RBI released draft directions for BSBD Accounts, mandating free digital banking, ATM cards, and cheque books, and clarifying that digital payments won’t count as free withdrawals.
RBI released a draft circular to withdraw the 2016 guidelines limiting bank credit to large borrowers, effective April 1, 2026, while mandating a new risk monitoring framework.
RBI released draft directions restricting Payments Banks to only ‘Collection Accounts’ for borrowers with ₹10 crore or more in credit exposure, for better credit monitoring.
RBI released draft directions for Rural Co-operative Banks, restricting transaction accounts for borrowers with ₹10 crore or more credit exposure to two eligible banks for monitoring.
RBI released draft directions restricting UCBs on transaction accounts for borrowers with ₹10 crore or more credit exposure for effective credit monitoring.
RBI released draft directions restricting Local Area Banks’ transaction accounts for borrowers with ₹10 crore or more credit exposure to improve credit monitoring.
RBI issues draft directions for Regional Rural Banks on current, cash credit, and overdraft accounts, with exposure-based rules effective April 1, 2026.
RBI issues draft directions for Small Finance Banks on current, cash credit, and overdraft accounts, with exposure-based rules effective April 1, 2026.
RBI’s draft directions restrict banks from opening current/CC/OD accounts for borrowers with ₹10 crore+ exposure, aiming to enhance credit monitoring and curb fund misuse.
RBI issues draft FEMA 2025 rules for foreign entities setting up branch, liaison, or project offices in India, easing criteria and simplifying closure process.
