The Reserve Bank of India (RBI), on November 28, 2025, issued the Reserve Bank of India (Urban Co-operative Banks– Credit Facilities) Directions, 2025.
The following has been stated:-
• The Directions contained in this chapter provide a harmonised framework for financing of projects in infrastructure and non-infrastructure (including commercial real estate & commercial real estate - residential housing) sectors by banks.
• The Directions of this chapter shall come into force with effect from October 01, 2025 (the ‘Effective Date’ for this Chapter).
• The Directions contained in this Chapter shall not apply to projects where financial closure has been achieved as of the effective date. Such projects shall continue to be guided by the existing prudential guidelines on project finance, which otherwise shall be treated as repealed. However, any resolution of a fresh credit event and/or change in material terms and conditions in the loan contract in such projects, after the effective date, as per these Directions to be eligible to avail resolution benefits as specified under Reserve Bank of India (Urban Co-operative Banks – Resolution of Stressed Assets) Directions, 2025.
[Notification no. RBI/DOR/2025-26/277 DOR.CRE.REC.No. /07-01-005/2025-26]
