MUMBAI, India, Aug. 6 -- Reserve Bank of India issued the following notification:
RBI/2026-27/229
DOR.MCS.REC.No.200/01-01-040/2026-27
August 6, 2026
Reserve Bank of India (All India Financial Institutions - Responsible Business Conduct) Third Amendment Directions, 2026
Certain instructions on responsibilities of an All India Financial Institution (AIFI) employing recovery agents have been issued to AIFIs under the Reserve Bank of India (All India Financial Institutions - Responsible Business Conduct) Directions, 2025. The extant instructions have since been reviewed and it has been decided to issue comprehensive instructions on conduct related matters in recovery of loan dues and engagement of recovery agencies to all AIFIs (hereinaft...