MUMBAI, India, July 16 -- Reserve Bank of India issued the following notification:
RBI/2026-27/200
DOR.STR.REC.165/21-04-048/2026-27
July 16, 2026
Reserve Bank of India (Rural Co-operative Banks - Income Recognition, Asset Classification and Provisioning) Third Amendment Directions, 2026
Please refer to Reserve Bank of India (Rural Co-operative Banks - Resolution of Stressed Assets) Second Amendment Directions, 2026 dated July 16, 2026.
2. Consequent to the aforesaid Amendment Directions, in, in exercise of the powers conferred by the sections 21, 35A and 56 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...