MUMBAI, India, April 30 -- Reserve Bank of India issued the following notification:

RBI/DGBA/2026-27/400

CO.DGBA.GBD.No.S44/31.02.007/2026-27

April 30, 2026

Reserve Bank of India [Conduct of Government Business by Agency Banks (ABs) - Payment of Agency Commission and Oversight of ABs] Directions, 2026

Table of Contents Chapter I: Preliminary A. Short Title and Commencement B. Applicability Chapter II: Agency Business Arrangement - Appointment of ABs Chapter III: Payment of Agency Commission for Conduct of Government Business by ABs A. Government transactions eligible for Agency Commission B. Government transactions not eligible for Agency Commission C. Transactions related to various Government Schemes D. Reporting of transactions by...