RBI/DOR/2025-26/363 | DOR.ORG.REC.No.282/21-04-158/2025-26Date: November 28, 2025 The Reserve Bank of India (RBI) has issued the Non-Banking Financial Companies (Managing Risks in Outsourcing) Directions, 2025, marking a significant regulatory milestone for NBFCs operating in India. These Directions comprehensively redefine how NBFCs must govern, monitor, and manage risks arising from outsourcing of financial services and IT functions,...