RBI allows NBFCs, including gold loan companies, to open branches without prior approval

The Reserve Bank of India has decided to allow non-banking financial companies (NBFCs), including gold loan companies and microfinance institutions, to open branches without its prior approval in a b… This move is to facilitate ease of doing business while ensuring necessary regulatory compliance, going by the Reserve Bank of India (Non-Banking Financial Companies – Branch Authorisation) Amendment Directions, 2026