MUMBAI, India, July 31 -- Reserve Bank of India issued the following notification:
RBI/DoS/2026-27/430
DoS.CO.FMG.24/23.04.001/2026-27
July 31, 2026
Reserve Bank of India (Payments Banks - Fraud Risk Management) Directions, 2026
Table of Contents Chapter I - Preliminary A. Short Title and Commencement B. Applicability C. Definitions Chapter II - Governance and Oversight A. Governance Structure for Fraud Risk Management Chapter III - Early Detection of Frauds - Framework for Early Warning Signals and Red Flagging of Accounts A. Governance Structure B. Early Warning Signals Framework for Banking Transactions Chapter IV - General Instructions A. Independent Confirmation from Third-party Service Providers including Professionals B. Staff ...