MUMBAI, India, April 29 -- Reserve Bank of India issued the following notification:
RBI/2026-27/39
DOR.CRE.REC.29/07-03-005/2026-27
April 29, 2026
Reserve Bank of India (Urban Co-operative Banks - Concentration Risk Management) - Amendment Directions, 2026
Please refer to Reserve Bank of India (Urban Co-operative Banks - Concentration Risk Management) Directions, 2025 (hereinafter referred to as 'the Directions').
2. On a review and in exercise of the powers conferred by the Sections 21 and 35A, read with Section 56 of the Banking Regulation Act, 1949; and all other enabling provisions / laws in this regard, the Reserve Bank being satisfied that it is necessary and expedient in the public interest so to do, hereby issues the Amendment...