1. Executive Summary On August 6, 2026, the Reserve Bank of India (RBI) issued finalized Amendment Directions aimed at standardizing and strengthening the regulatory framework for loan recovery processes and the engagement of recovery agents. Following a draft release on May 20, 2026, these amendments emphasize responsible business conduct, protecting borrowers from coercive tactics, and […]

The Reserve Bank of India has undertaken a massive regulatory restructuring aimed at rationalizing compliance and minimizing operational costs for regulated entities. The sweeping changes involve the repeal of 628 legacy circulars and their consolidation into 64 entity-specific, function-wise Master Directions. 1. Applicable Regulated Entities The consolidated Master Directions apply across 11 specific categories of

On July 30, 2026, the Reserve Bank of India (RBI) issued finalized amendment directions concerning the interest rates on deposits. These amendments aim to enhance transparency in deposit pricing and provide banks with operational flexibility, particularly concerning bulk deposits, in alignment with the Liquidity Coverage Ratio (LCR) framework. The new rules mandate strict disclosure timelines

On July 16, 2026, the Reserve Bank of India (RBI) issued extensive amendment directions establishing a uniform prudential framework for Specified Non-Financial Assets (SNFAs). These regulations govern how regulated entities acquire, value, manage, and dispose of immovable properties obtained from defaulting borrowers in settlement of outstanding debts. The directives mark a significant shift towards stricter

The Reserve Bank of India has issued comprehensive Amendment Directions to transition Board governance from a rigid, rules-based framework (previously categorized by seven broad themes) to a dynamic, principle-based approach. The core objective is to free up Board bandwidth, eliminate redundant operational reporting, and foster deeper, qualitative engagements on strategic growth and risk governance. Applicable

On June 24, 2026, the Reserve Bank of India (RBI) issued finalized Amendment Directions modifying the computational framework for the Net Open Position (NOP) and capital charges for foreign exchange (forex) risk. Aligning deeply with the Basel Committee on Banking Supervision (BCBS) standards, these amendments mandate a unified, global approach to forex risk management, discarding

On June 24, 2026, the Reserve Bank of India (RBI) issued four critical Amendment Directions fundamentally altering the landscape for Non-Banking Financial Companies (NBFCs), particularly Government-owned NBFCs. The most significant shift is the transition from a complex scoring methodology to a simple, absolute asset-size criterion (₹1,00,000 crore) for identifying Upper Layer NBFCs (NBFC-UL), alongside the

The Reserve Bank of India (RBI) has issued a significant set of amendments on June 24, 2026, aimed at enhancing customer protection in digital transactions. Stemming from the draft issued on March 6, 2026, these amendments expand the scope of customer liability limits beyond mere “unauthorised” transactions to include broader categories of “fraudulent” electronic banking