 -- The Reserve Bank of India on 30 March 2026 deferred the implementation of its amended capital market exposure norms by three months to 1 July 2026, following feedback from banks, capital market intermediaries and industry bodies flagging operational and interpretational challenges.

The revised directions, originally scheduled to come into effect from 1 April 2026, are aimed at enabling bank financing for corporate acquisitions, rationalising lending limits against financial assets such as shares and REIT units, and introducing a more principle-based framework for lending to capital market intermediaries.

Alongside the extension, the central bank introduced key clarifications. It expanded the definition of acquisition...