RBI press-release 2026-2027/1233 · 01 Oct 2026
Official title
RBI issues Amendment Directions on ‘Simplified approval process for subsequent acquisitions of major shareholding in a banking company by mutual funds, insurance companies and pension funds’
Summary
Check the official recordThe Reserve Bank of India issues Amendment Directions to simplify the approval process for subsequent acquisitions of major shareholding in banking companies. This change applies to mutual funds, insurance companies, and pension funds. The Reserve Bank incorporates feedback from stakeholders on the draft directions. These directions apply to commercial banks, small finance banks, payments banks, and local area banks. The new rules take immediate effect.
Key dates
Who is affected
October 01, 2026
RBI issues Amendment Directions on ‘Simplified approval process for subsequent acquisitions of major shareholding in a banking company by mutual funds, insurance companies and pension funds’
The Reserve Bank, vide Press Release dated July 14, 2026, had issued the draft "Reserve Bank of India (Acquisition and Holding of Shares or Voting Rights) Amendment Directions, 2026”, seeking comments / feedback from the regulated entities and members of public / other stakeholders on or before August 4, 2026. The draft Amendment Directions proposed to simplify approval process for subsequent acquisitions of major shareholding in a banking company by mutual funds, insurance companies and pension funds.
Feedback received on the above draft Amendment Directions has been examined and the consequent modifications have been suitably incorporated in the final Amendment Directions. A statement on the feedback received on the aforementioned draft Amendment Directions is provided in the Annex.
Accordingly, the Reserve Bank has today issued the following Amendment Directions, which shall come into immediate effect:
(Brij Raj)
Chief General Manager
Press Release: 2026-2027/1233
ᮧेस ᮧकाशनी PRESS RELEASE
भारतीय ᳯरज़वर् बᱹक
RESERVE BANK OF INDIA
संचार िवभाग, कᱶᮤीय कायार्लय, शहीद भगत ᳲसंह मागर्, फोटर्, मुंबई - 400 001
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