Regulatory Alerts2026-07-15
Added · Updated
Reserve Bank of India (Non-Banking Financial Companies – Credit Facilities) Second Amendment Directions, 2026
The Directions are modified by adding an Explanation to paragraph 70, allowing Non-Banking Financial Companies to finance multiple independent viable units as separate projects with their own financial closure, provided each unit is appraised ex-ante for standalone viability. An additional Explanation is added to paragraph 72, specifying 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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