76 briefs
NBFCs (including HFCs) surrendering their Certificate of Registration must use the RBI's revised PRAVAAH application form and checklist, and must keep complying and filing returns until the RBI communicates cancellation in writing
Bank and RE derivatives desks must meet the Master Direction's conditions before offering or trading credit-index derivatives or corporate-bond total-return swaps
Agency Bank pension-disbursing teams must notify pensioners and follow RBI-prescribed recovery procedures before effecting any recovery from pension accounts
NBFC compliance teams must apply NBFC-UL classification and credit/investment concentration limits to government-owned NBFCs
Banks must expand fraud-liability coverage, shorten complaint timelines and run a small-value compensation mechanism from 1 January 2027
Banks and Regulated Entities must compute NOP and forex risk capital charge under the revised instructions from 1 April 2027
Small finance banks must set prudential treatment of payment-instrument-linked credit facilities by the underlying facility, not the payment instrument
Commercial banks must apply existing prudential norms to any credit facility linked to a specific payment instrument and include its terms in the bank's credit policy
TReDS operators must apply the new Directions immediately: capital requirements are revised and MSME-seller due-diligence is removed
AD Cat-I banks must exclude hedged FCNR(B), ECB and overseas foreign-currency borrowing positions from NOP-INR computation
Authorised Dealer Category-I banks must submit daily FCNR(B), ECB and OFCB mobilisation data to RBI by 6 p.m., with NIL statements on no-transaction days (except Saturdays and holidays)
Regional Rural Banks must apply the new six-year composite KCC framework — revised limits, collateral thresholds and digital channels — to KCC loans sanctioned from 1 January 2027.
