MUMBAI, India, June 23 -- Reserve Bank of India issued the following notification:
RBI/2026-27/152
DOR.STR.REC.128/21-07-001/2026-27
June 23, 2026
Reserve Bank of India (Commercial Banks - Credit Facilities) Fourth Amendment Directions, 2026
Please refer to Reserve Bank of India (Commercial Banks - Credit Facilities) Directions, 2025 (hereinafter referred to as 'the Directions').
2. In view of circular on "Operation of Pre-Sanctioned Credit Lines at Banks through Unified Payments Interface (UPI)" dated September 04, 2023, which allow banks to enable transactions using the UPI system through a pre-sanctioned credit line with prior consent of the customer, it is imperative to ensure consistency in regulatory compliance towards such pro...