The Reserve Bank of India (RBI) on March 10, 2026, notified the Reserve Bank of India (Mortgage Guarantee Companies) Amendment Directions, 2026 to amend the Reserve Bank of India (Mortgage Guarantee Companies) Directions, 2025.
The following has been stated: -
•The Reserve Bank of India issued the Mortgage Guarantee Companies Amendment Directions, 2026, to modify the 2025 Master Directions.
•The amendment clarifies the components included in “Owned Fund”, including paid-up equity, free reserves, contingency reserves, and eligible quarterly profits.
Quarterly profits can be counted in owned funds only after audit/limited review and adjustment for average dividends.
•The directions also clarify that Tier-1 capital for credit and investment norms will be based on the latest audited or reviewed financial statements, and the amendments take effect immediately.
The detailed notification is given in the document below.
[Notification No.: RBI/2025-26/230 DOR.CAP.REC.No.420/21.01.002/2025-26]
