The draft Amendment Directions state that the amendments would come into force immediately. Reserve Bank of IndiaDate : Aug 06, 2026RBI invites comments on the draft “Reserve Bank of India (Non-Banking Financial Companies – Credit Facilities) Amendment Directions, 2026”The Reserve Bank of India today released the draft “Reserve Bank of India (Non-Banking Financial Companies – Credit Facilities) Amendment Directions, 2026”. Comments/feedback on the draft Amendment Directions are invited from regulated entities and other interested stakeholders by August 28, 2026. Feedback on the draft Amendment Directions may be submitted through ‘Connect 2 Regulate’ or by email with subject line “Feedback on draft Reserve Bank of India (Non-Banking Financial Companies – Credit Facilities) Amendment Directions, 2026”. NBFC shall only offer credit products which are in nature of term loans and shall not offer any revolving credit products.