MUMBAI, India, June 15 -- Reserve Bank of India issued the following notification:
RBI/DoR/2026-27/125
DOR.RAUG.AUT.REC.No.104/24.01.041/2026-27
June 15, 2026
Reserve Bank of India (Commercial Banks - Undertaking of Financial Services) Third Amendment Directions, 2026
In exercise of the powers conferred by Section 35A of the Banking Regulation Act, 1949, the Reserve Bank being satisfied that it is necessary and expedient in the public interest to do so, hereby, amends the directions issued vide Reserve Bank of India (Commercial Banks - Undertaking of Financial Services) Directions, 2025 ("Master Direction").
2. The extant regulations governing agency business and referral services have been reviewed and, accordingly, the Master Direct...