The Reserve Bank of India (RBI), on November 28, 2025, issued the Reserve Bank of India (Urban Co-operative Banks – Know Your Customer) Directions, 2025.
The following has been stated:-
• Communication of the Order issued under Section 12A: The Order issued under Section 12A of the Act by the CNO relating to funds, financial assets, or economic resources or related services, shall be communicated to all nodal officers in the country.
• This order is issued in suppression of F.No.P-12011/14/2022-ES Cell-DOR, dated January 30, 2023.
• With the issue of these Directions, the existing Directions, instructions, and guidelines relating to Classification, Valuation and Operation of Investment Portfolio as applicable to Urban Cooperative Banks stand repealed, as communicated vide notification dated XX, 2025. The instructions and guidelines already repealed shall continue to remain repealed.
• Notwithstanding such repeal, any action taken or purported to have been taken, or initiated under the repealed Direction, instructions and guidelines shall continue to be governed by the provisions thereof. All approvals or acknowledgments granted under these repealed lists shall be deemed as governed by these Directions.
[Notification no. RBI/DOR/2025-26/291 DOR.AML.REC.No.210/14.01.006/2025-26]
