Regulatory Alerts2026-09-02
Added · Updated
Reserve Bank of India (Urban Co-operative Banks – Classification, Valuation, and Operation of Investment Portfolio) Second Amendment Directions, 2026
The directions amend the 2025 Investment Portfolio Directions to permit Urban Co-operative Banks to hold equity shares of the Indian Digital Payment Intelligence Corporation (IDPIC) for the purpose of acquiring membership. Paragraph 101.(5) is substituted to include IDPIC alongside the Umbrella Organization of the UCB sector. Paragraph 107.(1) is substituted to allow holdings of IDPIC equity shares alongside Market Infrastructure Companies, the UCB Umbrella Organization, and CCBs or StCBs when necessary for membership acquisition. These changes take effect from the date of issue.
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