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Date : Jun 10, 2026

RBI invites comments on Harmonisation and Consolidation of Instructions on Control / Assurance Functions

Reserve Bank of India has today issued the following draft Amendment Directions for public comments:

  1. Reserve Bank of India (Commercial Banks – Governance) Second Amendment Directions, 2026
  2. Reserve Bank of India (Small Finance Banks – Governance) Second  Amendment Directions, 2026
  3. Reserve Bank of India (Payments Banks – Governance) Second Amendment Directions, 2026
  4. Reserve Bank of India (Local Area Banks – Governance) Second  Amendment Directions, 2026
  5. Reserve Bank of India (Regional Rural Banks – Governance) Amendment Directions, 2026
  6. Reserve Bank of India (All India Financial Institutions – Miscellaneous) Amendment Directions, 2026
  7. Reserve Bank of India (Urban Co-operative Banks – Governance) Second Amendment Directions, 2026
  8. Reserve Bank of India (Rural Co-operative Banks – Governance) Second Amendment Directions, 2026
  9. Reserve Bank of India (Non-Banking Financial Companies – Governance) Amendment Directions, 2026
  10. Reserve Bank of India (Credit Information Companies) Amendment Directions, 2026
  11. Reserve Bank of India (Asset Reconstruction Companies) Second Amendment Directions, 2026

2. The comments / feedback on the draft Amendment Directions may be submitted by the regulated entities and members of public / other stakeholders on or before July 9, 2026 through the following channels:

i) the ‘Connect 2 Regulate’ section on the website by following the corresponding hyperlink provided against each document in the page where they are hosted; or

ii) by email (with the subject line 'Feedback on [full name of the draft Amendment Directions (including the type of Regulated Entity)], as under:

Regulated Entity

Email

Commercial Banks, Small Finance Banks, Payments Banks, Local Area Banks, Regional Rural Banks and All India Financial Institutions

email

Urban Co-operative Banks, Rural Co-operative Banks, Non-Banking Financial Companies, Credit Information Companies and Asset Reconstruction Companies

email

(Brij Raj)           
Chief General Manager

Press Release: 2026-2027/431