Reserve Bank of India (All India Financial Institutions – Credit Facilities) Second Amendment Directions, 2026
RBI notification RBI/2026-27/184 · 15 Jul 2026
RBI notification RBI/2026-27/184 · 15 Jul 2026
Summary
Check the official recordThe Reserve Bank of India amends the credit facility directions for All India Financial Institutions. Institutions may finance independent project units as separate projects if each unit has its own financial closure. The institution must appraise each unit for standalone viability before financing. The amendment also clarifies the right of way requirement for electricity generation projects. This requirement applies to projects that include both generation and transmission infrastructure. The amendment takes effect immediately.
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RBI/2026-27/184 DOR.STR.REC.157/21-04-048/2026-27 July 15, 2026
Reserve Bank of India (All India Financial Institutions – Credit Facilities) Second Amendment Directions, 2026
Please refer to Reserve Bank of India (All India Financial Institutions – Credit Facilities) Directions, 2025 (hereinafter referred to as 'the Directions').
In exercise of the powers conferred by the section 45L of the Reserve Bank of India Act, 1934 and all other laws enabling the Reserve Bank of India (hereinafter called 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.
These Amendment Directions modify the Directions as under:
(i) In paragraph 39, an Explanation shall be added as under:
Explanation: Where it is possible for a project to be operationalised as multiple independent viable units, a AIFI 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.
(ii) In paragraph 41, 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).
(Vaibhav Chaturvedi) Chief General Manager