Reserve Bank of India (All India Financial Institutions - Responsible Business Conduct) Third Amendment Directions, 2026

Source: Reserve Bank of India

Category: Digital Lending

Published: Thu, 06 Aug 2026 18:10:00

RBI/2026-27/229 DOR.MCS.REC.No.200/01-01-040/2026-27 August 6, 2026 Reserve Bank of India (All India Financial Institutions - Responsible Business Conduct) Third Amendment Directions, 2026 Certain instructions on responsibilities of an All India Financial Institution (AIFI) employing recovery agents have been issued to AIFIs under the Reserve Bank of India (All India Financial Institutions – Responsible Business Conduct) Directions, 2025 . The extant instructions have since been reviewed and it has been decided to issue comprehensive instructions on conduct related matters in recovery of loan dues and engagement of recovery agencies to all AIFIs (hereinafter referred to collectively as “AIFIs” and individually as an “AIFI”) under the aforesaid Directions. 2. In exercise of the powers conferred by Section 45L of the Reserve Bank of India Act, 1934, the Reserve Bank, being satisfied that it is necessary and expedient in public interest so to do, hereby issues the Amendment Directions hereinafter specified. 3. Short Title and Commencement (1) These Directions shall be called the Reserve Bank of India (All India Financial Institutions - Responsible Busines