The Reserve Bank of India, through RBI/DoS/2026-27/221, DoS.CO.PPG.66/11.01.005/2026-27 dated 31 July 2026, has announced the repeal of specified supervisory circulars following the release of 64 Consolidated Directions administered by the Department of Supervision (DoS). These Directions consolidate all instructions issued by the DoS and the erstwhile departments whose supervisory functions have been merged into the DoS, either partly or fully. The RBI has also excluded extant instructions considered obsolete as they are no longer relevant. Accordingly, the 628 circulars listed in the Annex, comprising those whose instructions have been consolidated into the Directions as well as those that have become obsolete or redundant, stand repealed with immediate effect. The notification further provides that, notwithstanding the repeal, any action taken, purported to have been taken, or initiated under the repealed Directions, instructions, or guidelines shall continue to be governed by their respective provisions.
Reserve Bank of India
RBI/DoS/2026-27/221
DoS.CO.PPG.66/11.01.005/2026-27 | Dated: July 31, 2026
Consolidation of Supervisory Instructions – Repeal of Circulars
Please refer to the press release issued on July 31, 2026 announcing the release of 64 Consolidated Directions administered by the Department of Supervision (DoS) of the Reserve Bank of India.
2. These Directions encompass all instructions issued by DoS as well as the erstwhile Departments whose supervisory functions have been merged into DoS, either partly or fully. Further, the extant instructions considered obsolete have been excluded from the consolidated Directions as they are no longer relevant.
3. Accordingly, the 628 circulars listed in the Annex, comprising those whose instructions have been consolidated into these Directions, as well as those which have become obsolete or redundant, are hereby repealed by the Reserve Bank with immediate effect.
4. Notwithstanding such repeal, any action taken or purported to have been taken, or initiated under the repealed Directions, instructions, or guidelines shall continue to be governed by the provisions thereof.
(Monisha Chakraborty)
Chief General Manager-in-Charge
