2026-06-10

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Reserve Bank of India (Commercial Banks – Credit Facilities) Third Amendment Directions, 2026

The directions substitute definitions in Chapter II and insert new Section F in Chapter VIII to permit lending to SEBI-regulated Real Estate Investment Trusts (REITs) and Infrastructure Investment Trusts (InvITs). Banks must establish Board-approved policies, ensure listed status, and adhere to a 49 percent aggregate exposure ceiling relative to asset value. The amendments prohibit bullet or ballooning repayment structures and mandate full security coverage, while allowing existing non-compliant InvIT loans to run off until maturity without renewal.

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