RegAlert
2026-10-01

Added

Cassette Swaps in ATMs

The document partially modifies a previous circular regarding cassette swaps in ATMs by allowing the Board of a bank to delegate the monitoring of implementation progress to a Committee of Executives. This change applies to all banks and takes effect on October 1, 2026, following governance amendment directions for commercial, small finance, payments, and local area banks.

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( 153 kb ) Cassette - Swaps in ATMs RBI/2026-27/273 DCM (RMMT) No.S 2107/20-02-002/2026-27

October 01, 2026

The Chairman / Managing Director/ Chief Executive Officer All Banks

Madam / Dear Sir,

Cassette - Swaps in ATMs

Please refer to the circular RBI/2021-22/190 DCM (Plg.) No.S 1117/10.25.007/2021-22 dated March 31, 2022 on the captioned subject.

  1. In partial modification to para 3 of the aforesaid circular, it is advised that monitoring the progress of implementation of cassette swap may be delegated by the Board to a Committee of Executives 1 of the bank.

Yours faithfully,

(Sanjeev Prakash) Chief General Manager-in-Charge

1 substituted w.e.f. October 1, 2026, consequent to Reserve Bank of India (Commercial Banks-Governance) Amendment Directions, 2026 , (Small Finance Banks-Governance) Amendment Directions, 2026 , (Payments Banks-Governance) Amendment Directions, 2026 and (Local Area Banks-Governance) Amendment Directions, 2026

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Circular No. 190 dated 2022-03-…Circular No. 190 dated 2022-03-31Cassette Swaps in ATMs2026-10-01 · this documentCassette Swaps in ATMs (2026-10-01)
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Source: Reserve Bank of India — original document · Summary generated with machine assistance and reviewed before publication; the authoritative text is the regulator's original document. How RegAlert works

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