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Governance & Compliance#02 of 35

Reserve Bank of India (Non-Banking Financial Companies – Acquisition of Shareholding or Control) Directions, 2025

RBI Reference
RBI/DOR/2025-26/340
Date of Issue
November 28, 2025
Chapters
3
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Overview

About This Direction

Governs the acquisition of shareholding or control in NBFCs, including requirements for prior RBI approval when acquiring significant stakes. Covers investment from FATF non-compliant jurisdictions, public notice requirements for change in control or management, and the application process for regulatory clearance.

Table of Contents

Chapter-wise Structure

01Preliminary
02Acquisition of Shareholding or Control
03Repeal and Other Provisions

Source & Attribution: This document is issued by the Reserve Bank of India under reference RBI/DOR/2025-26/340 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.

Related Directions

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06GovernanceRBI/DOR/2025-26/34422Prudential Norms on Declaration of DividendsRBI/DOR/2025-26/36035Miscellaneous DirectionsRBI/DOR/2025-26/373
Previous Direction
01. Registration & Scale Based Regulation
Next Direction
03. Voluntary Amalgamation

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