MUMBAI, India, June 9 -- Reserve Bank of India issued the following notification:
RBI/2025-26/50
DOR.STR.REC.29/21.06.008/2025-26
June 09, 2025
All Scheduled Commercial Banks
(including Small Finance Banks)
(excluding Local Area Banks, Payments Banks and Regional Rural Banks)
Dear Sir/ Madam,
Basel III Capital Regulations - External Credit Assessment Institution (ECAI)
Please refer to paragraph 6.1.2 of the Master Circular No. DOR.CAP.REC.2/21.06.201/2025-26 dated April 1, 2025 on Basel III Capital Regulations, wherein the list of domestic credit rating agencies accredited for the purpose of risk weighting banks' claims for capital adequacy purposes has been prescribed.
2. A reference is also invited to the circular DOR.STR.REC.26...