MUMBAI, India, Aug. 6 -- Reserve Bank of India issued the following notification:
RBI/2026-2027/224
DOR.MCS.REC.No.194/01-01-033/2026-27
August 6, 2026
Reserve Bank of India (Small Finance Banks - Responsible Business Conduct) Fourth Amendment Directions, 2026
Certain instructions on matters related to engagement of recovery agents by Small Finance Banks (SFBs) have been issued to SFBs under the Reserve Bank of India (Small Finance Banks - 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 SFBs (hereinafter referred to collectively as "S...