The Reserve Bank of India issued the Reserve Bank of India (Commercial Banks – Asset Liability Management) Directions, 2025 under the powers granted by Section 35A of the Banking Regulation Act, 1949 and other enabling provisions, stating that the Directions are necessary and expedient in the public interest. The Directions take effect immediately from the date of issue, November 28, 2025, and apply to all commercial banks. For this purpose, “commercial banks” include banking companies except Small Finance Banks, Payment Banks, and Local Area Banks, as well as corresponding new banks and the State Bank of India, as defined under specific clauses of Section 5 of the Banking Regulation Act. The Directions provide the regulatory framework governing asset liability management for these institutions, outlining the scope, applicability, and commencement under Chapter I – Preliminary.
RESERVE BANK OF INDIA
RBI/DOR/2025-26/163
DOR.LRG.No.82/13-10-001/2025-26 | Dated: November 28, 2025
Reserve Bank of India (Commercial Banks – Asset Liability Management) Directions, 2025
In exercise of the powers conferred by Section 35A of the Banking Regulation Act, 1949, and all other provisions / laws enabling the Reserve Bank of India (‘RBI’) in this regard, RBI being satisfied that it is necessary and expedient in the public interest so to do, hereby, issues the Directions hereinafter specified.
Chapter I – Preliminary
A. Short Title and Commencement
1. These Directions shall be called the Reserve Bank of India (Commercial Banks – Asset Liability Management) Directions, 2025.
2. These Directions shall come into effect from the date of issue.
B. Applicability
3. These Directions shall be applicable to Commercial Banks (hereinafter collectively referred to as ‘banks’ and individually as a ‘bank’).
For the purpose of these Directions, ‘Commercial Banks’ mean banking companies (other than Small Finance Banks, Payment Banks, and Local Area Banks), corresponding new banks, and the State Bank of India, as defined respectively under clauses (c), (da), and (nc) of Section 5 of the Banking Regulation Act, 1949.
Read Full text of the Notification: https://rbidocs.rbi.org.in/rdocs/notification/PDFs/163MD.pdf
