MUMBAI, India, July 16 -- Reserve Bank of India issued the following notification:
RBI/2026-27/197
DOR.STR.REC.162/21-04-048/2026-27
July 16, 2026
Reserve Bank of India (Non-Banking Financial Companies Income Recognition, Asset Classification and Provisioning) Third Amendment Directions, 2026
Please refer to Reserve Bank of India (Non-Banking Financial Companies - Resolution of Stressed Assets) Second Amendment Directions, 2026 dated July 16, 2026.
2. Consequent to the aforesaid Amendment Directions, in exercise of the powers conferred by the sections 45JA, 45L and 45M of the Reserve Bank of India Act, 1934; sections 30A and 32 of the National Housing Bank Act, 1987 and section 3 read with section 31A and section 6 of the Factoring R...