MUMBAI, India, July 16 -- Reserve Bank of India issued the following notification:
RBI/2026-27/195
DOR.STR.REC.160/21-04-048/2026-27
July 16, 2026
Reserve Bank of India (Commercial Banks - Income Recognition, Asset Classification and Provisioning) Second Amendment Directions, 2026
Please refer to Reserve Bank of India (Commercial Banks - Resolution of Stressed Assets) Third Amendment Directions, 2026 dated July 16, 2026.
2. Consequent to the aforesaid Amendment Directions, in exercise of the powers conferred by the sections 21 and 35A of the Banking Regulation Act, 1949 and all other laws enabling the Reserve Bank in this regard, the Reserve Bank being satisfied that it is necessary and expedient in the public interest so to do, hereb...