Regulatory Alerts2026-06-10
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Draft Amendment Directions on Harmonisation and Consolidation of Instructions on Control / Assurance Functions
The Reserve Bank of India has issued draft Amendment Directions regarding the harmonisation and consolidation of instructions on control and assurance functions for public consultation. Regulated entities, including commercial banks, small finance banks, payments banks, local area banks, regional rural banks, all India financial institutions, urban co-operative banks, rural co-operative banks, non-banking financial companies, credit information companies, and asset reconstruction companies, may submit feedback on or before July 9, 2026. Submissions can be made via the 'Connect 2 Regulate' section on the website or by email with the specified subject line format.
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( 316 kb ) 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:
- 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
Commercial Banks, Small Finance Banks, Payments Banks, Local Area Banks, Regional Rural Banks and All India Financial Institutions
Urban Co-operative Banks, Rural Co-operative Banks, Non-Banking Financial Companies, Credit Information Companies and Asset Reconstruction Companies
(Brij Raj)
Chief General Manager
Press Release: 2026-2027/431
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