RBI Issues Draft Amendment Directions for instructions on ‘Lending to Real Estate Investment Trusts (REITs) and Infrastructure Investment Trusts (InvITs)’

प्रेस प्रकाशनी PRESS RELEASE भारतीय �रज़वर् बैंक RESERVE BANK OF INDIA वेबसाइट : www.rbi.org.in/hindi संचार िवभाग, केंद्रीय कायार्लय, शहीद भगत िसंह मागर्, फोटर्, मुंबई - 400 001

Website : www.rbi.org.in Department of Communication, Central Office, Shahid Bhagat Singh Marg, Fort, ई-मेल/email : helpdoc@rbi.org.in Mumbai - 400 001 फोन/Phone: 022 - 2266 0502 February 13, 2026 RBI Issues Draft Amendment Directions for instructions on ‘Lending to Real Estate Investment Trusts (REITs) and Infrastructure Investment Trusts (InvITs)’ In pursuance of the announcement made in the Statement on Developmental and Regulatory Policies dated February 6, 2026, the Reserve Bank of India has today

issued the following draft Amendment Directions for public comments: i) Reserve Bank of India (Commercial Banks – Credit Facilities) Second Amendment Directions, 2026 - Draft for Comments ii) Reserve Bank of India (Commercial Banks – Concentration Risk Management) Second Amendment Directions, 2026 - Draft for Comments iii) Reserve Bank of India (Commercial Banks – Financial Statements: Presentation and Disclosures) Fourth Amendment Directions, 2026 - Draft for Comments iv) Reserve Bank of India (Small Finance Banks – Credit Facilities) Second Amendment Directions, 2026 - Draft for Comments v) Reserve Bank of India (All India Financial Institutions – Credit Facilities) Amendment Directions, 2026 - Draft for Comments

2. The above draft Amendment Directions propose to permit commercial banks to extend finance to REITs, subject to appropriate prudential safeguards including regulatory ceiling for exposure to REITs. The existing guidelines in respect of lending to InvITs (applicable to commercial banks, small finance banks and All India Financial Institutions) are also proposed to be harmonised for parity with prudential safeguards proposed for lending to REITs considering the similarity in organisational structure and risks.

3. The comments / feedback on the draft Amendment Directions may be submitted by the regulated entities and other stakeholders / members of public on or before March 6, 2026 through the following channels:

i) The ‘Connect 2 Regulate’ section on the website by following the corresponding hyperlink provided against each document in the page where they are hosted; or ii) by email with the subject line ‘Feedback on (full name of the draft Amendment Directions (including the type of Regulated Entity))’.

(Brij Raj)

Press Release: 2025-2026/2115 Chief General Manager