2026-07-15

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Reserve Bank of India (Small Finance Banks – Credit Facilities) Fourth Amendment Directions, 2026

The directions add an explanation to paragraph 78, allowing banks 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 added to paragraph 80, 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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