{"id":3648,"date":"2025-12-15T02:00:42","date_gmt":"2025-12-15T02:00:42","guid":{"rendered":"https:\/\/bhatiabhola.com\/?p=3648"},"modified":"2025-12-15T02:00:43","modified_gmt":"2025-12-15T02:00:43","slug":"rbi-notification-136-2025-dated-05-12-2025-amendment-to-rbi-small-finance-banks-undertaking-of-financial-services-directions","status":"publish","type":"post","link":"https:\/\/bhatiabhola.com\/index.php\/blog\/2025\/12\/15\/rbi-notification-136-2025-dated-05-12-2025-amendment-to-rbi-small-finance-banks-undertaking-of-financial-services-directions\/","title":{"rendered":"RBI Notification 136\/2025 Dated 05\/12\/2025 &#8211; Amendment to RBI Small Finance Banks- Undertaking of Financial Services Directions\u00a0"},"content":{"rendered":"\n<p>The amendment specify that banks can act as agents for regulated third-party products but cannot handle referral processes directly. It clarifies that certain financial services, such as mutual funds, insurance, pension fund management, investment advisory, portfolio management, and broking, must be undertaken through a group entity under a Non-Operating Financial Holding Company (NOFHC), not departmentally. It also revises equity investment limits for banks, including individual and aggregate investment caps, investment conditions, and reporting requirements.<\/p>\n\n\n\n<p><a href=\"https:\/\/rbidocs.rbi.org.in\/rdocs\/Notification\/PDFs\/NT13623280CA12AE34171AAA19FB57F15FE83.PDF\"><em>(Link: RBI Notification 136\/2025 Dated 05\/12\/2025)<\/em><\/a><em><\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The amendment specify that banks can act as agents for regulated third-party products but cannot handle referral processes directly. It [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"enabled":false},"version":2}},"categories":[72,76],"tags":[],"class_list":["post-3648","post","type-post","status-publish","format-standard","hentry","category-rbi","category-notifications-rbi"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.2 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>RBI Notification 136\/2025 Dated 05\/12\/2025 - Amendment to RBI Small Finance Banks- Undertaking of Financial Services Directions\u00a0 - Bhatia Bhola &amp; Associates LLP<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/bhatiabhola.com\/index.php\/blog\/2025\/12\/15\/rbi-notification-136-2025-dated-05-12-2025-amendment-to-rbi-small-finance-banks-undertaking-of-financial-services-directions\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"RBI Notification 136\/2025 Dated 05\/12\/2025 - Amendment to RBI Small Finance Banks- Undertaking of Financial Services Directions\u00a0 - Bhatia Bhola &amp; Associates LLP\" \/>\n<meta property=\"og:description\" content=\"The amendment specify that banks can act as agents for regulated third-party products but cannot handle referral processes directly. 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