RBI/2024-25/ DOR.RAUG.AUT.REC.No. /24.01.041/2024-25 October 04, 2024 All Scheduled Commercial Banks (excluding Regional Rural Banks) All Non-Banking Financial Company (including Housing Finance Company) - group entities of Scheduled Commercial Banks All Non-Operative Financial Holding Companies Madam/Sir, Draft Circular - Forms of Business and Prudential Regulation for Investments In exercise of the powers conferred by Section 35A of the Banking Regulation Act, 1949 and Chapter IIIB of the Reserve Bank of India Act, 1934, the Reserve Bank of India being satisfied that it is necessary and expedient in the public interest to do so, hereby, amends the directions issued vide Master Direction- Reserve Bank of India (Financial Services provided by Banks) Directions, 2016 dated May 26, 2016.