MUMBAI, India, Dec. 4 -- Reserve Bank of India issued the following notification:
RBI/2025-26/104
DOR.MCS.REC.No.311/01-01-033/2025-26
December 04, 2025
Reserve Bank of India (Small Finance Banks - Responsible Business Conduct) Amendment Directions, 2025
The Basic Savings Bank Deposit (BSBD) Account was introduced as a savings bank account which offers certain minimum facilities, free of charge, to the holders of such accounts with an objective of deepening financial inclusion. In order to provide affordable banking facilities to public, to drive enhanced usage of BSBD accounts and also in the interest of better customer service for BSBD account holders, it was decided to review the extant instructions on BSBD account and accordingly, ...