With a view to consolidate the existing regulatory instructions on the topic on an ‘as-is’ basis, the draft of Reserve Bank of India (Setting Up of Wholly Owned Subsidiaries by Foreign Banks) Guidelines, 2025 has been issued for public comments. Additional comments or any attachments may also be submitted by email at feedbackconsoldor@rbi.org.in. Last date for submission of comments is November 10, 2025. Draft Direction |