{"id":5241,"date":"2026-04-09T13:36:23","date_gmt":"2026-04-09T13:36:23","guid":{"rendered":"https:\/\/bhatiabhola.com\/?p=5241"},"modified":"2026-04-09T13:36:24","modified_gmt":"2026-04-09T13:36:24","slug":"rbi-circular-259-2026-dated-30-03-2026-amendments-to-rbi-small-finance-banks-credit-facilities-directions","status":"publish","type":"post","link":"https:\/\/bhatiabhola.com\/index.php\/blog\/2026\/04\/09\/rbi-circular-259-2026-dated-30-03-2026-amendments-to-rbi-small-finance-banks-credit-facilities-directions\/","title":{"rendered":"RBI Circular 259\/2026 Dated 30\/03\/2026 &#8211; Amendments to RBI Small Finance Banks Credit Facilities Directions\u00a0"},"content":{"rendered":"\n<p>The amendments redefine key terms such as collateral, capital market intermediaries (CMIs), eligible securities, loan-to-value (LTV), and margin. A new framework for loans against eligible securities prescribes LTV ceilings, valuation norms, prudential limits, and monitoring requirements. Certain loans are prohibited, including those against own securities, partly paid shares, and locked-in securities. The credit facilities to CMIs, permits specific financing activities while restricting lending for proprietary trading unless fully secured. All such exposures are to be treated as capital market exposure (CME).<\/p>\n\n\n\n<p><a href=\"https:\/\/rbidocs.rbi.org.in\/rdocs\/Notification\/PDFs\/259NTBC656D7F5053492E8F1C274EDE3DC6A7.PDF\"><em>(Link:&nbsp;RBI Circular&nbsp;259\/2026 Dated 30\/03\/2026)<\/em><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The amendments redefine key terms such as collateral, capital market intermediaries (CMIs), eligible securities, loan-to-value (LTV), and margin. A new [&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":[72,77],"tags":[],"class_list":["post-5241","post","type-post","status-publish","format-standard","hentry","category-rbi","category-circulars-rbi"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.2 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>RBI Circular 259\/2026 Dated 30\/03\/2026 - Amendments to RBI Small Finance Banks Credit Facilities 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\/2026\/04\/09\/rbi-circular-259-2026-dated-30-03-2026-amendments-to-rbi-small-finance-banks-credit-facilities-directions\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"RBI Circular 259\/2026 Dated 30\/03\/2026 - Amendments to RBI Small Finance Banks Credit Facilities Directions\u00a0 - Bhatia Bhola &amp; Associates LLP\" \/>\n<meta property=\"og:description\" content=\"The amendments redefine key terms such as collateral, capital market intermediaries (CMIs), eligible securities, loan-to-value (LTV), and margin. A new [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/bhatiabhola.com\/index.php\/blog\/2026\/04\/09\/rbi-circular-259-2026-dated-30-03-2026-amendments-to-rbi-small-finance-banks-credit-facilities-directions\/\" \/>\n<meta property=\"og:site_name\" content=\"Bhatia Bhola &amp; Associates LLP\" \/>\n<meta property=\"article:published_time\" content=\"2026-04-09T13:36:23+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2026-04-09T13:36:24+00:00\" \/>\n<meta name=\"author\" content=\"Yash Bhola\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Yash Bhola\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/bhatiabhola.com\/index.php\/blog\/2026\/04\/09\/rbi-circular-259-2026-dated-30-03-2026-amendments-to-rbi-small-finance-banks-credit-facilities-directions\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/bhatiabhola.com\/index.php\/blog\/2026\/04\/09\/rbi-circular-259-2026-dated-30-03-2026-amendments-to-rbi-small-finance-banks-credit-facilities-directions\/\"},\"author\":{\"name\":\"Yash Bhola\",\"@id\":\"https:\/\/bhatiabhola.com\/#\/schema\/person\/5c941d1613f06d46d7c656c473e8249c\"},\"headline\":\"RBI Circular 259\/2026 Dated 30\/03\/2026 &#8211; Amendments to RBI Small Finance Banks Credit Facilities Directions\u00a0\",\"datePublished\":\"2026-04-09T13:36:23+00:00\",\"dateModified\":\"2026-04-09T13:36:24+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/bhatiabhola.com\/index.php\/blog\/2026\/04\/09\/rbi-circular-259-2026-dated-30-03-2026-amendments-to-rbi-small-finance-banks-credit-facilities-directions\/\"},\"wordCount\":100,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/bhatiabhola.com\/#organization\"},\"articleSection\":[\"RBI\",\"RBI Circulars\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/bhatiabhola.com\/index.php\/blog\/2026\/04\/09\/rbi-circular-259-2026-dated-30-03-2026-amendments-to-rbi-small-finance-banks-credit-facilities-directions\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/bhatiabhola.com\/index.php\/blog\/2026\/04\/09\/rbi-circular-259-2026-dated-30-03-2026-amendments-to-rbi-small-finance-banks-credit-facilities-directions\/\",\"url\":\"https:\/\/bhatiabhola.com\/index.php\/blog\/2026\/04\/09\/rbi-circular-259-2026-dated-30-03-2026-amendments-to-rbi-small-finance-banks-credit-facilities-directions\/\",\"name\":\"RBI Circular 259\/2026 Dated 30\/03\/2026 - Amendments to RBI Small Finance Banks Credit Facilities Directions\u00a0 - Bhatia Bhola &amp; Associates LLP\",\"isPartOf\":{\"@id\":\"https:\/\/bhatiabhola.com\/#website\"},\"datePublished\":\"2026-04-09T13:36:23+00:00\",\"dateModified\":\"2026-04-09T13:36:24+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/bhatiabhola.com\/index.php\/blog\/2026\/04\/09\/rbi-circular-259-2026-dated-30-03-2026-amendments-to-rbi-small-finance-banks-credit-facilities-directions\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/bhatiabhola.com\/index.php\/blog\/2026\/04\/09\/rbi-circular-259-2026-dated-30-03-2026-amendments-to-rbi-small-finance-banks-credit-facilities-directions\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/bhatiabhola.com\/index.php\/blog\/2026\/04\/09\/rbi-circular-259-2026-dated-30-03-2026-amendments-to-rbi-small-finance-banks-credit-facilities-directions\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/bhatiabhola.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"RBI Circular 259\/2026 Dated 30\/03\/2026 &#8211; Amendments to RBI Small Finance Banks Credit Facilities Directions\u00a0\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/bhatiabhola.com\/#website\",\"url\":\"https:\/\/bhatiabhola.com\/\",\"name\":\"Bhatia Bhola & Associates LLP\",\"description\":\"\",\"publisher\":{\"@id\":\"https:\/\/bhatiabhola.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/bhatiabhola.com\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/bhatiabhola.com\/#organization\",\"name\":\"Bhatia Bhola & Associates LLP\",\"url\":\"https:\/\/bhatiabhola.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/bhatiabhola.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/bhatiabhola.com\/wp-content\/uploads\/2025\/04\/cropped-cropped-Screenshot-2025-04-29-at-7.15.27\u202fAM.png\",\"contentUrl\":\"https:\/\/bhatiabhola.com\/wp-content\/uploads\/2025\/04\/cropped-cropped-Screenshot-2025-04-29-at-7.15.27\u202fAM.png\",\"width\":1709,\"height\":376,\"caption\":\"Bhatia Bhola & Associates LLP\"},\"image\":{\"@id\":\"https:\/\/bhatiabhola.com\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/bhatiabhola.com\/#\/schema\/person\/5c941d1613f06d46d7c656c473e8249c\",\"name\":\"Yash Bhola\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/bhatiabhola.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/aead41d7b2f010c8a719d781a6360aab0ad14fcb72ed48e049d2bbe80a30a6f8?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/aead41d7b2f010c8a719d781a6360aab0ad14fcb72ed48e049d2bbe80a30a6f8?s=96&d=mm&r=g\",\"caption\":\"Yash Bhola\"},\"url\":\"https:\/\/bhatiabhola.com\/index.php\/blog\/author\/bba_ypbhola\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"RBI Circular 259\/2026 Dated 30\/03\/2026 - Amendments to RBI Small Finance Banks Credit Facilities Directions\u00a0 - Bhatia Bhola &amp; Associates LLP","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/bhatiabhola.com\/index.php\/blog\/2026\/04\/09\/rbi-circular-259-2026-dated-30-03-2026-amendments-to-rbi-small-finance-banks-credit-facilities-directions\/","og_locale":"en_US","og_type":"article","og_title":"RBI Circular 259\/2026 Dated 30\/03\/2026 - Amendments to RBI Small Finance Banks Credit Facilities Directions\u00a0 - Bhatia Bhola &amp; Associates LLP","og_description":"The amendments redefine key terms such as collateral, capital market intermediaries (CMIs), eligible securities, loan-to-value (LTV), and margin. A new [&hellip;]","og_url":"https:\/\/bhatiabhola.com\/index.php\/blog\/2026\/04\/09\/rbi-circular-259-2026-dated-30-03-2026-amendments-to-rbi-small-finance-banks-credit-facilities-directions\/","og_site_name":"Bhatia Bhola &amp; Associates LLP","article_published_time":"2026-04-09T13:36:23+00:00","article_modified_time":"2026-04-09T13:36:24+00:00","author":"Yash Bhola","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Yash Bhola","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/bhatiabhola.com\/index.php\/blog\/2026\/04\/09\/rbi-circular-259-2026-dated-30-03-2026-amendments-to-rbi-small-finance-banks-credit-facilities-directions\/#article","isPartOf":{"@id":"https:\/\/bhatiabhola.com\/index.php\/blog\/2026\/04\/09\/rbi-circular-259-2026-dated-30-03-2026-amendments-to-rbi-small-finance-banks-credit-facilities-directions\/"},"author":{"name":"Yash Bhola","@id":"https:\/\/bhatiabhola.com\/#\/schema\/person\/5c941d1613f06d46d7c656c473e8249c"},"headline":"RBI Circular 259\/2026 Dated 30\/03\/2026 &#8211; Amendments to RBI Small Finance Banks Credit Facilities Directions\u00a0","datePublished":"2026-04-09T13:36:23+00:00","dateModified":"2026-04-09T13:36:24+00:00","mainEntityOfPage":{"@id":"https:\/\/bhatiabhola.com\/index.php\/blog\/2026\/04\/09\/rbi-circular-259-2026-dated-30-03-2026-amendments-to-rbi-small-finance-banks-credit-facilities-directions\/"},"wordCount":100,"commentCount":0,"publisher":{"@id":"https:\/\/bhatiabhola.com\/#organization"},"articleSection":["RBI","RBI Circulars"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/bhatiabhola.com\/index.php\/blog\/2026\/04\/09\/rbi-circular-259-2026-dated-30-03-2026-amendments-to-rbi-small-finance-banks-credit-facilities-directions\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/bhatiabhola.com\/index.php\/blog\/2026\/04\/09\/rbi-circular-259-2026-dated-30-03-2026-amendments-to-rbi-small-finance-banks-credit-facilities-directions\/","url":"https:\/\/bhatiabhola.com\/index.php\/blog\/2026\/04\/09\/rbi-circular-259-2026-dated-30-03-2026-amendments-to-rbi-small-finance-banks-credit-facilities-directions\/","name":"RBI Circular 259\/2026 Dated 30\/03\/2026 - Amendments to RBI Small Finance Banks Credit Facilities Directions\u00a0 - Bhatia Bhola &amp; Associates LLP","isPartOf":{"@id":"https:\/\/bhatiabhola.com\/#website"},"datePublished":"2026-04-09T13:36:23+00:00","dateModified":"2026-04-09T13:36:24+00:00","breadcrumb":{"@id":"https:\/\/bhatiabhola.com\/index.php\/blog\/2026\/04\/09\/rbi-circular-259-2026-dated-30-03-2026-amendments-to-rbi-small-finance-banks-credit-facilities-directions\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/bhatiabhola.com\/index.php\/blog\/2026\/04\/09\/rbi-circular-259-2026-dated-30-03-2026-amendments-to-rbi-small-finance-banks-credit-facilities-directions\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/bhatiabhola.com\/index.php\/blog\/2026\/04\/09\/rbi-circular-259-2026-dated-30-03-2026-amendments-to-rbi-small-finance-banks-credit-facilities-directions\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/bhatiabhola.com\/"},{"@type":"ListItem","position":2,"name":"RBI Circular 259\/2026 Dated 30\/03\/2026 &#8211; Amendments to RBI Small Finance Banks Credit Facilities Directions\u00a0"}]},{"@type":"WebSite","@id":"https:\/\/bhatiabhola.com\/#website","url":"https:\/\/bhatiabhola.com\/","name":"Bhatia Bhola & Associates LLP","description":"","publisher":{"@id":"https:\/\/bhatiabhola.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/bhatiabhola.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/bhatiabhola.com\/#organization","name":"Bhatia Bhola & Associates LLP","url":"https:\/\/bhatiabhola.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/bhatiabhola.com\/#\/schema\/logo\/image\/","url":"https:\/\/bhatiabhola.com\/wp-content\/uploads\/2025\/04\/cropped-cropped-Screenshot-2025-04-29-at-7.15.27\u202fAM.png","contentUrl":"https:\/\/bhatiabhola.com\/wp-content\/uploads\/2025\/04\/cropped-cropped-Screenshot-2025-04-29-at-7.15.27\u202fAM.png","width":1709,"height":376,"caption":"Bhatia Bhola & Associates LLP"},"image":{"@id":"https:\/\/bhatiabhola.com\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/bhatiabhola.com\/#\/schema\/person\/5c941d1613f06d46d7c656c473e8249c","name":"Yash Bhola","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/bhatiabhola.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/aead41d7b2f010c8a719d781a6360aab0ad14fcb72ed48e049d2bbe80a30a6f8?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/aead41d7b2f010c8a719d781a6360aab0ad14fcb72ed48e049d2bbe80a30a6f8?s=96&d=mm&r=g","caption":"Yash Bhola"},"url":"https:\/\/bhatiabhola.com\/index.php\/blog\/author\/bba_ypbhola\/"}]}},"jetpack_publicize_connections":[],"_links":{"self":[{"href":"https:\/\/bhatiabhola.com\/index.php\/wp-json\/wp\/v2\/posts\/5241","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bhatiabhola.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bhatiabhola.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bhatiabhola.com\/index.php\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/bhatiabhola.com\/index.php\/wp-json\/wp\/v2\/comments?post=5241"}],"version-history":[{"count":1,"href":"https:\/\/bhatiabhola.com\/index.php\/wp-json\/wp\/v2\/posts\/5241\/revisions"}],"predecessor-version":[{"id":5242,"href":"https:\/\/bhatiabhola.com\/index.php\/wp-json\/wp\/v2\/posts\/5241\/revisions\/5242"}],"wp:attachment":[{"href":"https:\/\/bhatiabhola.com\/index.php\/wp-json\/wp\/v2\/media?parent=5241"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bhatiabhola.com\/index.php\/wp-json\/wp\/v2\/categories?post=5241"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bhatiabhola.com\/index.php\/wp-json\/wp\/v2\/tags?post=5241"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}