MUMBAI, India, Aug. 6 -- Reserve Bank of India issued the following press release:
The Reserve Bank had issued the revised draft Amendment Directions on 'Conduct of Regulated Entities in Recovery of Loans and Engagement of Recovery Agents' on May 20, 2026 for seeking feedback from stakeholders. Feedback received on the above revised draft Directions has been examined and the consequent modifications have been suitably incorporated in the final Amendment Directions. A statement on the feedback received is provided in the Annex.
2. Accordingly, the Reserve Bank has today issued the following Amendment Directions, which shall come into effect from January 1, 2027.
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Reserve Bank of India (Commercial Banks - Responsible Business Conduct) F...