MUMBAI, India, Aug. 6 -- Reserve Bank of India issued the following notification:
RBI/2026-2027/228
DOR.MCS.REC.No.198/01-01-038/2026-27
August 6, 2026
Reserve Bank of India (Rural Co-operative Banks - Responsible Business Conduct) Fourth Amendment Directions, 2026
Certain instructions on matters related to engagement of recovery agents by Rural Co-operative Banks (RCBs) have been issued to RCBs under the Reserve Bank of India (Rural Co-operative Banks - Responsible Business Conduct) Directions, 2025. The extant instructions have since been reviewed and it has been decided to issue comprehensive instructions on conduct related matters in recovery of loan dues and engagement of recovery agencies to all RCBs (hereinafter referred to coll...