RESERVE BANK OF INDIA (SMALL FINANCE BANKS - CONCURRENT AUDIT) DIRECTIONS, 2026TABLE OF CONTENTS

MUMBAI, India, July 31 -- Reserve Bank of India issued the following notification:

RBI/DoS/2026-27/418

DoS.CO.ARG.12/08.91.021/2026-27

July 31, 2026

Reserve Bank of India (Small Finance 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 and Senior Management 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 shortenin...