The Reserve Bank of India (RBI) issued a revised Master Circular to all Primary (Urban) Co-operative Banks (UCBs), consolidating existing guidelines on income recognition, asset classification, and provisioning for advances. This circular, effective April 1, 2025, reflects all instructions issued up to March 31, 2025, as listed in Annex 9. It serves as an updated reference document, without introducing any new regulatory changes. Banks are directed to refer to this consolidated information for compliance.
Reserve Bank of India
RBI/2025-26/14
DOR.STR.REC.10/21.04.048/2025-26 Dated: April 01, 2025
The Chief Executive Officers
All Primary (Urban) Co-operative Banks
Madam / Dear Sir,
Master Circular – Income Recognition, Asset Classification, Provisioning and Other Related Matters – UCBs
Please refer to our Master Circular DOR.STR.REC.9/21.04.048/2024-25 dated April 02, 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 9. 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
