Governance & Compliance#22 of 35
Reserve Bank of India (Non-Banking Financial Companies – Prudential Norms on Declaration of Dividends) Directions, 2025
RBI Reference
RBI/DOR/2025-26/360
Date of Issue
November 28, 2025
Chapters
3
Overview
About This Direction
Regulates dividend declaration by NBFCs and Standalone Primary Dealers. Prescribes board oversight requirements, eligibility criteria (CRAR compliance, net NPA threshold, minimum profit), quantum of payable dividends, and mandatory reporting to RBI. Includes separate reporting formats for NBFCs and SPDs.
Table of Contents
Chapter-wise Structure
01Preliminary
02Declaration of Dividend
03Repeal Provisions
Source & Attribution: This document is issued by the Reserve Bank of India under reference RBI/DOR/2025-26/360 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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