The Reserve Bank of India (RBI) issued the Reserve Bank of India (Non-Banking Financial Companies – Credit Facilities) Amendment Directions, 2026 on February 13, 2026. The amendment follows and aligns with the RBI’s earlier notification on the Non-Banking Financial Companies – Income Recognition, Asset Classification and Provisioning Amendment Directions, 2026. Exercising powers under Chapter III B of the Reserve Bank of India Act, 1934, the RBI introduced consequential changes to the 2025 Credit Facilities Directions applicable to NBFCs. Specifically, paragraph 25(1) has been substituted to clarify that asset classification of individual loan assets and the related provisioning requirements shall be governed by the RBI’s Income Recognition, Asset Classification and Provisioning Directions, 2025. The amendment ensures uniformity and consistency in prudential norms governing asset classification and provisioning across NBFCs. The revised provision has come into force with immediate effect, thereby making the updated regulatory framework operational from the date of notification.
RESERVE BANK OF INDIA
RBI/2025-26/209
DOR.STR.REC.412/21-07-001/2025-26 | Dated: February 13, 2026
Reserve Bank of India (Non-Banking Financial Companies – Credit Facilities) Amendment Directions, 2026
Please refer to Reserve Bank of India (Non-Banking Financial Companies – Income Recognition, Asset Classification and Provisioning) Amendment Directions, 2026.
2. Consequential to the aforesaid Amendment Directions, in exercise of the powers conferred by the Chapter III B of the Reserve Bank of India Act, 1934 and all other laws enabling the Reserve Bank in this regard, the Reserve Bank being satisfied that it is necessary and expedient in the public interest so to do, hereby issues the Amendment Directions hereinafter specified.
3. These Amendment Directions modify the Reserve Bank of India (Non-Banking Financial Companies – Credit Facilities) Directions, 2025 (hereinafter referred to as ‘the Directions’) as under:
Para 25 (1) of the Directions, shall be substituted as below:
25. (1) Asset classification of individual loan assets and consequent provisioning requirement shall be in terms of the Reserve Bank of India (Non-Banking Financial Companies – Income Recognition, Asset Classification and Provisioning) Directions, 2025.
4. The above amendment shall come into force immediately.
(Vaibhav Chaturvedi)
Chief General Manager
