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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’
RBI One-Time Approval for Major Shareholding in Banks: Mutual Funds, Insurers and Pension Funds Get a Re-Entry Route (October 2026)
On 1 October 2026 the RBI issued four Amendment Directions letting it grant one-time approval to mutual funds, insurers and pension funds for subsequent acquisitions of major shareholding of up to 10% in commercial, small finance, payments and local area banks.
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’
1 October 2026Eff. 1 October 202620 min
RBI invites public comments on the draft “Reserve Bank of India (Acquisition and Holding of Shares or Voting Rights) Amendment Directions, 2026”
MandatoryRBI Proposes One-Time Approval for Mutual Funds, Insurers, Pension Funds Re-Acquiring Bank Shares — Draft Amendment Directions, 2026
RBI's draft Amendment Directions, 2026 (Commercial, Small Finance, Payments, Local Area Banks) let mutual funds, insurers and pension funds get one-time approval for subsequent major shareholding acquisitions up to 10% in a bank. Comments due 4 August 2026.
RBI invites public comments on the draft “Reserve Bank of India (Acquisition and Holding of Shares or Voting Rights) Amendment Directions, 2026”
14 July 202612 min