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’
Cite this
Citations are auto-generated; verify before publishing. The draft classification is PolicyDhara's, not the source's.
Draft open for public comment — a proposed policy, rule, or standard in consultation. Not yet in force; stakeholder input can still change it.
Summary
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
Key Facts
TypeDraft for comment
SourceReserve Bank of India
PublishedThursday, 1 October 2026
Affected Population1.4 billion citizens, 63 million MSMEs
Key Numbers
GDP: $3.9 trillion (2025 est.)
Fiscal deficit target: 4.4% of GDP
GST collection: Rs 1.87 lakh crore/month avg
Key Authorities
Key Stakeholders
Government Context
NDA IIIBJP-led NDA
LeftCentreRight