Reserve Bank of India’s Draft Directions Governing Acquisition Finance by Commercial Banks: A Paradigm Shift in India’s Capital Market Regulatory Framework
I. Introduction The Reserve Bank of India (RBI) released the Draft Reserve Bank of India (Commercial Banks – Capital Market Exposure) Directions, 2025 on October 24, 2025, representing a watershed moment in India’s acquisition financing landscape [1]. This follows the RBI Governor’s announcement on October 1, 2025, in the Statement on Developmental and Regulatory Policies, […]




