The Reserve Bank of India issued the Reserve Bank of India (Commercial Banks – Miscellaneous) Directions, 2025 under Sections 26A and 35A of the Banking Regulation Act, 1949, stating that the directions come into force immediately and apply to all commercial banks except Small Finance Banks, Payment Banks, and Local Area Banks. The Directions cover banking companies, corresponding new banks, and the State Bank of India. Certain provisions carry limited applicability: paragraph 35, relating to forward contracts for underlying sale of gold, silver, or platinum, applies only to banks authorized to deal in gold; paragraph 36, concerning reporting of corporate bond transactions, applies only to Primary Dealers; and paragraph 65, requiring submission of statements of immovable property by officer employees, applies only to private sector banks. These Directions are issued in the public interest to regulate and streamline miscellaneous activities of commercial banks.
RESERVE BANK OF INDIA
RBI/DOR/2025-26/174
DOR.SOG(SPE).REC.No.93/13-04-001/2025-26 | Dated: November 28, 2025
Reserve Bank of India (Commercial Banks – Miscellaneous) Directions, 2025
In exercise of the powers conferred by Section 26A and 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 – Miscellaneous) 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’ means 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.
Provided that,
1. directions contained in paragraph 35 pertaining to entering into forward contracts for underlying sale of Gold / Silver / Platinum shall be applicable only to commercial banks authorized to deal in gold;
2. directions contained in paragraph 36 relating to reporting of corporate bond transactions shall apply on to Primary Dealers;
3. directions contained in paragraph 65 relating to obtention of statement of immovable property from officer employees shall be applicable only to Private Sector Banks.
Read Full text of the Notification: https://rbidocs.rbi.org.in/rdocs/notification/PDFs/174MD.PDF
