The Reserve Bank of India (RBI) on February 13, 2026, notified the Reserve Bank of India (Non-Banking Financial Companies – Credit Facilities) Amendment Directions, 2026, to amend the Reserve Bank of India (Non-Banking Financial Companies – Income Recognition, Asset Classification and Provisioning) Amendment Directions, 2026.
The following has been stated: -
•Reserve Bank of India issued Amendment Directions aligning NBFC credit facility norms with updated IRAC provisions.
•Asset classification and provisioning for individual loan assets must now follow the NBFC IRAC Directions, 2025.
•Para 25(1) of the 2025 Credit Facilities Directions has been substituted to reflect this change.
•The amendments are effective immediately in the public interest.
The detailed notification is given in the document below.
[Notification No.: RBI/2025-26/209 DOR.STR.REC.412/21-07-001/2025-26]
