Reg Mitra — Regulatory Radar

Regulatory Radar

For CAs and compliance professionals in India.

Confused about the purpose of this newsletter? Click here.

RBI circulars

Showing 2 of 2

Published 16 Jul 2026·RBI-13565·high priority

RBI issues Prudential Norms on Specified Non-Financial Assets (SNFAs) acquired by commercial banks in satisfaction of claims

Expert brief

The Reserve Bank of India has issued the Third Amendment Directions, 2026, establishing comprehensive prudential norms for the acquisition, valuation, disposal, and disclosure of Specified Non-Financial Assets (SNFAs) or…

Who is affected Examine this circular if Sector is Banking and Regulated institution type is Commercial Bank.

Recommended next step Banks are required to incorporate suitable clauses in their policy covering acquisition, eligibility, delegation matrix, recovery efforts, and a maximum disposal period not exceeding seven years [§4(ii)].

DEADLINE Compliance for Legacy SNFAs outstanding as of September 30, 2026 — 30 Sept 2027
Third Amendment Directions effective date — 1 Oct 2026

Open full expert brief →

Official source

Published 16 Jul 2026·RBI-13568·high priority

RBI issues prudential norms for Specified Non-financial Assets (SNFAs) acquired by All India Financial Institutions (AIFIs)

Expert brief

The Reserve Bank of India has issued the Second Amendment Directions, 2026, establishing prudential norms for specified non-financial assets (SNFAs) acquired by All India Financial Institutions in satisfaction of claims on…

Who is affected Examine this circular if Regulated institution type is All India Financial Institution.

Recommended next step AIFIs are required to formulate a board-approved policy for the acquisition and disposal of SNFAs, specifying asset limits as a share of total assets, eligibility criteria, delegation matrices, and recovery efforts [§4].

DEADLINE Compliance for Legacy SNFAs outstanding as of September 30, 2026 — 30 Sept 2027
Effective Date of Amendment Directions — 1 Oct 2026

Open full expert brief →

Official source

Move from general to client-specific

Get your Personalized Radar

Your Personalized Radar checks every new circular against the client profiles you save—entity type, sector, registrations, turnover, state and listed status. It tells you exactly which clients are affected, why the circular applies, the relevant deadline and the next action to take. That means you review a client-specific compliance list instead of every update from every regulator.

Try Personalized Radar free for 7 days →

How we check who should examine a circular Reg Mitra checks every “Who should examine this” conclusion twice against the official circular. You can see the exact supporting text in the full expert brief.

See Reg Mitra · For CAs and compliance professionals in India
Methodology & limitations · Unsubscribe.