The Reserve Bank of India (RBI) on November 28, 2025, issued the Reserve Bank of India (Non-Banking Financial Companies – Climate Finance and Management of Climate Change Risks) Directions, 2025.
The following has been stated namely: -
• These Directions shall be applicable to deposit taking Non-Banking Financial Companies registered with the Reserve Bank of India. The deposit taking NBFCs shall be classified under the Middle Layer and above, in accordance with the Reserve Bank of India (Non-Banking Financial Companies – Registration, Exemptions and Framework for Scale Based Regulation) Guidelines, 2025.
• The Role of the Board has been stated in the Directions
• The Framework for acceptance of Green Deposits has been stated in the Directions
[Notification No. RBI/DOC/2025-26/364]