Regulatory Alerts2026-04-29
Added · Updated
Reserve Bank of India (All India Financial Institutions– Resolution of Stressed Assets) Amendment Directions, 2026
These Amendment Directions insert Chapter VI-A to govern the resolution of accounts impacted by natural calamities or external events for All India Financial Institutions (AIFIs). The rules define eligibility for borrowers with Standard accounts not in default for more than 30 days and mandate that AIFIs invoke resolution plans within 45 days and implement them within 135 days of a government-declared calamity. State Level Bankers’ Committees must convene special meetings within 15 days to assess impact and formulate criteria, while AIFIs are required to upload data on relief measures to the CIMS portal half-yearly.
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