Regulatory Alerts2026-07-15
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Reserve Bank of India (All India Financial Institutions – Credit Facilities) Second Amendment Directions, 2026
The Reserve Bank of India adds an Explanation to paragraph 39 of the Directions, permitting All India Financial Institutions to finance multiple independent viable units of a project as separate projects with their own financial closure, provided each unit is appraised ex-ante for standalone viability. An additional Explanation is inserted into paragraph 41 to specify that for electricity generation projects involving both generation and transmission, the right of way requirement for transmission may be determined as per sub-paragraph (3). These amendments come into force with immediate effect.
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