New Delhi, April 17 -- The Reserve Bank of India (RBI) has issued the Non-Banking Financial Companies Branch Authorisation (Amendment) Directions, 2026, introducing changes to norms governing branch expansion by non-banking financial companies (NBFCs).
Issued on Wednesday, the revised framework incorporates stakeholder feedback on draft guidelines released earlier this year.
The amendments modify provisions under the NBFC Branch Authorisation Directions, 2025, and align related rules under the Acceptance of Public Deposits Directions, 2025 and Housing Finance Companies Directions, 2025.
Greater Operational Flexibility
Under the revised rules, NBFCs are generally allowed to open branches without prior approval from the RBI, unless sp...