The Reserve Bank of India (RBI) on July 15, 2026, issued the Reserve Bank of India (Small Finance Banks – Credit Facilities) Fourth Amendment Directions, 2026, further to amend the Reserve Bank of India (Small Finance Banks – Credit Facilities) Directions, 2025.
The following has been amended, namely:
• In paragraph 78, an Explanation shall be added as: Explanation: Where it is possible for a project to be operationalised as multiple independent viable units, a bank may at its discretion finance such independent units as separate projects with their own financial closure, provided each unit is appraised ex-ante for standalone viability.
• In paragraph 80, an Explanation shall be added as: Explanation: For the purpose of this paragraph, for projects in electricity generation where the project scope involves both generation and transmission (evacuation infrastructure), the right of way requirement for transmission may be determined as per sub-paragraph (3).
[Notification no. - RBI/2026-27/182 DOR.STR.REC.155/21-04-048/2026-27]
