MUMBAI, India, July 31 -- Reserve Bank of India issued the following notification:
RBI/DoS/2026-27/450
DoS.CO.PPG.44/11.01.005/2026-27
July 31, 2026
Reserve Bank of India (Local Area Banks - Miscellaneous) Supervisory Directions, 2026
Table of Contents Chapter I - Preliminary A. Short Title and Commencement B. Applicability C. Definitions Chapter II - Fair Practices Code - Charging of Interest Chapter III - Inoperative Accounts / Unclaimed Deposits Chapter IV - Fraud Prevention Measures A. Frauds due to Collusion of the bank Officials B. Large Value Frauds C. Frauds by Deposit of Fake Title Deeds of Property D. Safe Custody of Critical Documents E. Accounts opened by Employees F. Other Instructions Chapter V - Protected Disclosure Sche...