The Reserve Bank of India (RBI) issued a revised master circular, DOR.STR.REC.9/21.04.048/2025-26, dated April 1, 2025, concerning prudential norms for income recognition, asset classification, and provisioning related to bank advances. This circular, addressed to all commercial banks excluding Regional Rural Banks (RRBs), consolidates all existing instructions and guidelines issued up to March 31, 2025. It serves as an update to the previous master circular from April 2, 2024, and incorporates all subsequent directives. The document’s purpose is to provide a comprehensive reference for banks, ensuring they adhere to the RBI’s established prudential standards. Notably, the circular does not introduce any new regulations or guidelines, but rather compiles previously issued instructions into a single, updated document, as listed in Annex 5.
RESERVE BANK OF INDIA
RBI/2025-26/13
DOR.STR.REC.9/21.04.048/2025-26 Dated: April 01, 2025
All Commercial Banks (excluding RRBs)
Madam/Dear Sir
Master Circular – Prudential norms on Income Recognition, Asset Classification and Provisioning pertaining to Advances
Please refer to the Master Circular DOR.STR.REC.8/21.04.048/2024-25 dated April 2, 2024 consolidating instructions / guidelines issued to banks till March 31, 2024 on matters relating to prudential norms on income recognition, asset classification and provisioning pertaining to advances.
2. Attached is the revised Master Circular, updated to reflect all instructions issued upto March 31, 2025 on the above matter, as listed in Annex 5. It may be noted that this Master Circular only consolidates all instructions on the above matter issued up to March 31, 2025 and does not contain any new instructions/guidelines.
Yours faithfully
(Vaibhav Chaturvedi)
Chief General Manager
Encl.: As above
