2026-05-18
Added · Updated
Paragraph 115.(1) of the Reserve Bank of India (Rural Co-operative Banks - Classification, Valuation, and Operation of Investment Portfolio) Directions, 2025, is substituted to require Rural Co-operative Banks (RCBs) to maintain an Investment Fluctuation Reserve (IFR) of not less than 5 per cent of their investment portfolio classified under the Current Category. This minimum requirement is assessed annually and computed with reference to the book value of investments in the Current Category as of the balance sheet date. The Amendment Directions, 2026, come into effect from the date of issue.
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