Regulatory Alerts2026-07-14
Added · Updated
Reserve Bank of India (Small Finance Banks – Governance) Amendment Directions, 2026
The Amendment Directions modify the Reserve Bank of India (Small Finance Banks – Governance) Directions, 2025, by deleting and reinserting Paragraph 29 of Chapter V as Paragraph 20A of Chapter IV to define Board oversight on risk management, related entity exposures, and corporate governance standards. Paragraphs 21, 28, 30, 31, 32, and 33 are deleted, and new Paragraphs 33A and 33B are inserted to specify that matters placed before the Board must align with Appendix I, II A, and II B, while establishing key principles for Board responsibility, agenda setting, and information requirements. These changes apply to Small Finance Banks and come into force on October 01, 2026.
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