MUMBAI, India, July 31 -- Reserve Bank of India issued the following notification:
RBI/DoS/2026-27/427
DoS.CO.ARG.21/08.91.021/2026-27
July 31, 2026
Reserve Bank of India (Payments Banks - Concurrent Audit) Directions, 2026
Table of Contents Chapter I - Preliminary A. Short Title and Commencement B. Applicability C. Definitions Chapter II - Governance and Oversight A. Role of the Board Chapter III - Guidelines for Concurrent Audit A. Coverage B. Appointment of Concurrent Auditors C. Accountability D. Tenure E. Remuneration F. Reporting System Chapter IV - Repeal and Other Provisions A. Repeal and Saving B. Application of Other Laws Not barred C. Interpretations Introduction
Concurrent audit aims at shortening the interval between a tr...