The Reserve Bank of India issued the Reserve Bank of India (Commercial Banks – Financial Statements: Presentation and Disclosures) Directions, 2025 on November 28, 2025, under the powers granted by Section 35A of the Banking Regulation Act, 1949 and other enabling provisions, stating that the Directions are necessary in the public interest. These Directions take immediate effect and prescribe the regulatory framework governing the presentation and disclosure of financial statements by commercial banks. They apply to all “commercial banks,” defined to include banking companies except Regional Rural Banks, Small Finance Banks, Payment Banks, and Local Area Banks, as well as corresponding new banks and the State Bank of India in accordance with Section 5 of the Banking Regulation Act. Chapter I outlines the short title, commencement, and applicability provisions, establishing the scope of the Directions and the categories of institutions required to comply.
RESERVE BANK OF INDIA
RBI/DOR/2025-26/167
DOR.ACC.REC.No.86/21.04.018/2025-26 | Dated: November 28, 2025
Reserve Bank of India (Commercial Banks – Financial Statements: Presentation and Disclosures) 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 – Financial Statements : Presentation and Disclosures) Directions, 2025.
2. These Directions shall come into force with immediate effect.
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 Regional Rural Banks, 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/167MD.pdf
