Reserve Bank of India has issued draft, harmonised guidelines proposing a principle-based framework for providing regulatory relief to borrowers affected by natural calamities and certain external events, applicable uniformly across banks, co-operative banks, NBFCs and All-India Financial Institutions. The framework allows regulated entities discretion to design and implement resolution plans, guided by decisions of State Level Bankers’ Committees or District Consultative Committees. Relief is available for exposures classified as ‘Standard’ and in default for not more than 30 days (SMA-0) on the date of the calamity. A time-bound mechanism mandates invocation within 45 days and implementation within 90 days, with limited extensions. Restructured accounts may retain ‘Standard’ classification, enjoy accrual-based income recognition, and attract a reduced additional provisioning of 5%. The draft also requires continuity of banking services in affected areas, permits ancillary reliefs such as moratoria and fee waivers, and seeks public comments by 17 February 2026, with the framework proposed to take effect from 1 April 2026.
Reserve Bank of India
January 27, 2026
Relief Measures in areas affected by Natural Calamities
Relief Measures in areas affected by Natural Calamities Reserve Bank had announced, as part of the Statement on Developmental and Regulatory Policies dated June 08, 2023, to issue guidelines rationalising the extant prudential norms for implementation of resolution plans in respect of exposures affected by natural calamities, inter alia harmonising the regulatory instructions applicable to different Regulated Entities (REs). Based on a comprehensive review of the existing regulatory instructions, including the scope, coverage and prudential requirements, the following draft Directions are being issued for public comments.
i) Commercial Banks – Relief Measures in areas affected by Natural Calamities
ii) Small Finance Banks – Relief Measures in areas affected by Natural Calamities
iii) Local Area Banks – Relief Measures in areas affected by Natural Calamities
iv) Urban Co-operative Banks – Relief Measures in areas affected by Natural Calamities
v) Regional Rural Banks – Relief Measures in areas affected by Natural Calamities
vi) Rural Co-operative Banks – Relief Measures in areas affected by Natural Calamities vii) Non-Banking Financial Companies – Relief Measures in areas affected by Natural Calamities
viii) All India Financial Institutions – Relief Measures in areas affected by Natural Calamities
2. The following salient features have been incorporated in the draft guidelines:
i. The guidelines envisage a principle-based resolution regime, providing complete discretion to the RE with respect to design and implementation of resolution plan, inter alia taking into consideration the decisions of the State Level Bankers’ Committee (SLBC) / District Consultative Committee (DCC).
ii. The exposures which have been affected by the natural calamity and which are ‘Standard’ but in default up to 30 days i.e., ‘SMA-0’ on the date of occurrence of the natural calamity, shall be eligible to be considered for relief under the guidelines.
iii. To ensure timely implementation of relief measures, a dedicated window has been prescribed for invocation of the resolution framework along with a separate window for implementation of Resolution Plan (RP), post invocation.
iv. Exposures restructured as part of relief measures shall continue to be classified as ‘Standard’ with income recognition on accrual basis, with reduced additional specific provisioning vis-à-vis other restructured exposures.
v. REs shall make alternate arrangements for providing banking services in the natural calamity affected areas.
3. The guidelines will come into force from April 01, 2026.
4. The comments on the draft guidelines are invited from public / stakeholders by February 17, 2026. The comments/ feedback may be submitted through the link under the ‘Connect2Regulate’ Section available on the Reserve Bank’s website. Comments may alternatively be forwarded to The Chief General Manager, Credit Risk Group, Department of Regulation, Central Office Reserve Bank of India, 12th / 13th Floor Shahid Bhagat Singh Marg, Fort Mumbai – 400 001 or by email.
(Brij Raj)
Chief General Manager
Press Release: 2025-2026/1996
********
Page Contents
- Draft – Commercial Banks – Relief Measures in areas affected by Natural Calamities
- Draft – Local Area Banks – Relief Measures in areas affected by Natural Calamities
- Draft – Urban Co-operative Banks – Relief Measures in areas affected by Natural Calamities
- Draft – Regional Rural Banks – Relief Measures in areas affected by Natural Calamities
- Draft – Rural Co-operative Banks – Relief Measures in areas affected by Natural Calamities
- Draft – Non-Banking Financial Companies – Relief Measures in areas affected by Natural Calamities
- Draft – All India Financial Institutions – Relief Measures in areas affected by Natural Calamities
Draft – Commercial Banks – Relief Measures in areas affected by Natural Calamities
RBI/2025-26/xx
DOR.STR.REC. __./21.04.048/2025-26 | Dated: January 27, 2026
Draft – Commercial Banks – Relief Measures in areas affected by Natural Calamities
Introduction
In exercise of powers conferred by Sections 21 and 35A of the Banking Regulation Act, 1949, the Reserve Bank of India (Reserve Bank) being satisfied that it is necessary and expedient in the public interest so to do, hereby issues these guidelines hereinafter specified.
Chapter I: Preliminary
A. Short title and commencement
1. These guidelines shall be called the Commercial Banks – Relief Measures in areas affected by Natural Calamities.
2. These guidelines shall come into force with effect from April 01, 2026.
B. Applicability
3. These guidelines shall be applicable to Commercial Banks (hereinafter collectively referred to as ‘banks’ and individually as a ‘bank’).
4. These guidelines shall be applicable to resolution of exposures of borrowers impacted by a natural calamity or, mutatis mutandis, exposures of borrowers impacted by external events (such as riots / disturbances that result in loss to economic activity).
C. Definitions
5. In these guidelines, unless the context states otherwise, the terms herein shall bear the meaning assigned to them below:
(1) ‘exposure’ shall include all funded and non-funded exposures (including underwriting and similar commitments).
(2) ‘natural calamity’ shall mean an event recognised under the National Disaster Response Force (NDRF) Framework.
(3) ‘date of invocation’ shall mean the date on which the borrower and the bank agree to proceed with a resolution plan under this framework through a documented arrangement.
6. All other expressions unless defined herein shall have the same meaning as have been assigned to them under the Banking Regulation Act, 1949 or the Reserve Bank of India Act, 1934, or any statutory modification or re-enactment thereto or other regulations issued by the Reserve Bank or the Glossary of Terms published by the Reserve Bank or as used in commercial parlance, as the case may be.
Chapter II. General Instructions
D. Declaration of Natural Calamity
7. These Directions shall come into effect upon the declaration, by Central / State Governments (in accordance with the framework placed by the concerned Government for this purpose), of a natural calamity or other external event.
E. Role of State Level Bankers’ Committee (SLBC) / District Consultative Committee (DCC)
8. Upon declaration of a natural calamity, if a larger part of the State has been affected, the SLBC convenor shall convene a special SLBC meeting within 15 days of such declaration.
9. If the calamity has affected only a part of the State, the convenor of the DCC of the affected district(s) shall convene the meeting within 15 days of such declaration, after due consultation with the SLBC convenor.
10. In the special SLBC / DCC meeting, the position of the affected areas may be assessed in terms of the severity of the impact of the calamity on the economic activity. SLBC / DCC may also determine the objective criteria for identifying impacted borrowers; and the extent of moratorium period, if any.
11. The decisions taken in the special SLBC meeting(s) as mentioned at paragraph 10 above, shall be conveyed by the SLBC convenor to all SLBC members along with the minutes of the meeting, immediately. A copy of the same shall also be forwarded by the SLBC convenor to the respective Regional Office of Reserve Bank and the Non-Banking Financial Companies (NBFCs) / Urban Co-operative Banks (UCBs) operating in the area.
12. If the relief measures, as identified as paragraph 10 above, are limited to specific districts, the decision taken in the special DCC meeting(s) shall be conveyed by the DCC convenor to the DCC members and the SLBC along with the minutes of the meeting immediately. A copy of the same shall also be forwarded by the DCC convenor to the respective Regional Office of Reserve Bank and the NBFCs / UCBs operating in the area.
13. The decisions taken in the special SLBC / DCC meeting(s) shall be given adequate publicity by SLBCs / DCCs / banks through various methods such as brochures, banners, advertisement in newspapers, visits by field staff, and other suitable modes, for the benefit of affected borrowers.
14. The relief measure(s) implemented shall be reviewed periodically through a specially constituted Task Force / Sub-Committee by way of weekly/fortnightly meetings as may be decided by the SLBC / DCC.
F. Policy / Procedures for dealing with Natural Calamities
15. Credit assessments carried out by a bank shall suitably factor in the possible impact of natural calamities on borrowers who may be impacted by such events. The credit policy of the bank shall incorporate provisions for resolution as provided for under these Directions, including the objective principles for the terms of relief to be granted to various borrower / loan categories.
16. The credit policy shall specify the potential relief measures and the verifiable parameters for making such determination.
17. The credit policy shall also lay down the delegation matrix for deciding and implementing relief measures (if any), including for restructuring, sanction of additional finance etc., with focus on the timely implementation of relief measures.
18. In case of other external events, upon declaration of such events by the Government concerned, SLBC / DCC shall adopt similar procedure as stated above, for providing relief to the affected borrowers.
G. Eligibility & Coverage
19. Only those borrowers shall be eligible for resolution under these guidelines whose accounts are classified as ‘Standard’, and also not in default for more than 30 days with a bank in respect of any of their facilities, as on the date of occurrence of the natural calamity.
20. Borrowers, whose loan accounts do not fulfil the required eligibility conditions for resolution under these guidelines may continue to be considered for resolution under the Reserve Bank of India (Commercial Banks – Resolution of Stressed Assets) Directions, 2025 dated November 28, 2025.
21. The provisions of these Directions shall not apply to the refinance portfolio of a bank.
Chapter III: Resolution Plan
22. The resolution plan to be implemented by a bank, conforming to these Directions, may include rescheduling of payments; conversion of any interest accrued or to be accrued into another credit facility; granting of moratorium etc. based on an assessment of the viability prospects of the borrower.
23. The resolution plan may also include proposal for sanctioning of additional finance to address the financial stress of the borrower, subject to due assessment of the viability prospects of the borrower.
24. Resolution under these guidelines shall be invoked no later than 45 days from the date of the declaration of natural calamity and shall be implemented within 90 days from the date of the invocation.
25. In exceptional cases, where it is not possible to complete the invocation formalities within the above period of 45 days, the SLBC / DCC convenor may approach the respective Regional Director / Officer-in-Charge of Reserve Bank for a one-time extension of 30 days for invocation. The request shall detail the reasons for not completing the exercise within the stipulated timeframe. Such requests may be considered by the Regional Director / Officer-in-Charge of Reserve Bank based on the merits of each case.
Chapter IV: Asset Classification
26. If a resolution plan is implemented in adherence to the provisions of these Directions, borrower accounts which are classified as ‘Standard’ may be retained as such upon implementation. Borrower accounts which may have slipped into non-performing asset (NPA) between the date of occurrence of the natural calamity and implementation of the resolution plan, shall be upgraded as ‘Standard’, upon implementation of the resolution plan.
27. After implementation of the resolution plan in terms of these Directions, the subsequent asset classification shall be governed by the criteria laid out in the Reserve Bank of India (Commercial Banks – Income Recognition, Asset Classification and Provisioning) Directions, dated November 28, 2025.
Chapter V: Income recognition and Provisioning
28. Interest income recognition in respect of such borrower accounts shall be on accrual basis. However, a bank shall make an additional specific provision of five percent of the outstanding debt against such borrower accounts. The additional specific provisions shall be over and above the applicable prudential provisions subject to a ceiling of hundred per cent.
Chapter VI: Repeated restructuring
29. Accounts which are restructured under paragraph 22, where a subsequent restructuring is necessitated under these Directions before reversal of additional specific provisions as specified at paragraphs 30 and 31, shall continue to be classified as ‘Standard’, subject to the following conditions:
(1) Interest income shall be recognized on cash basis from the second restructuring onwards.
(2) Additional specific provisioning of five per cent on the outstanding debt shall be made for each instance of restructuring made under this framework. This provisioning shall be over and above the applicable prudential provisions subject to a ceiling of hundred per cent.
Chapter VII: Reversal of Provisions
30. The additional specific provisions so maintained upon restructuring may be written back upon the borrower paying at least 20% of the outstanding debt with the RE, without slipping into NPA post implementation of the restructuring, and without being subjected to another restructuring.
31. If the outstanding debt post-restructuring is only in the form of non-fund-based facilities or facilities in the nature of cash credit / overdraft, the additional provisions can be reversed after one year, post implementation of the restructuring, provided the borrower was not in default at any point of time during the period concerned.
Chapter VIII: Ancillary Measures
32. While restructuring various types of loans in an area affected by a natural calamity, banks may also take into account the insurance proceeds, if any, receivable from insurance companies in respect of those loans. The insurance proceeds upon receipt shall be adjusted towards the ‘restructured accounts’ in cases where fresh loans have been granted to the borrower. However, a bank may consider restructuring and sanctioning fresh loans without waiting for the actual receipt of the claim.
33. Interest Subvention / Prompt Repayment Incentive benefits as notified by the Government from time to time shall be made available to the eligible categories of borrowers without any exception.
34. While extending the relief measures under these guidelines, a bank shall ensure that the relief measures already provided / being provided by GoI / States are duly factored in.
35. For agricultural loans, where land is taken as security, certificate issued by the Revenue Department officials, in the absence of original title record, shall be accepted for financing to farmers who have lost proof of their title such as title deed or registration certificate issued to registered share-croppers. In the areas covered by the Sixth Schedule of the Constitution, whereby the land is owned by the community, certificate issued by community authorities shall be accepted.
36. Persons displaced or adversely affected by a natural calamity may not have access to their identification and personal records. In such cases, small accounts as stipulated in the Reserve Bank of India (Commercial Banks – Know Your Customer) Directions, 2025, may be opened by banks.
37. A bank may operate their natural calamity affected branches from temporary premises under advice to the concerned Regional Office of RBI. For continuing the temporary premise beyond 30 days, banks may obtain specific approval from the concerned Regional Office of RBI. A bank shall also make arrangements to render banking services in the affected areas by setting up satellite offices, extension counters or mobile banking facilities etc. under intimation to Reserve Bank.
38. A bank shall take immediate action for restoration of ATM services at the earliest. During the period, it shall provide alternative arrangements to address the immediate cash requirements of the affected areas.
39. A bank at its discretion, may provide further relief measures such as waiver/reduction of various fees and charges in respect of customers in the affected areas, for a period not exceeding one year.
Chapter IX: Reporting Requirements
40. The SLBC convenor shall upload the notification(s) issued by State/District Authorities on declaration of a natural calamity or external event for which relief measures were implemented by SLBC / banks, on the CIMS portal, within 15 days of the special SLBC/DCC convened for extending relief measures.
41. Banks shall upload the data on relief measures as per the format given in Annex on a half-yearly basis within 30 days from the end of the half-year (September 30th and March 31st of every year) on the CIMS portal.
42. In case no relief measures are extended, a ‘NIL’ statement shall be uploaded by the bank.
Chapter X: Repealed Circulars/Provisions
43. The following circulars/provisions shall stand repealed with the issuance of this Framework:
| Sl. No |
Circular Number | Date of Issue |
Subject |
| 1. | Master Direction FIDD.CO.FSD.BC No.9/05.10.001/2018-19 | 17- 10-2018 | Master Direction – Reserve Bank of India (Relief Measures by Banks in Areas affected by Natural Calamities) Directions 2018 – SCBs |
Annex
Data Reporting Format |
|||||||||||||||||
Type of Regulated Entity (RE) |
|||||||||||||||||
Data on Relief measures extended by REs on account of natural calamities- OVERALL |
|||||||||||||||||
For Half Year ended _____ |
Return has to be submitted in Actuals only |
||||||||||||||||
Sl.
|
Name of
|
Name of the District |
Date of
|
Type of
|
Date (s) of
|
Sector |
Outstanding
|
Credit facilities
|
% achievement of
|
Out of 9 & 10, Credit
|
Additional/fresh
|
Remarks
|
|||||
No. of A/cs |
Amt. |
No. of A/cs |
Amt. |
No. of A/cs (9/7) |
Amt. (10/8) |
No. of A/cs |
Amt. |
No. of A/cs |
Amt. |
||||||||
1 |
2 |
3 |
4 |
5 |
6 |
7 |
8 |
9 |
10 |
11 |
12 |
13 |
14 |
15 |
16 |
17 |
|
1 |
State Name(Drop down from CISBI master) |
District
|
Date |
(Type to be selected dropdown) |
from Date |
(Sector will
|
J9/H9 |
K9/I9 |
Text Data |
||||||||
* District to be specified if the
decision to extend relief measures
is by DCC
*******
Draft – Local Area Banks – Relief Measures in areas affected by Natural Calamities
RBI/2025-26/xx
DOR.STR.REC. __./21.04.048/2025-26 | Dated: January 27, 2026
Draft – Local Area Banks – Relief Measures in areas affected by Natural Calamities
Introduction
In exercise of powers conferred by Sections 21 and 35 A, of the Banking Regulation Act, 1949, the Reserve Bank of India (Reserve Bank) being satisfied that it is necessary and expedient in the public interest so to do, hereby issues these guidelines hereinafter specified.
Chapter I: Preliminary
A. Short title and commencement
1. These guidelines shall be called the Local Area Banks – Relief Measures in areas affected by Natural Calamities.
2. These guidelines shall come into force with effect from April 01, 2026.
B. Applicability
3. These guidelines shall be applicable to Local Area Banks (hereinafter collectively referred to as ‘banks’ and individually as a ‘bank’).
4. These guidelines shall be applicable to resolution of exposures of borrowers impacted by a natural calamity or, mutatis mutandis, exposures of borrowers impacted by external events (such as riots/ disturbances that result in loss to economic activity).
5. For the purpose of resolution under these Directions, banks shall be guided by the principles enshrined in Reserve Bank of India (Commercial Banks – Resolution of Stressed Assets) Directions, 2025 dated November 28, 2025.
C. Definitions
6. In these guidelines, unless the context states otherwise, the terms herein shall bear the meaning assigned to them below:
(1) ‘exposure’ shall include all funded and non-funded exposures (including underwriting and similar commitments).
(2) ‘natural calamity’ shall mean an event recognised under the National Disaster Response Force (NDRF) Framework.
(3) ‘date of invocation’ shall mean the date on which the borrower and the bank agree to proceed with a resolution plan under this framework through a documented arrangement.
7. All other expressions unless defined herein shall have the same meaning as have been assigned to them under the Banking Regulation Act, 1949 or the Reserve Bank of India Act, 1934, or any statutory modification or re-enactment thereto or other regulations issued by the Reserve Bank or the Glossary of Terms published by the Reserve Bank or as used in commercial parlance, as the case may be.
Chapter II. General Instructions
D. Declaration of Natural Calamity
8. These Directions shall come into effect upon the declaration, by Central / State Governments (in accordance with the framework placed by the concerned Government for this purpose), of a natural calamity or other external event.
E. Role of State Level Bankers’ Committee (SLBC) / District Consultative Committee (DCC)
9. Upon declaration of a natural calamity, if a larger part of the State has been affected, the SLBC convenor shall convene a special SLBC meeting within 15 days of such declaration.
10. If the calamity has affected only a part of the State, the convenor of the DCC of the affected district(s) shall convene the meeting within 15 days of such declaration, after due consultation with the SLBC convenor.
11. In the special SLBC / DCC meeting, the position of the affected areas may be assessed in terms of the severity of the impact of the calamity on the economic activity. SLBC / DCC may also determine the objective criteria for identifying impacted borrowers; and the extent of moratorium period, if any.
12. The decisions taken in the special SLBC meeting(s) as mentioned at paragraph 11 above shall be conveyed by the SLBC convenor to all SLBC members along with the minutes of the meeting, immediately. A copy of the same shall also be forwarded by the SLBC convenor to the respective Regional Office of Reserve Bank and the Non-Banking Financial Companies (NBFCs) / Urban Co-operative Banks (UCBs) operating in the area.
13. If the relief measures, as identified as paragraph 11 above, are limited to specific districts, the decision taken in the special DCC meeting(s) shall be conveyed the DCC convenor to the DCC members and the SLBC along with the minutes of the meeting immediately. A copy of the same shall also be forwarded the DCC convenor to the respective Regional Office of Reserve Bank and the NBFCs / UCBs operating in the area.
14. The decisions taken in the special SLBC / DCC meeting (s) shall be given adequate publicity by SLBCs / DCCs / banks through various methods such as brochures, banners, advertisement in newspapers, visits by field staff, and other suitable modes, for the benefit of affected borrowers.
15. The relief measure(s) implemented shall be reviewed periodically through a specially constituted Task Force/Sub-Committee by way of weekly / fortnightly meetings as may be decided by the SLBC / DCC.
F. Policy / Procedures for dealing with Natural Calamities
16. Credit assessments carried out by a bank shall suitably factor in the possible impact of natural calamities on borrowers who may be impacted by such events. The credit policy of the bank shall incorporate provisions for resolution as provided for under these Directions, including the objective principles for the terms of relief to be granted to various borrower / loan categories.
17. The credit policy shall specify the potential relief measures and the verifiable parameters for making such determination.
18. The credit policy shall also lay down the delegation matrix for deciding and implementing relief measures (if any), including for restructuring, sanction of additional finance etc., with focus on the timely implementation of relief measures.
19. In case of other external events, upon declaration of such events by the Government concerned, SLBC / DCC shall adopt similar procedure as stated above, for providing relief to the affected borrowers.
G. Eligibility & Coverage
20. Only those borrowers shall be eligible for resolution under these guidelines whose accounts are classified as ‘Standard’, and also not in default for more than 30 days with a bank in respect of any of their facilities, as on the date of occurrence of the natural calamity.
21. Borrowers, whose loan accounts do not fulfil the required eligibility conditions for resolution under these guidelines may continue to be considered for resolution under the Reserve Bank of India (Local Area Banks – Resolution of Stressed Assets) Directions, 2025 dated November 28, 2025.
22. The provisions of these Directions shall not apply to the refinance portfolio of a bank.
Chapter III: Resolution Plan
23. The resolution plan to be implemented by a bank, conforming to these Directions, may include rescheduling of payments; conversion of any interest accrued or to be accrued into another credit facility; granting of moratorium etc. based on an assessment of the viability prospects of the borrower.
24. The resolution plan may also include proposal for sanctioning of additional finance to address the financial stress of the borrower, subject to due assessment of the viability prospects of the borrower.
25. Resolution under these guidelines shall be invoked no later than 45 days from the date of the declaration of natural calamity and shall be implemented within 90 days from the date of the invocation.
26. In exceptional cases, where it is not possible to complete the invocation formalities within the above period of 45 days, the SLBC / DCC convenor may approach the respective Regional Director / Officer-in-Charge of Reserve Bank for a one-time extension of 30 days for invocation. The request shall detail the reasons for not completing the exercise within the stipulated timeframe. Such requests may be considered by the Regional Director / Officer-in-Charge of Reserve Bank based on the merits of each case.
Chapter IV: Asset Classification
27. If a resolution plan is implemented in adherence to the provisions of these Directions, borrower accounts which are classified as ‘Standard’ may be retained as such upon implementation. Borrower accounts which may have slipped into non-performing asset (NPA) between the date of occurrence of the natural calamity and implementation of the resolution plan, shall be upgraded as ‘Standard’, upon implementation of the resolution plan.
28. After implementation of the resolution plan in terms of these Directions, the subsequent asset classification shall be governed by the criteria laid out in the Reserve Bank of India (Local Area Banks – Income Recognition, Asset Classification and Provisioning) Directions, dated November 28, 2025.
Chapter V: Income recognition and Provisioning
29. Interest income recognition in respect of such borrower accounts shall be on accrual basis. However, a bank shall make an additional specific provision of five percent of the outstanding debt against such borrower accounts. The additional specific provisions shall be over and above the applicable prudential provisions subject to a ceiling of hundred per cent.
Chapter VI: Repeated restructuring
30. Accounts which are restructured under paragraph 23, where a subsequent restructuring is necessitated under these Directions before reversal of additional specific provisions as specified at paragraphs 31 and 32, shall continue to be classified as ‘Standard’, subject to the following conditions:
(1) Interest income shall be recognized on cash basis from the second restructuring onwards.
(2) Additional specific provisioning of five per cent on the outstanding debt shall be made for each instance of restructuring made under this framework. This provisioning shall be over and above the applicable prudential provisions subject to a ceiling of hundred per cent.
Chapter VII: Reversal of Provisions
31. The additional specific provisions so maintained upon restructuring may be written back upon the borrower paying at least 20% of the outstanding debt with the bank, without slipping into NPA post implementation of the restructuring, and without being subjected to another restructuring.
32. If the outstanding debt post-restructuring is only in the form of non-fund-based facilities or facilities in the nature of cash credit/ overdraft, the additional provisions can be reversed after one year, post implementation of the restructuring, provided the borrower was not in default at any point of time during the period concerned.
Chapter VIII: Ancillary Measures
33. While restructuring various types of loans in an area affected by a natural calamity, banks may also take into account the insurance proceeds, if any, receivable from insurance companies in respect of those loans. The insurance proceeds upon receipt shall be adjusted towards the ‘restructured accounts’ in cases where fresh loans have been granted to the borrower. However, a bank may consider restructuring and sanctioning fresh loans without waiting for the actual receipt of the claim.
34. Interest Subvention/ Prompt Repayment Incentive benefits as notified by the Government from time to time shall be made available to the eligible categories of borrowers without any exception.
35. While extending the relief measures under these guidelines, a bank shall ensure that the relief measures already provided/ being provided by GoI / States are duly factored in.
36. For agricultural loans, where land is taken as security, certificate issued by the Revenue Department officials, in the absence of original title record, shall be accepted for financing to farmers who have lost proof of their title such as title deed or registration certificate issued to registered share-croppers. In the areas covered by the Sixth Schedule of the Constitution, whereby the land is owned by the community, certificate issued by community authorities shall be accepted.
37. Persons displaced or adversely affected by a natural calamity may not have access to their identification and personal records. In such cases, small accounts as stipulated in the Reserve Bank of India (Local Area Banks – Know Your Customer) Directions, 2025, may be opened by banks.
38. A bank may operate their natural calamity affected branches from temporary premises under advice to the concerned Regional Office of RBI. For continuing the temporary premise beyond 30 days, banks may obtain specific approval from the concerned Regional Office of RBI. A bank shall also make arrangements to render banking services in the affected areas by setting up satellite offices, extension counters or mobile banking facilities etc. under intimation to Reserve Bank.
39. A bank shall take immediate action for restoration of ATM services at the earliest. During the period, it shall provide alternative arrangements to address the immediate cash requirements of the affected areas.
40. A bank at its discretion, may provide further relief measures such as waiver/reduction of various fees and charges in respect of customers in the affected areas, for a period not exceeding one year.
Chapter IX: Reporting Requirements
41. The SLBC Convener bank shall upload the notification(s) issued by State / District Authorities on declaration of a natural calamity or external event for which relief measures were implemented by SLBC / banks, on the CIMS portal, within 15 days of the special SLBC / DCC convened for extending relief measures.
42. Banks shall upload the data on relief measures as per the format given in Annex on a half-yearly basis within 30 days from the end of the half-year (September 30th and March 31st of every year) on the CIMS portal.
43. In case no relief measures are extended, a ‘NIL’ statement shall be uploaded by the bank.
Annex
Data Reporting Format |
|||||||||||||||||
Type of Regulated Entity (RE) |
|||||||||||||||||
Data on Relief measures extended by REs on account of natural calamities- OVERALL |
|||||||||||||||||
For Half Year ended _____ |
Return has to be submitted in Actuals only |
||||||||||||||||
Sl.
|
Name of
|
Name of the District |
Date of
|
Type of
|
Date (s) of
|
Sector |
Outstanding
|
Credit facilities
|
% achievement of
|
Out of 9 & 10, Credit
|
Additional/fresh
|
Remarks
|
|||||
No. of A/cs |
Amt. |
No. of A/cs |
Amt. |
No. of A/cs (9/7) |
Amt. (10/8) |
No. of A/cs |
Amt. |
No. of A/cs |
Amt. |
||||||||
1 |
2 |
3 |
4 |
5 |
6 |
7 |
8 |
9 |
10 |
11 |
12 |
13 |
14 |
15 |
16 |
17 |
|
1 |
State Name(Drop down from CISBI master) |
District
|
Date |
(Type to be selected dropdown) |
from Date |
(Sector will
|
J9/H9 |
K9/I9 |
Text Data |
||||||||
* District to be specified if the
decision to extend relief measures
is by DCC
********
Draft – Urban Co-operative Banks – Relief Measures in areas affected by Natural Calamities
RBI/2025-26/xx
DOR.STR.REC. __./21.04.048/2025-26 | Dated: January 27, 2026
Draft – Urban Co-operative Banks – Relief Measures in areas affected by Natural Calamities
Introduction
In exercise of powers conferred by Sections 21 and 35A read with Section 56, of the Banking Regulation Act, 1949, the Reserve Bank of India (Reserve Bank) being satisfied that it is necessary and expedient in the public interest so to do, hereby issues these guidelines hereinafter specified.
Chapter I: Preliminary
A. Short title and commencement
1. These guidelines shall be called the Urban Co-operative Banks – Relief Measures in areas affected by Natural Calamities.
2. These guidelines shall come into force with effect from April 01, 2026.
B. Applicability
3. These guidelines shall be applicable to Urban Co-operative Banks (hereinafter collectively referred to as ‘banks’ and individually as a ‘bank’).
4. These guidelines shall be applicable to resolution of exposures of borrowers impacted by a natural calamity or, mutatis mutandis, exposures of borrowers impacted by external events (such as riots/ disturbances that result in loss to economic activity).
5. For the purpose of resolution under these Directions, banks shall be guided by the principles enshrined in Reserve Bank of India (Commercial Banks – Resolution of Stressed Assets) Directions, 2025 dated November 28, 2025.
C. Definitions
6. In these guidelines, unless the context states otherwise, the terms herein shall bear the meaning assigned to them below:
(1) ‘exposure’ shall include all funded and non-funded exposures (including underwriting and similar commitments).
(2) ‘natural calamity’ shall mean an event recognised under the National Disaster Response Force (NDRF) Framework.
(3) ‘date of invocation’ shall mean the date on which the borrower and the bank agree to proceed with a resolution plan under this framework through a documented arrangement.
7. All other expressions unless defined herein shall have the same meaning as have been assigned to them under the Banking Regulation Act, 1949 or the Reserve Bank of India Act, 1934, or any statutory modification or re-enactment thereto or other regulations issued by the Reserve Bank or the Glossary of Terms published by the Reserve Bank or as used in commercial parlance, as the case may be.
Chapter II. General Instructions
D. Declaration of Natural Calamity
8. These Directions shall come into effect upon the declaration, by Central/State Governments (in accordance with the framework placed by the concerned Government for this purpose), of a natural calamity or other external events.
9. The decisions taken in the special SLBC / DCC shall be communicated to the banks by the convenor of the respective SLBC / DCC.
10. The decisions taken in the special SLBC/DCC meeting(s) shall be given adequate publicity by banks through various methods such as brochures, banners, advertisement in newspapers, visits by field staff, and other suitable modes, for the benefit of affected borrowers.
E. Policy / Procedures for dealing with Natural Calamities
11. Credit assessments carried out by a bank shall suitably factor in the possible impact of natural calamities on borrowers who may be impacted by such events. The credit policy of the bank shall incorporate provisions for resolution as provided for under these Directions, including the objective principles for the terms of relief to be granted to various borrower / loan categories.
12. The credit policy shall specify the potential relief measures and the verifiable parameters for making such determination.
13. The credit policy shall also lay down the delegation matrix for deciding and implementing relief measures (if any), including for restructuring, sanction of additional finance etc., with focus on the timely implementation of relief measures.
14. In the case of other external events, upon declaration of such events by the Government concerned, the bank shall adopt similar procedure as stated above, for providing relief to the affected borrowers.
F. Eligibility & Coverage
15. Only those borrowers shall be eligible for resolution under these guidelines whose accounts are classified as ‘Standard’, and also not in default for more than 30 days with a bank in respect of any of their credit facilities, as on the date of occurrence of the natural calamity.
16. Borrowers, whose loan accounts do not fulfil the required eligibility conditions for resolution under these Directions may continue to be considered for resolution under the Reserve Bank of India (Urban Co-operative Banks – Resolution of Stressed Assets) Directions, 2025 dated November 28, 2025.
17. The provisions of these Directions shall not apply to the refinance portfolio of a bank.
Chapter III: Resolution Plan
18. The resolution plan to be implemented by a bank, conforming to these Directions, may include rescheduling of payments; conversion of any interest accrued or to be accrued into another credit facility; granting of moratorium etc. based on an assessment of the viability prospects of the borrower.
19. The resolution plan may also include proposal for sanctioning of additional finance to address the financial stress of the borrower, subject to due assessment of the viability prospects of the borrower.
20. Resolution under these guidelines shall be invoked no later than 45 days (unless an extension has been granted by the Regional Director / Officer-in-Charge of Reserve Bank) from the date of the declaration of natural calamity and shall be implemented within 90 days from the date of the invocation.
Chapter IV: Asset Classification
21. If a resolution plan is implemented in adherence to the provisions of these Directions, borrower accounts which are classified as ‘Standard’ may be retained as such upon implementation. Borrower accounts which may have slipped into non-performing asset (NPA) between the date of occurrence of the natural calamity and implementation of the resolution plan, shall be upgraded as ‘Standard’, upon implementation of the resolution plan.
22. After implementation of the resolution plan in terms of these Directions, the subsequent asset classification shall be governed by the criteria laid out in the Reserve Bank of India (Urban Co-operative Banks – Income Recognition, Asset Classification and Provisioning) Directions, dated November 28, 2025.
Chapter V: Income recognition and Provisioning
23. Interest income recognition in respect of such borrower accounts shall be on accrual basis. However, a bank shall make an additional specific provision of five percent of the outstanding debt against such borrower accounts. The additional specific provisions shall be over and above the applicable prudential provisions subject to a ceiling of hundred per cent.
Chapter VI: Repeated restructuring
24. Accounts which are restructured under paragraph 18, where a subsequent restructuring is necessitated under these Directions before reversal of additional specific provisions as specified at paragraphs 25 and 26, shall continue to be classified as ‘Standard’, subject to the following conditions:
(1) Interest income shall be recognized on cash basis from the second restructuring onwards.
(2) Additional specific provisioning of five per cent on the outstanding debt shall be made for each instance of restructuring made under this framework. This provisioning shall be over and above the applicable prudential provisions subject to a ceiling of hundred per cent.
Chapter VII: Reversal of Provisions
25. The additional specific provisions so maintained upon restructuring may be written back upon the borrower paying at least 20% of the outstanding debt with the bank, without slipping into NPA post implementation of the restructuring, and without being subjected to another restructuring.
26. If the outstanding debt post-restructuring is only in the form of non-fund-based facilities or facilities in the nature of cash credit/overdraft, the additional provisions can be reversed after one year, post implementation of the restructuring, provided the borrower was not in default at any point of time during the period concerned.
Chapter VIII: Ancillary Measures
27. While restructuring various types of loans in an area affected by a natural calamity, banks may also take into account the insurance proceeds, if any, receivable from insurance companies in respect of those loans. The insurance proceeds upon receipt shall be adjusted towards the ‘restructured accounts’ in cases where fresh loans have been granted to the borrower. However, a bank may consider restructuring and sanctioning fresh loans without waiting for the actual receipt of the claim.
28. Interest Subvention / Prompt Repayment Incentive benefits as notified by the Government from time to time shall be made available to the eligible categories of without any exception.
29. While extending the relief measures under these guidelines, a bank shall ensure that the relief measures already provided/ being provided by GoI / States are duly factored in.
30. For agricultural loans, where land is taken as security, certificate issued by the Revenue Department officials, in the absence of original title record, shall be accepted for financing to farmers who have lost proof of their title such as title deed or registration certificate issued to registered share-croppers. In the areas covered by the Sixth Schedule of the Constitution, whereby the land is owned by the community, certificate issued by community authorities shall be accepted.
31. Persons displaced or adversely affected by a natural calamity may not have access to their identification and personal records. In such cases, small accounts as stipulated in the Reserve Bank of India (Urban Co-operative Banks – Know Your Customer) Directions, 2025, may be opened by banks.
G. Providing access to Banking Services
32. A bank may operate their natural calamity affected branches from temporary premises under advice to the concerned Regional Office of RBI. For continuing the temporary premise beyond 30 days, banks may obtain specific approval from the concerned Regional Office of RBI. A bank shall also make arrangements to render banking services in the affected areas by setting up satellite offices, extension counters or mobile banking facilities etc. under intimation to RBI.
33. A bank shall take immediate action for restoration of ATM services at the earliest. During the period, it shall provide alternative arrangements to address the immediate cash requirements of the affected areas.
34. A bank at its discretion, may provide further relief measures such as waiver / reduction of various fees and charges in respect of customers in the affected areas, for a period not exceeding one year.
Chapter IX: Reporting Requirements
35. Banks shall upload the data on relief measures as per the format given in Annex on a half-yearly basis within 30 days from the end of the half-year (September 30th and March 31st of every year) on the CIMS portal.
36. In case no relief measures are extended, a ‘NIL’ statement shall be uploaded by the bank.
Annex
Data Reporting Format |
|||||||||||||||||
Type of Regulated Entity (RE) |
|||||||||||||||||
Data on Relief measures extended by REs on account of natural calamities- OVERALL |
|||||||||||||||||
For Half Year ended _____ |
Return has to be submitted in Actuals only |
||||||||||||||||
Sl.
|
Name of
|
Name of the District |
Date of
|
Type of
|
Date (s) of
|
Sector |
Outstanding
|
Credit facilities
|
% achievement of
|
Out of 9 & 10, Credit
|
Additional/fresh
|
Remarks
|
|||||
No. of A/cs |
Amt. |
No. of A/cs |
Amt. |
No. of A/cs (9/7) |
Amt. (10/8) |
No. of A/cs |
Amt. |
No. of A/cs |
Amt. |
||||||||
1 |
2 |
3 |
4 |
5 |
6 |
7 |
8 |
9 |
10 |
11 |
12 |
13 |
14 |
15 |
16 |
17 |
|
1 |
State Name(Drop down from CISBI master) |
District
|
Date |
(Type to be selected dropdown) |
from Date |
(Sector will
|
J9/H9 |
K9/I9 |
Text Data |
||||||||
* District to be specified if the
decision to extend relief measures
is by DCC
********
Draft – Regional Rural Banks – Relief Measures in areas affected by Natural Calamities
RBI/2025-26/xx
DOR.STR.REC. __./21.04.048/2025-26 | Dated: January 27, 2026
Draft – Regional Rural Banks – Relief Measures in areas affected by Natural Calamities
Introduction
In exercise of powers conferred by Sections 21 and 35A, of the Banking Regulation Act, 1949, the Reserve Bank of India (Reserve Bank) being satisfied that it is necessary and expedient in the public interest so to do, hereby issues these guidelines hereinafter specified.
Chapter I: Preliminary
A. Short title and commencement
1. These guidelines shall be called the Regional Rural Banks – Relief Measures in areas affected by Natural Calamities.
2. These guidelines shall come into force with effect from April 01, 2026.
B. Applicability
3. These guidelines shall be applicable to Regional Rural Banks (hereinafter collectively referred to as ‘banks’ and individually as a ‘bank’).
4. These guidelines shall be applicable to resolution of exposures of borrowers impacted by a natural calamity or, mutatis mutandis, exposures of borrowers impacted by external events (such as riots/ disturbances that result in loss to economic activity).
5. For the purpose of resolution under these Directions, banks shall be guided by the principles enshrined in Reserve Bank of India (Commercial Banks – Resolution of Stressed Assets) Directions, 2025 dated November 28, 2025.
C. Definitions
6. In these guidelines, unless the context states otherwise, the terms herein shall bear the meaning assigned to them below:
(1) ‘exposure’ shall include all funded and non-funded exposures (including underwriting and similar commitments).
(2) ‘natural calamity’ shall mean an event recognised under the National Disaster Response Force (NDRF) Framework.
(3) ‘date of invocation’ shall mean the date on which the borrower and the bank agree to proceed with a resolution plan under this framework through a documented arrangement.
7. All other expressions unless defined herein shall have the same meaning as have been assigned to them under the Banking Regulation Act, 1949 or the Reserve Bank of India Act, 1934, or any statutory modification or re-enactment thereto or other regulations issued by the Reserve Bank or the Glossary of Terms published by the Reserve Bank or as used in commercial parlance, as the case may be.
Chapter II. General Instructions
D. Declaration of Natural Calamity
8. These Directions shall come into effect upon the declaration, by Central/ State Governments (in accordance with the framework placed by the concerned
9. Government for this purpose), of a natural calamity or other external event.
E. Role of State Level Bankers’ Committee (SLBC) / District Consultative Committee (DCC)
9. Upon declaration of a natural calamity, if a larger part of the State has been affected, the SLBC convenor bank shall convene a special SLBC meeting within 15 days of such declaration.
10. If the calamity has affected only a part of the State, the convenor of the DCC of the affected district(s) shall convene the meeting within 15 days of such declaration, after due consultation with the SLBC Convenor.
11. In the special SLBC/DCC meeting, the position of the affected areas may be assessed in terms of the severity of the impact of the calamity on the economic activity. SLBC/DCC may also determine the objective criteria for identifying impacted borrowers; and the extent of moratorium period, if any.
12. The decisions taken in the special SLBC meeting(s) as mentioned at paragraph 11 above, shall be conveyed by the SLBC convenor to all SLBC members along with the minutes of the meeting, immediately. A copy of the same shall also be forwarded by the SLBC convenor to the respective Regional Office of Reserve Bank and the Non-Banking Financial Companies (NBFCs) / Urban Co-operative Banks (UCBs) operating in the area.
13. If the relief measures, as identified as paragraph 11 above, are limited to specific districts, the decision taken in the special DCC meeting(s) shall be conveyed by the DCC convenor to the DCC members and the SLBC along with the minutes of the meeting immediately. A copy of the same shall also be forwarded by the DCC convenor to the respective Regional Office of Reserve Bank and the NBFCs / UCBs operating in the area.
14. The decisions taken in the special SLBC / DCC meeting(s) shall be given adequate publicity by SLBCs / DCCs / banks through various methods such as brochures, banners, advertisement in newspapers, visits by field staff, and other suitable modes, for the benefit of affected borrowers.
15. The relief measure(s) implemented shall be reviewed periodically through a specially constituted Task Force/Sub-Committee by way of weekly/fortnightly meetings as may be decided by the SLBC/DCC.
F. Policy / Procedures for dealing with Natural Calamities
16. Credit assessments carried out by a bank shall suitably factor in the possible impact of natural calamities on borrowers who may be impacted by such events. The credit policy of the bank shall incorporate provisions for resolution as provided for under these Directions, including the objective principles for the terms of relief to be granted to various borrower / loan categories.
17. The credit policy shall specify the potential relief measures and the verifiable parameters for making such determination.
18. The credit policy shall also lay down the delegation matrix for deciding and implementing relief measures (if any), including for restructuring, sanction of additional finance etc., with focus on the timely implementation of relief measures.
19. In case of other external events, upon declaration of such events by the Government concerned, SLBC / DCC shall adopt similar procedure as stated above, for providing relief to the affected borrowers.
G. Eligibility & Coverage
20. Only those borrowers shall be eligible for resolution under these guidelines whose accounts are classified as ‘Standard’, and also not in default for more than 30 days with a bank in respect of any of their facilities, as on the date of occurrence of the natural calamity.
21. Borrowers, whose loan accounts do not fulfil the required eligibility conditions for resolution under these guidelines may continue to be considered for resolution under the Reserve Bank of India (Regional Rural Banks – Resolution of Stressed Assets) Directions, 2025 dated November 28, 2025.
22. The provisions of these Directions shall not apply to the refinance portfolio of a bank.
Chapter III: Resolution Plan
23. The resolution plan to be implemented by a bank, conforming to these Directions, may include rescheduling of payments; conversion of any interest accrued or to be accrued into another credit facility; granting of moratorium etc. based on an assessment of the viability prospects of the borrower.
24. The resolution plan may also include proposal for sanctioning of additional finance to address the financial stress of the borrower, subject to due assessment of the viability prospects of the borrower.
25. Resolution under these guidelines shall be invoked no later than 45 days from the date of the declaration of natural calamity and shall be implemented within 90 days from the date of the invocation.
26. In exceptional cases, where it is not possible to complete the invocation formalities within the above period of 45 days, the SLBC / DCC convenor may approach the respective Regional Director / Officer-in-Charge of Reserve Bank for a one-time extension of 30 days for invocation. The request shall detail the reasons for not completing the exercise within the stipulated timeframe. Such requests may be considered by the Regional Director / Officer-in-Charge of Reserve Bank based on the merits of each case.
Chapter IV: Asset Classification
27. If a resolution plan is implemented in adherence to the provisions of these Directions, borrower accounts which are classified as ‘Standard’ may be retained as such upon implementation. Borrower accounts which may have slipped into non-performing asset (NPA) between the date of occurrence of the natural calamity and implementation of the resolution plan, shall be upgraded as ‘Standard’, upon implementation of the resolution plan.
28. After implementation of the resolution plan in terms of these Directions, the subsequent asset classification shall be governed by the criteria laid out in the Reserve Bank of India (Regional Rural Banks-Income Recognition, Asset Classification and Provisioning) Directions, dated November 28, 2025.
Chapter V: Income recognition and Provisioning
29. Interest income recognition in respect of such borrower accounts shall be on accrual basis. However, a bank shall make an additional specific provision of five percent of the outstanding debt against such borrower accounts. The additional specific provisions shall be over and above the applicable prudential provisions subject to a ceiling of hundred per cent.
Chapter VI: Repeated restructuring
30. Accounts which are restructured under paragraph 23, where a subsequent restructuring is necessitated under these Directions before reversal of additional specific provisions as specified at paragraphs 31 and 32, shall continue to be classified as ‘Standard’, subject to the following conditions:
(1) Interest income shall be recognized on cash basis from the second restructuring onwards.
(2) Additional specific provisioning of five per cent on the outstanding debt shall be made for each instance of restructuring made under this framework. This provisioning shall be over and above the applicable prudential provisions subject to a ceiling of hundred per cent.
Chapter VII: Reversal of Provisions
31. The additional specific provisions so maintained upon restructuring may be written back upon the borrower paying at least 20% of the outstanding debt with the bank, without slipping into NPA post implementation of the restructuring, and without being subjected to another restructuring.
32. If the outstanding debt post-restructuring is only in the form of non-fund-based facilities or facilities in the nature of cash credit / overdraft, the additional provisions can be reversed after one year, post implementation of the restructuring, provided the borrower was not in default at any point of time during the period concerned.
Chapter VIII: Ancillary Measures
33. While restructuring various types of loans in an area affected by a natural calamity, banks may also take into account the insurance proceeds, if any, receivable from insurance companies in respect of those loans. The insurance proceeds upon receipt shall be adjusted towards the ‘restructured accounts’ in cases where fresh loans have been granted to the borrower. However, a bank may consider restructuring and sanctioning fresh loans without waiting for the actual receipt of the claim.
34. Interest Subvention/ Prompt Repayment Incentive benefits as notified by the Government from time to time shall be made available to the eligible categories of borrowers without any exception.
35. While extending the relief measures under these guidelines, a bank shall ensure that the relief measures already provided/ being provided by GoI/States are duly factored in.
36. For agricultural loans, where land is taken as security, certificate issued by the Revenue Department officials, in the absence of original title record, shall be accepted for financing to farmers who have lost proof of their title such as title deed or registration certificate issued to registered share-croppers. In the areas covered by the Sixth Schedule of the Constitution, whereby the land is owned by the community, certificate issued by community authorities shall be accepted.
37. Persons displaced or adversely affected by a natural calamity may not have access to their identification and personal records. In such cases, small accounts as stipulated in the Reserve Bank of India (Regional Rural Banks – Know Your Customer) Directions, 2025, may be opened by banks.
38. A bank may operate their natural calamity affected branches from temporary premises under advice to the concerned Regional Office of RBI. For continuing the temporary premise beyond 30 days, banks may obtain specific approval from the concerned Regional Office of RBI. A bank shall also make arrangements to render banking services in the affected areas by setting up satellite offices, extension counters or mobile banking facilities etc. under intimation to RBI.
39. A bank shall take immediate action for restoration of ATM services at the earliest. During the period, it shall provide alternative arrangements to address the immediate cash requirements of the affected areas.
40. A bank at its discretion, may provide further relief measures such as waiver/reduction of various fees and charges in respect of customers in the affected areas, for a period not exceeding one year.
Chapter IX: Reporting Requirements
41. The SLBC convenor shall upload the notification(s) issued by State / District Authorities on declaration of a natural calamity or external event for which relief measures were implemented by SLBC / banks, on the CIMS portal, within 15 days of the special SLBC / DCC convened for extending relief measures.
42. Banks shall upload the data on relief measures as per the format given in Annex on a half-yearly basis within 30 days from the end of the half-year (September 30th and March 31st of every year) on the CIMS portal.
43. In case no relief measures are extended, a ‘NIL’ statement shall be uploaded by the bank.
Chapter X: Repealed Circulars/Provisions
44. The following circulars/provisions shall stand repealed with the issuance of these Directions:
| Sl. No |
Circular Number | Date of Issue | Subject |
| 1. | Master Direction FIDD.CO.FSD.BC No.10/05.10.001/2018-19 | 17-10-2018 | Master Direction – Reserve Bank of India (Relief Measures by Banks in Areas affected by Natural Calamities) Directions 2018 – RRBs |
Annex
Data Reporting Format |
|||||||||||||||||
Type of Regulated Entity (RE) |
|||||||||||||||||
Data on Relief measures extended by REs on account of natural calamities- OVERALL |
|||||||||||||||||
For Half Year ended _____ |
Return has to be submitted in Actuals only |
||||||||||||||||
Sl.
|
Name of
|
Name of the District |
Date of
|
Type of
|
Date (s) of
|
Sector |
Outstanding
|
Credit facilities
|
% achievement of
|
Out of 9 & 10, Credit
|
Additional/fresh
|
Remarks
|
|||||
No. of A/cs |
Amt. |
No. of A/cs |
Amt. |
No. of A/cs (9/7) |
Amt. (10/8) |
No. of A/cs |
Amt. |
No. of A/cs |
Amt. |
||||||||
1 |
2 |
3 |
4 |
5 |
6 |
7 |
8 |
9 |
10 |
11 |
12 |
13 |
14 |
15 |
16 |
17 |
|
1 |
State Name(Drop down from CISBI master) |
District
|
Date |
(Type to be selected dropdown) |
from Date |
(Sector will
|
J9/H9 |
K9/I9 |
Text Data |
||||||||
* District to be specified if the
decision to extend relief measures
is by DCC
*******
Draft – Rural Co-operative Banks – Relief Measures in areas affected by Natural Calamities
RBI/2025-26/xx
DOR.STR.REC.__./21.04.048/2025-26 | Dated: January 27, 2026
Draft – Rural Co-operative Banks – Relief Measures in areas affected by Natural Calamities
Introduction
In exercise of powers conferred by Sections 21 and 35A read with Section 56, of the Banking Regulation Act, 1949, the Reserve Bank of India (Reserve Bank) being satisfied that it is necessary and expedient in the public interest so to do, hereby issues these guidelines hereinafter specified.
Chapter I: Preliminary
A. Short title and commencement
1. These guidelines shall be called the Rural Co-operative Banks – Relief Measures in areas affected by Natural Calamities.
2. These guidelines shall come into force with effect from April 01, 2026.
B. Applicability
3. These guidelines shall be applicable to Rural Co-operative Banks (hereinafter collectively referred to as ‘banks’ and individually as a ‘bank’).
4. These guidelines shall be applicable to resolution of exposures of borrowers impacted by a natural calamity or, mutatis mutandis, exposures of borrowers impacted by external events (such as riots/ disturbances that result in loss to economic activity).
5. For the purpose of resolution under these Directions, banks shall be guided by the principles enshrined in Reserve Bank of India (Commercial Banks – Resolution of Stressed Assets) Directions, 2025 dated November 28, 2025.
C. Definitions
6. In these guidelines, unless the context states otherwise, the terms herein shall bear the meaning assigned to them below:
(1) ‘exposure’ shall include all funded and non-funded exposures (including underwriting and similar commitments).
(2) ‘natural calamity’ shall mean an event recognised under the National Disaster Response Force (NDRF) Framework.
(3) ‘date of invocation’ shall mean the date on which the borrower and the bank agree to proceed with a resolution plan under this framework through a documented arrangement.
7. All other expressions unless defined herein shall have the same meaning as have been assigned to them under the Banking Regulation Act, 1949 or the Reserve Bank of India Act, 1934, or any statutory modification or re-enactment thereto or other regulations issued by the Reserve Bank or the Glossary of Terms published by the Reserve Bank or as used in commercial parlance, as the case may be.
Chapter II. General Instructions
D. Declaration of Natural Calamity
8. These Directions shall come into effect upon the declaration, by Central / State Governments (in accordance with the framework placed by the concerned Government for this purpose), of a natural calamity or other external events.
E. Role of State Level Bankers’ Committee (SLBC) / District Consultative Committee (DCC)
9. Upon declaration of a natural calamity, if a larger part of the State has been affected, the SLBC convenor bank shall convene a special SLBC meeting within 15 days of such declaration.
10. If the calamity has affected only a part of the State, the convenor of the DCC of the affected district(s) shall convene the meeting within 15 days of such declaration, after due consultation with the SLBC Convenor.
11. In the special SLBC/DCC meeting, the position of the affected areas may be assessed in terms of the severity of the impact of the calamity on the economic activity. SLBC/DCC may also determine the objective criteria for identifying impacted borrowers; and the extent of moratorium period, if any.
12. The decisions taken in the special SLBC meeting(s) as mentioned at paragraph 11 above, shall be conveyed by the SLBC convenor to all SLBC members along with the minutes of the meeting, immediately. A copy of the same shall also be forwarded by the SLBC convenor to the respective Regional Office of Reserve Bank and the Non-Banking Financial Companies (NBFCs) / Urban Co-operative Banks (UCBs) operating in the area.
13. If the relief measures, as identified as paragraph 11 above, are limited to specific districts, the decision taken in the special DCC meeting(s) shall be conveyed by the DCC convenor to the DCC members and the SLBC along with the minutes of the meeting immediately. A copy of the same shall also be forwarded by the DCC convenor to the respective Regional Office of Reserve Bank and the NBFCs / UCBs operating in the area.
14. The decisions taken in the special SLBC / DCC meeting(s) shall be given adequate publicity by SLBCs / DCCs / banks through various methods such as brochures, banners, advertisement in newspapers, visits by field staff, and other suitable modes, for the benefit of affected borrowers.
15. The relief measure(s) implemented shall be reviewed periodically through a specially constituted Task Force / Sub-Committee by way of weekly / fortnightly meetings as may be decided by the SLBC / DCC.
F. Policy/Procedures for dealing with Natural Calamities
16. Credit assessments carried out by a bank shall suitably factor in the possible impact of natural calamities on borrowers who may be impacted by such events. The credit policy of the bank shall incorporate provisions for resolution as provided for under these Directions, including the objective principles for the terms of relief to be granted to various borrower / loan categories.
17. The credit policy shall specify the potential relief measures and the verifiable parameters for making such determination.
18. The credit policy shall also lay down the delegation matrix for deciding and implementing relief measures (if any), including for restructuring, sanction of additional finance etc., with a focus on the timely implementation of relief measures.
19. In case of other external events, upon declaration of such events by the Government concerned, SLBC / DCC shall adopt similar procedure as stated above, for providing relief to the affected borrowers.
G. Eligibility & Coverage
20. Only those borrowers shall be eligible for resolution under these guidelines whose accounts are classified as ‘Standard’, and also not in default for more than 30 days with a bank in respect of any of their facilities, as on the date of occurrence of the natural calamity.
21. Borrowers, whose loan accounts do not fulfil the required eligibility conditions for resolution under these guidelines may continue to be considered for resolution under the Reserve Bank of India (Rural Co-operative Banks – Resolution of Stressed Assets) Directions, 2025 dated November 28, 2025.
22. The provisions of these Directions shall not apply to the refinance portfolio of a bank.
Chapter III: Resolution Plan
23. The resolution plan to be implemented by a bank, conforming to these Directions, may include rescheduling of payments; conversion of any interest accrued or to be accrued into another credit facility; granting of moratorium etc. based on an assessment of the viability prospects of the borrower.
24. The resolution plan may also include proposal for sanctioning of additional finance to address the financial stress of the borrower, subject to due assessment of the viability prospects of the borrower.
25. Resolution under these guidelines shall be invoked no later than 45 days from the date of the declaration of natural calamity and shall be implemented within 90 days from the date of the invocation.
26. In exceptional cases, where it is not possible to complete the invocation formalities within the above period of 45 days, the SLBC / DCC convenor may approach the respective Regional Director / Officer-in-Charge of Reserve Bank for a one-time extension of 30 days for invocation. The request shall detail the reasons for not completing the exercise within the stipulated timeframe. Such requests may be considered by the Regional Director / Officer-in-Charge of Reserve Bank based on the merits of each case.
Chapter IV: Asset Classification
27. If a resolution plan is implemented in adherence to the provisions of these Directions, borrower accounts which are classified as ‘Standard’ may be retained as such upon implementation. Borrower accounts which may have slipped into non-performing asset (NPA) between the date of occurrence of the natural calamity and implementation of the resolution plan, shall be upgraded as ‘Standard’, upon implementation of the resolution plan.
28. After implementation of the resolution plan in terms of these Directions, the subsequent asset classification shall be governed by the criteria laid out in the Reserve Bank of India (Rural Co-operative Banks – Income Recognition, Asset Classification and Provisioning) Directions, dated November 28, 2025.
Chapter V: Income recognition and Provisioning
29. Interest income recognition in respect of such borrower accounts shall be on accrual basis. However, a bank shall make an additional specific provision of five percent of the outstanding debt against such borrower accounts. The additional specific provisions shall be over and above the applicable prudential provisions subject to a ceiling of hundred per cent.
Chapter VI: Repeated restructuring
30. Accounts which are restructured under paragraph 23, where a subsequent restructuring is necessitated under these Directions before reversal of additional specific provisions as specified at paragraphs 31 and 32, shall continue to be classified as ‘Standard’, subject to the following conditions:
(1) Interest income shall be recognized on cash basis from the second restructuring onwards.
(2) Additional specific provisioning of five per cent on the outstanding debt shall be made for each instance of restructuring made under this framework. This provisioning shall be over and above the applicable prudential provisions subject to a ceiling of hundred per cent.
Chapter VII: Reversal of Provisions
31. The additional specific provisions so maintained upon restructuring may be written back upon the borrower paying at least 20% of the outstanding debt with the bank, without slipping into NPA post implementation of the restructuring, and without being subjected to another restructuring.
32. If the outstanding debt post-restructuring is only in the form of non-fund-based facilities or facilities in the nature of cash credit / overdraft, the additional provisions can be reversed after one year, post implementation of the restructuring, provided the borrower was not in default at any point of time during the period concerned.
Chapter VIII: Ancillary Measures
33. While restructuring various types of loans in an area affected by a natural calamity, banks may also take into account the insurance proceeds, if any, receivable from insurance companies in respect of those loans. The insurance proceeds upon receipt shall be adjusted towards the ‘restructured accounts’ in cases where fresh loans have been granted to the borrower. However, a bank may consider restructuring and sanctioning fresh loans without waiting for the actual receipt of the claim.
34. Interest Subvention/ Prompt Repayment Incentive benefits as notified by the Government from time to time shall be made available to the eligible categories of borrowers without any exception.
35. While extending the relief measures under these guidelines, a bank shall ensure that the relief measures already provided/ being provided by GoI/States are duly factored in.
36. For agricultural loans, where land is taken as security, certificate issued by the Revenue Department officials, in the absence of original title record, shall be accepted for financing to farmers who have lost proof of their title such as title deed or registration certificate issued to registered share-croppers. In the areas covered by the Sixth Schedule of the Constitution, whereby the land is owned by the community, certificate issued by community authorities shall be accepted.
37. Persons displaced or adversely affected by a natural calamity may not have access to their identification and personal records. In such cases, small accounts as stipulated in the Reserve Bank of India (Rural Co-operative Banks – Know Your Customer) Directions, 2025, may be opened by banks.
38. A bank may operate their natural calamity affected branches from temporary premises under advice to the concerned Regional Office of RBI. For continuing the temporary premise beyond 30 days, banks may obtain specific approval from the concerned Regional Office of RBI. A bank shall also make arrangements to render banking services in the affected areas by setting up satellite offices, extension counters or mobile banking facilities etc. under intimation to RBI.
39. A bank shall take immediate action for restoration of ATM services at the earliest. During the period, it shall provide alternative arrangements to address the immediate cash requirements of the affected areas.
40. A bank at its discretion, may provide further relief measures such as waiver / reduction of various fees and charges in respect of customers in the affected areas, for a period not exceeding one year.
Chapter IX: Reporting Requirements
41. The SLBC convenor shall upload the notification(s) issued by State/District Authorities on declaration of a natural calamity or external event for which relief measures were implemented by SLBC / banks, on the CIMS portal, within 15 days of the special SLBC / DCC convened for extending relief measures.
42. Banks shall upload the data on relief measures as per the format given in Annex on a half-yearly basis within 30 days from the end of the half-year (September 30th and March 31st of every year) on the CIMS portal.
43. In case no relief measures are extended, a ‘NIL’ statement shall be uploaded by the bank.
Annex
Data Reporting Format |
|||||||||||||||||
Type of Regulated Entity (RE) |
|||||||||||||||||
Data on Relief measures extended by REs on account of natural calamities- OVERALL |
|||||||||||||||||
For Half Year ended _____ |
Return has to be submitted in Actuals only |
||||||||||||||||
Sl.
|
Name of
|
Name of the District |
Date of
|
Type of
|
Date (s) of
|
Sector |
Outstanding
|
Credit facilities
|
% achievement of
|
Out of 9 & 10, Credit
|
Additional/fresh
|
Remarks
|
|||||
No. of A/cs |
Amt. |
No. of A/cs |
Amt. |
No. of A/cs (9/7) |
Amt. (10/8) |
No. of A/cs |
Amt. |
No. of A/cs |
Amt. |
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1 |
State Name(Drop down from CISBI master) |
District
|
Date |
(Type to be selected dropdown) |
from Date |
(Sector will
|
J9/H9 |
K9/I9 |
Text Data |
||||||||
* District to be specified if the
decision to extend relief measures
is by DCC
********
Draft – Non-Banking Financial Companies – Relief Measures in areas affected by Natural Calamities
RBI/2025-26/xx
DOR.STR.REC.__./21.04.048/2025-26 ___2026 | January 27, 2026
Draft – Non-Banking Financial Companies – Relief Measures in areas affected by Natural Calamities
Introduction
In exercise of powers conferred by Chapter III B of the Reserve Bank of India Act, 1934, the Reserve Bank of India (Reserve Bank) being satisfied that it is necessary and expedient in the public interest so to do, hereby issues these guidelines hereinafter specified.
Chapter I: Preliminary
A. Short title and commencement
1. These guidelines shall be called the Non-Banking Financial Companies-Relief Measures in areas affected by Natural Calamities.
2. These guidelines shall come into force with effect from April 01, 2026.
B. Applicability
3. These guidelines shall be applicable to Non-Banking Financial Companies (hereinafter collectively referred to as ‘NBFCs’ and individually as a NBFC).
4.These guidelines shall be applicable to resolution of exposures of borrowers impacted by a natural calamity or, mutatis mutandis, exposures of borrowers impacted by external events (such as riots / disturbances that result in loss to economic activity).
5. For the purpose of resolution under these Directions, NBFCs shall be guided by the principles enshrined in Reserve Bank of India (Commercial Banks – Resolution of Stressed Assets) Directions, 2025 dated November 28, 2025.
C. Definitions
6. In these guidelines, unless the context states otherwise, the terms herein shall bear the meaning assigned to them below:
(1) ‘natural calamity’ shall mean an event recognised under the National Disaster Response Force (NDRF) Framework.
(2) ‘date of invocation’ shall mean the date on which the borrower and the NBFC agree to proceed with a resolution plan under this framework through a documented arrangement.
7. All other expressions unless defined herein shall have the same meaning as have been assigned to them under the Banking Regulation Act, 1949 or the Reserve Bank of India Act, 1934, or any statutory modification or re-enactment thereto or other regulations issued by the Reserve Bank or the Glossary of Terms published by the Reserve Bank or as used in commercial parlance, as the case may be.
Chapter II. General Instructions
D. Declaration of Natural Calamity
8. These Directions shall come into effect upon the declaration, by Central / State Governments (in accordance with the framework placed by the concerned Government for this purpose), of a natural calamity or other external event.
9. The decisions taken in the special SLBC / DCC meeting shall be communicated to the NBFCs by the convenor of the respective SLBC / DCC.
10. The decisions of the special SLBC / DCC meeting (s) shall be given adequate publicity by NBFCs through various methods such as brochures, banners, advertisement in newspapers, visits by field staff, and other suitable modes, for the benefit of affected borrowers.
E. Policy/Procedures for dealing with Natural Calamities
11. Credit assessments carried out by a NBFC shall suitably factor in the possible impact of natural calamities on borrowers who may be impacted by such events. The credit policy of the NBFC shall incorporate provisions for resolution as provided for under these Directions, including the objective principles for the terms of relief to be granted to various borrower / loan categories.
12. The credit policy shall specify the potential relief measures and the verifiable parameters for making such determination.
13. The credit policy shall also lay down the delegation matrix for deciding and implementing relief measures (if any), including for restructuring, sanction of additional finance etc., with focus on the timely implementation of relief measures.
14. In case of other external events, upon declaration of such events by the Government concerned, SLBC / DCC shall adopt similar procedure as stated above, for providing relief to the affected borrowers.
F. Eligibility & Coverage
15. Only those borrowers shall be eligible for resolution under these guidelines whose accounts are classified as ‘Standard’, and also not in default for more than 30 days with a NBFC in respect of any of their facilities, as on the date of occurrence of the natural calamity.
16. Borrowers, whose loan accounts do not fulfil the required eligibility conditions for resolution under these guidelines may continue to be considered for resolution under the Reserve Bank of India (Non-Banking Financial Companies – Resolution of Stressed Assets) Directions, 2025 dated November 28, 2025.
17. The provisions of these Directions shall not apply to the refinance portfolio of a NBFC.
Chapter III: Resolution Plan
18. The resolution plan to be implemented by a NBFC, conforming to these Directions, may include rescheduling of payments; conversion of any interest accrued or to be accrued into another credit facility; granting of moratorium etc. based on an assessment of the viability prospects of the borrower.
19. The resolution plan may also include proposal for sanctioning of additional finance to address the financial stress of the borrower, subject to due assessment of the viability prospects of the borrower.
20. Resolution under these guidelines shall be invoked no later than 45 days (unless an extension has been granted by the Regional Director / Officer-in-Charge of Reserve Bank) from the date of the declaration of natural calamity and shall be implemented within 90 days from the date of the invocation.
Chapter IV: Asset Classification
21. If a resolution plan is implemented in adherence to the provisions of these Directions, borrower accounts which are classified as ‘Standard’ may be retained as such upon implementation. Borrower accounts which may have slipped into non-performing asset (NPA) between the date of occurrence of the natural calamity and implementation of the resolution plan, shall be upgraded as ‘Standard’, upon implementation of the resolution plan.
22. After implementation of the resolution plan in terms of these Directions, the subsequent asset classification shall be governed by the criteria laid out in the Reserve Bank of India (Non-Banking Financial Companies-Income Recognition, Asset Classification and Provisioning) Directions, dated November 28, 2025.
Chapter V: Income recognition and Provisioning
23. Interest income recognition in respect of such borrower accounts shall be on accrual basis. However, a NBFC shall make an additional specific provision of five percent of the outstanding debt against such borrower accounts. The additional specific provisions shall be over and above the applicable prudential provisions subject to a ceiling of hundred per cent.
Chapter VI: Repeated restructuring
24. Accounts which are restructured under paragraph 18, where a subsequent restructuring is necessitated under these Directions before reversal of additional specific provisions as specified at paragraphs 25 and 26, shall continue to be classified as ‘Standard’, subject to the following conditions:
(1) Interest income shall be recognized on cash basis from the second restructuring onwards.
(2) Additional specific provisioning of five per cent on the outstanding debt shall be made for each instance of restructuring made under this framework. This provisioning shall be over and above the applicable prudential provisions subject to a ceiling of hundred per cent.
Chapter VII: Reversal of Provisions
25. The additional specific provisions so maintained upon restructuring may be written back upon the borrower paying at least 20% of the outstanding debt with the NBFC, without slipping into NPA post implementation of the restructuring, and without being subjected to another restructuring.
Chapter VIII: Ancillary Measures
26. While restructuring various types of loans in an area affected by a natural calamity, NBFCs may also take into account the insurance proceeds, if any, receivable from insurance companies in respect of those loans. The insurance proceeds upon receipt shall be adjusted towards the ‘restructured accounts’ in cases where fresh loans have been granted to the borrower. However, a NBFC may consider restructuring and sanctioning fresh loans without waiting for the actual receipt of the claim.
27. Interest Subvention/ Prompt Repayment Incentive benefits as notified by the Government from time to time shall be made available to the eligible categories of borrowers without any exception.
28. While extending the relief measures under these guidelines, a NBFC shall ensure that the relief measures already provided/ being provided by GoI / States are duly factored in.
29. For agricultural loans, where land is taken as security, certificate issued by the Revenue Department officials, in the absence of original title record, shall be accepted for financing to farmers who have lost proof of their title such as title deed or registration certificate issued to registered share-croppers. In the areas covered by the Sixth Schedule of the Constitution, whereby the land is owned by the community, certificate issued by community authorities shall be accepted.
30. A NBFC at its discretion, may provide further relief measures such as waiver/reduction of various fees and charges in respect of customers in the affected areas, for a period not exceeding one year.
Chapter IX: Reporting Requirements
31. NBFCs shall upload the data on relief measures as per the format given in Annex on a half-yearly basis within 30 days from the end of the half-year (September 30th and March 31st of every year) on the CIMS portal.
32. In case no relief measures are extended, a ‘NIL’ statement shall be uploaded by the NBFC.
Annex
Data Reporting Format |
|||||||||||||||||
Type of Regulated Entity (RE) |
|||||||||||||||||
Data on Relief measures extended by REs on account of natural calamities- OVERALL |
|||||||||||||||||
For Half Year ended _____ |
Return has to be submitted in Actuals only |
||||||||||||||||
Sl.
|
Name of
|
Name of the District |
Date of
|
Type of
|
Date (s) of
|
Sector |
Outstanding
|
Credit facilities
|
% achievement of
|
Out of 9 & 10, Credit
|
Additional/fresh
|
Remarks
|
|||||
No. of A/cs |
Amt. |
No. of A/cs |
Amt. |
No. of A/cs (9/7) |
Amt. (10/8) |
No. of A/cs |
Amt. |
No. of A/cs |
Amt. |
||||||||
1 |
2 |
3 |
4 |
5 |
6 |
7 |
8 |
9 |
10 |
11 |
12 |
13 |
14 |
15 |
16 |
17 |
|
1 |
State Name(Drop down from CISBI master) |
District
|
Date |
(Type to be selected dropdown) |
from Date |
(Sector will
|
J9/H9 |
K9/I9 |
Text Data |
||||||||
* District to be specified if the
decision to extend relief measures
is by DCC
*******
Draft – All India Financial Institutions – Relief Measures in areas affected by Natural Calamities
RBI/2025-26/xx
DOR.STR.REC.__./21.04.048/2025-26 ___2026 | Dated: January 27, 2026
Draft – All India Financial Institutions – Relief Measures in areas affected by Natural Calamities
Introduction
In exercise of powers conferred by Chapter III B of the Reserve Bank of India Act, 1934, thae Reserve Bank of India (Reserve Bank) being satisfied that it is necessary and expedient in the public interest so to do, hereby issues these guidelines hereinafter specified.
Chapter I: Preliminary
A. Short title and commencement
1. These guidelines shall be called the All India Financial Institutions – Relief Measures in areas affected by Natural Calamities.
2. These guidelines shall come into force with effect from April 01, 2026.
B. Applicability
3. These guidelines shall be applicable to All India Financial Institutions (hereinafter collectively referred to as ‘AIFIs’ and individually as an ‘AIFI’).
4. These guidelines shall be applicable to resolution of exposures of borrowers impacted by a natural calamity or, mutatis mutandis, exposures of borrowers impacted by external events (such as riots/ disturbances that result in loss to economic activity).
C. Definitions
5. In these guidelines, unless the context states otherwise, the terms herein shall bear the meaning assigned to them below:
(1) ‘exposure’ shall include all funded and non-funded exposures (including underwriting and similar commitments).
(2) ‘natural calamity’ shall mean an event recognised under the National Disaster Response Force (NDRF) Framework.
(3) ‘date of invocation’ shall mean the date on which the borrower and the AIFI agree to proceed with a resolution plan under this framework through a documented arrangement.
6. All other expressions unless defined herein shall have the same meaning as have been assigned to them under the Banking Regulation Act, 1949 or the Reserve Bank of India Act, 1934, or any statutory modification or re-enactment thereto or other regulations issued by the Reserve Bank or the Glossary of Terms published by the Reserve Bank or as used in commercial parlance, as the case may be.
Chapter II. General Instructions
D. Declaration of Natural Calamity
7. These Directions shall come into effect upon the declaration, by Central/ State Governments (in accordance with the framework placed by the concerned Government for this purpose), of a natural calamity or other external event.
E. Role of State Level Bankers’ Committee (SLBC) / District Consultative Committee (DCC)
8. Upon declaration of a natural calamity, if a larger part of the State has been affected, the SLBC convenor shall convene a special SLBC meeting within 15 days of such declaration.
9. If the calamity has affected only a part of the State, the convener of the DCC of the affected district(s) shall convene the meeting within 15 days of such declaration, after due consultation with the SLBC convenor.
10. In the special SLBC / DCC meeting, the position of the affected areas may be assessed in terms of the severity of the impact of the calamity on the economic activity. SLBC / DCC may also determine the objective criteria for identifying impacted borrowers; and the extent of moratorium period, if any.
11. The decisions taken in the special SLBC meeting(s) as mentioned at paragraph 10 above, shall be conveyed by the SLBC convenor to all SLBC members along with the minutes of the meeting, immediately. A copy of the same shall also be forwarded by the SLBC convenor to the respective Regional Office of Reserve Bank and the Non-Banking Financial Companies (NBFCs) / Urban Co-operative Banks (UCBs) operating in the area.
12. If the relief measures, as identified as paragraph 10 above, are limited to specific districts, the decision taken in the special DCC meeting(s) shall be conveyed by the DCC convenor to the DCC members and the SLBC along with the minutes of the meeting immediately. A copy of the same shall also be forwarded by the DCC convenor to the respective Regional Office of Reserve Bank and the NBFCs / UCBs operating in the area.
13. The decisions taken in the special SLBC / DCC meeting(s) shall be given adequate publicity by SLBCs / DCCs / AIFIs through various methods such as brochures, banners, advertisement in newspapers, visits by field staff, and other suitable modes, for the benefit of affected borrowers.
14. The relief measure(s) implemented shall be reviewed periodically through a specially constituted Task Force / Sub-Committee by way of weekly / fortnightly meetings as may be decided by the SLBC / DCC.
F. Policy / Procedures for dealing with Natural Calamities
15. Credit assessments carried out by an AIFI shall suitably factor in the possible impact of natural calamities on borrowers who may be impacted by such events. The credit policy of the AIFI shall incorporate provisions for resolution as provided for under these Directions, including the objective principles for the terms of relief to be granted to various borrower / loan categories.
16. The credit policy shall specify the potential relief measures and the verifiable parameters for making such determination.
17. The credit policy shall also lay down the delegation matrix for deciding and implementing relief measures (if any), including for restructuring, sanction of additional finance etc., with focus on the timely implementation of relief measures.
18. In case of other external events, upon declaration of such events by the Government concerned, SLBC / DCC shall adopt similar procedure as stated above, for providing relief to the affected borrowers.
G. Eligibility & Coverage
19. Only those borrowers shall be eligible for resolution under these guidelines whose accounts are classified as ‘Standard’, and also not in default for more than 30 days with an AIFI in respect of any of their facilities, as on the date of occurrence of the natural calamity.
20. Borrowers, whose loan accounts do not fulfil the required eligibility conditions for resolution under these guidelines may continue to be considered for resolution under the Reserve Bank of India (All India Financial Institutions – Resolution of Stressed Assets) Directions, 2025 dated November 28, 2025.
21. The provisions of these Directions shall not apply to the refinance portfolio of an AIFI.
Chapter III: Resolution Plan
22. The resolution plan to be implemented by an AIFI, conforming to these Directions, may include rescheduling of payments; conversion of any interest accrued or to be accrued into another credit facility; granting of moratorium etc. based on an assessment of the viability prospects of the borrower.
23. The resolution plan may also include proposal for sanctioning of additional finance to address the financial stress of the borrower, subject to due assessment of the viability prospects of the borrower.
24. Resolution under these guidelines shall be invoked no later than 45 days from the date of the declaration of natural calamity and shall be implemented within 90 days from the date of the invocation.
25. In exceptional cases, where it is not possible to complete the invocation formalities within the above period of 45 days the SLBC / DCC convenor may approach the respective Regional Director / Officer-in-Charge of Reserve Bank for a one-time extension of 30 days for invocation. The request shall detail the reasons for not completing the exercise within the stipulated timeframe. Such requests may be considered by the Regional Director / Officer-in-Charge of Reserve Bank based on the merits of each case.
Chapter IV: Asset Classification
26. If a resolution plan is implemented in adherence to the provisions of these Directions, borrower accounts which are classified as ‘Standard’ may be retained as such upon implementation. Borrower accounts which may have slipped into non-performing asset (NPA) between the date of occurrence of the natural calamity and implementation of the resolution plan, shall be upgraded as ‘Standard’, upon implementation of the resolution plan.
27. After implementation of the resolution plan in terms of these Directions, the subsequent asset classification shall be governed by the criteria laid out in the Reserve Bank of India (All India Financial Institutions-Income Recognition, Asset Classification and Provisioning) Directions, dated November 28, 2025.
Chapter V: Income recognition and Provisioning
28. Interest income recognition in respect of such borrower accounts shall be on accrual basis. However, an AIFI shall make an additional specific provision of five percent of the outstanding debt against such borrower accounts. The additional specific provisions shall be over and above the applicable prudential provisions subject to a ceiling of hundred per cent.
Chapter VI: Repeated restructuring
29. Accounts which are restructured under paragraph 22, where a subsequent restructuring is necessitated under these Directions before reversal of additional specific provisions as specified at paragraphs 30 and 31, shall continue to be classified as ‘Standard’, subject to the following conditions:
(1) Interest income shall be recognized on cash basis from the second restructuring onwards.
(2) Additional specific provisioning of five per cent on the outstanding debt shall be made for each instance of restructuring made under this framework. This provisioning shall be over and above the applicable prudential provisions subject to a ceiling of hundred per cent.
Chapter VII: Reversal of Provisions
30. The additional specific provisions so maintained upon restructuring may be written back upon the borrower paying at least 20% of the outstanding debt with the AIFI, without slipping into NPA post implementation of the restructuring, and without being subjected to another restructuring.
31. If the outstanding debt post-restructuring is only in the form of non-fund-based facilities, the additional provisions can be reversed after one year, post implementation of the restructuring, provided the borrower was not in default at any point of time during the period concerned.
Chapter VIII: Ancillary Measures
32. While restructuring various types of loans in an area affected by a natural calamity, AIFI may also take into account the insurance proceeds, if any, receivable from insurance companies in respect of those loans. The insurance proceeds upon receipt shall be adjusted towards the ‘restructured accounts’ in cases where fresh loans have been granted to the borrower. However, An AIFI may consider restructuring and sanctioning fresh loans without waiting for the actual receipt of the claim.
33. Interest Subvention/ Prompt Repayment Incentive benefits as notified by the Government from time to time shall be made available to the eligible categories of borrowers without any exception.
34. While extending the relief measures under these guidelines, an AIFI shall ensure that the relief measures already provided / being provided by GoI / States are duly factored in.
35. For agricultural loans, where land is taken as security, certificate issued by the Revenue Department officials, in the absence of original title record, shall be accepted for financing to farmers who have lost proof of their title such as title deed or registration certificate issued to registered share-croppers. In the areas covered by the Sixth Schedule of the Constitution, whereby the land is owned by the community, certificate issued by community authorities shall be accepted.
36. An AIFI at its discretion, may provide further relief measures such as waiver / reduction of various fees and charges in respect of customers in the affected areas, for a period not exceeding one year.
Chapter IX: Reporting Requirements
37. The SLBC convener shall upload the notification(s) issued by State / District Authorities on declaration of a natural calamity or external event for which relief measures were implemented by SLBC / AIFIs, on the CIMS portal, within 15 days of the special SLBC / DCC convened for extending relief measures.
38. An AIFI shall upload the data on relief measures as per the format given in Annex on a half-yearly basis within 30 days from the end of the half-year (September 30th and March 31st of every year) on the CIMS portal.
39. In case no relief measures are extended, a ‘NIL’ statement shall be uploaded by the AIFI.
Annex
Data Reporting Format |
|||||||||||||||||
Type of Regulated Entity (RE) |
|||||||||||||||||
Data on Relief measures extended by REs on account of natural calamities- OVERALL |
|||||||||||||||||
For Half Year ended _____ |
Return has to be submitted in Actuals only |
||||||||||||||||
Sl.
|
Name of
|
Name of the District |
Date of
|
Type of
|
Date (s) of
|
Sector |
Outstanding
|
Credit facilities
|
% achievement of
|
Out of 9 & 10, Credit
|
Additional/fresh
|
Remarks
|
|||||
No. of A/cs |
Amt. |
No. of A/cs |
Amt. |
No. of A/cs (9/7) |
Amt. (10/8) |
No. of A/cs |
Amt. |
No. of A/cs |
Amt. |
||||||||
1 |
2 |
3 |
4 |
5 |
6 |
7 |
8 |
9 |
10 |
11 |
12 |
13 |
14 |
15 |
16 |
17 |
|
1 |
State Name(Drop down from CISBI master) |
District
|
Date |
(Type to be selected dropdown) |
from Date |
(Sector will
|
J9/H9 |
K9/I9 |
Text Data |
||||||||
* District to be specified if the
decision to extend relief measures
is by DCC
