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.
The Ministry of MSME mandates that all new delayed payment cases under the MSMED Act must be filed on the new MSME ODR Portal starting October 15, 2025, replacing the Samadhaan portal.
IBBI suspended a registered valuer for six months after finding inconsistent reasons for excluding an asset from a liquidation valuation report, citing a lack of professional judgment.
RBI releases draft directions for Transaction Accounts across all bank types, BSBD Accounts, and a circular to repeal the guidelines for large borrower credit supply.
RBI announced new policies including the shift to the ECL framework for banks, a risk-based deposit insurance premium, relaxed forex rules, and measures to promote the INR internationally.
