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RBI Eases Subsequent Major Shareholding Approvals for SFBs

1 October 2026 · RBI

The RBI has amended shareholding norms for Small Finance Banks, allowing one-time approval for subsequent major shareholding acquisitions by mutual funds, insurance companies, and pension funds. It also clarified that client investments under non-binding advice will not count as indirect acquisitions by portfolio managers.

The RBI has amended shareholding norms for Small Finance Banks, allowing one-time approval for subsequent major shareholding acquisitions by mutual funds, insurance companies, and pension funds. It also clarified that client investments under non-binding advice will not count as indirect acquisitions by portfolio managers.

Official source

RBI

Part of the October 2026 digest.

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