The RBI issued a fresh set of Directions outlining a regulatory framework for upcoming instructions applicable to commercial banks. The implementation date will be announced separately.
The regulator has overhauled asset-liability management norms for rural co-operative banks, setting clear Board responsibilities, ALCO governance, and risk limits. The key takeaway is a unified, risk-focused ALM regime effective immediately.
New directions mandate standard balance sheet formats and comprehensive disclosures for UCBs. The key takeaway is tighter uniformity and transparency aligned with statutory schedules and accounting standards.
The RBI mandates comprehensive risk management and governance for payments banks’ outsourcing of financial and IT services. Banks must ensure board oversight, security, and customer grievance mechanisms.
The regulator has overhauled credit reporting norms for asset reconstruction entities, mandating uniform data formats and frequent updates. The key takeaway is stronger borrower protection through accuracy standards and penalties for delayed corrections.
The RBI has laid down a comprehensive framework requiring uniform, non-negotiable interest rates on deposits of Regional Rural Banks, strengthening transparency and supervisory oversight.
The RBI issued new Directions consolidating customer service and conduct guidelines for commercial banks. The framework aims to strengthen fair treatment and responsible practices across the sector.
The central bank has notified updated KYC Directions to strengthen AML and CFT compliance. The rules apply uniformly to all Urban Co-operative Banks with immediate effect.
RBI’s 2025 Directions consolidate customer service and conduct norms for Payments Banks. The key takeaway is a unified framework promoting fairness and enhanced customer protection.
The issue was fragmented and overlapping NBFC instructions. RBI consolidated them into a single framework, simplifying compliance while retaining safeguards for investors and depositors.
