What is the RBI reference number for this direction?

The RBI reference number is RBI/DOR/2025-26/369, issued on November 28, 2025. It was last updated as on March 10, 2026. This direction contains 6 chapters covering: Preliminary, Role of Board, Registration and Permissible Activities, Prudential Regulations, Corporate Governance, Miscellaneous Instructions, Repeal and Other Provisions.

Specialised NBFCs#31 of 35

Reserve Bank of India (Mortgage Guarantee Companies) Directions, 2025

RBI Reference

RBI/DOR/2025-26/369

Date of Issue

November 28, 2025

Last Updated

March 10, 2026

Chapters

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Overview

About This Direction

Regulatory framework for Mortgage Guarantee Companies (MGCs) registered with RBI. Covers registration and permissible activities (issuing mortgage guarantees to housing finance institutions), prudential norms including capital adequacy, exposure limits, reserve requirements, corporate governance standards, and reporting obligations.

Table of Contents

Chapter-wise Structure

01Preliminary

02Role of Board, Registration and Permissible Activities

03Prudential Regulations

04Corporate Governance

05Miscellaneous Instructions

06Repeal and Other Provisions

Source & Attribution: This document is issued by the Reserve Bank of India under reference RBI/DOR/2025-26/369 dated November 28, 2025. It is a public regulatory document reproduced here for informational and compliance purposes. For the authoritative version, please refer to rbi.org.in.

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