India, Feb. 10 -- Pursuant to the announcements made in the Statement on Developmental and Regulatory Policies dated February 6, 2026, the Reserve Bank of India has released draft Amendment Directions for public consultation, proposing changes to the existing regulatory framework for Urban Co-operative Banks (UCBs).
The draft directions issued by the Department of Regulation include:
RBI (Urban Co-operative Banks – Concentration Risk Management) Amendment Directions, 2026
RBI (Urban Co-operative Banks – Credit Facilities) Amendment Directions, 2026
RBI (Urban Co-operative Banks – Financial Statements: Presentation and Disclosures) Second Amendment Directions, 2026
The proposed amendments seek to rationalise the defini...