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Union Minister Shri Jyotiraditya M. Scindia Inaugurates Workshop on 5G Use Case Labs at IMC 2026; Highlights Role of Young Innovators in Advancing India’s 5G and 6G Vision

RBI/2026-27/227 DOR.MCS.REC.No.197/01-01-037/2026-27 August 6, 2026 Reserve Bank of India (Urban Co-operative Banks - Responsible Business Conduct) Fourth Amendment Directions, 2026 Certain instructions on matters related to engagement of recovery agents by Urban Co-operative Banks (UCBs) have been issued to UCBs under the Reserve Bank of India (Urban Co-operative Banks – Responsible Business Conduct) Directions, 2025 . The extant instructions have since been reviewed and it has been decided to issue comprehensive instructions on conduct related matters in recovery of loan dues and engagement of recovery agencies to all UCBs (hereinafter referred to collectively as “UCBs” and individually as an “UCB”) under the aforesaid Directions. 2. In exercise of the powers conferred by Sections 21, 35A and 56 of the Banking Regulation Act,1949, the Reserve Bank, being satisfied that it is necessary and expedient in public interest so to do, hereby issues the Amendment Directions hereinafter specified. 3. Short Title and Commencement (1) These Directions shall be called the Reserve Bank of India (Urban Co-operative Banks - Responsible Business Conduct) Fourth Amendment Directions, 2026. (2) These Directions shall come into effect from January 1, 2027 . 4. These Amendment Directions shall modify the Reserve Bank of India (Urban Co-operative Banks – Responsible Business Conduct) Directions, 2025 as under: (1) In paragraph 4, the following definitions shall be inserted after sub-paragraph 4(23), namely: “4(23A) Recovery agency means an entity or individual (other than UCB’s own employees)

RBI/2026-27/225 DOR.MCS.REC.No.195/01-01-035/2026-27 August 6, 2026 Reserve Bank of India (Local Area Banks - Responsible Business Conduct) Fourth Amendment Directions, 2026 Certain instructions on matters related to recovery of microfinance loans and engagement of recovery agents therefor by Local Area Banks (LABs) have been issued to LABs under the Reserve Bank of India (Local Area Banks - Responsible Business Conduct) Directions, 2025 . The extant instructions have since been reviewed and it has been decided to issue comprehensive instructions on conduct related matters in recovery of loan dues and engagement of recovery agencies to all LABs (hereinafter referred to collectively as “LABs” and individually as an “LAB”) under the aforesaid Directions. 2. In exercise of the powers conferred by Sections 21 and 35A of the Banking Regulation Act,1949, the Reserve Bank, being satisfied that it is necessary and expedient in public interest so to do, hereby issues the Amendment Directions hereinafter specified. 3. Short Title and Commencement (1) These Directions shall be called the Reserve Bank of India (Local Area Banks - Responsible Business Conduct) Fourth Amendment Directions, 2026. (2) These Directions shall come into effect from January 1, 2027. 4. These Amendment Directions shall modify the Reserve Bank of India (Local Area Banks - Responsible Business Conduct) Directions, 2025 as under: (1) In paragraph 4, the following definitions shall be inserted after sub-paragraph 4(24), namely: “ 4(24A) Recovery agency means an entity or individual (other than LAB’s own employees)

Data on sectoral deployment of credit by non-banking financial companies (NBFCs) for the month of May 2026, collected from major NBFCs and housing finance companies (HFCs), are set out in the Statement 1 . On a year-on-year (y-o-y) basis, NBFCs’ credit registered a growth of 14.2 per cent in May 2026 as compared to 11.4 per cent a year ago. Highlights of the sectoral deployment of credit by NBFCs for the month ended May 31, 2026 are given below: Credit growth in agriculture and allied activities recorded a robust growth of 17.9 per cent (y-o-y) in May 2026 against 5.0 per cent a year ago. Credit to industry grew by 7.3 per cent (y-o-y) in May 2026 as compared with 10.0 per cent in May 2025. Moderation in growth in industry was primarily driven by subdued growth in infrastructure, a major constituent of the segment. Credit growth in services sector moderated to 16.7 per cent (y-o-y) in May 2026 against 23.9 per cent a year ago. Among major contributors, growth (y-o-y) in credit to ‘Commercial Real Estate’ marked buoyant expansion. Retail loans contributed the most in overall credit growth by NBFCs with 19.5 per cent (y-o-y) growth in May 2026 over 14.9 per cent a year ago. Within retail loan, ‘housing loan’, ‘vehicle loan’ and ‘loans against gold jewellery’ displayed a robust growth in May 2026. Ajit Prasad Deputy General Manager (Communications) Press Release: 2026-2027/621 1 Provisional data as reported on the last day of the month. Sectoral credit data of NBFCs are based on sample of (i) NBFCs in Upper and Middle Layers and (ii) HFCs, accounting for about 87 per cent of t