MUMBAI, India, Jan. 5 -- Reserve Bank of India issued the following notification:
RBI/2025-26/175
DOR.CRE.REC.377/07-02-003/2025-26
January 05, 2026
Reserve Bank of India (Local Area Banks - Credit Risk Management) - Amendment Directions, 2026
Please refer to Reserve Bank of India (Local Area Banks - Credit Risk Management) Directions, 2025 (hereinafter referred to as 'Directions').
2. On a review, in exercise of the powers conferred by the Sections 21 and 35A of the Banking Regulation Act, 1949 and all other provisions / laws enabling the Reserve Bank of India (hereinafter called the Reserve Bank) in this regard, the Reserve Bank being satisfied that it is necessary and expedient in the public interest so to do, hereby issues the Ame...