The Reserve Bank of India (RBI) on July 15, 2026, issued the Reserve Bank of India (Non-Banking Financial Companies – Credit Facilities) Second Amendment Directions, 2026.
The following amendments have been stated:
• In paragraph 70, an Explanation shall be added as under:
Explanation: Where it is possible for a project to be operationalised as multiple independent viable units, a NBFC 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 72, an Explanation shall be added as under:
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).
The above amendment would come into force with immediate effect.
[Notification No. RBI/2026-27/183 DOR.STR.REC.156/21-04-048/2026-27]
