The Reserve Bank of India (RBI), on November 28, 2025, issued the Reserve Bank of India (Urban Co-operative Banks – Miscellaneous) Directions, 2025.
The following has been stated:-
• Chapter II, which states, “Role of the Board”
• Board Approved Policy: A bank shall have a Board-approved policy for ‘Mandatory Leave’ as specified in paragraph 48 of these Directions and the same shall be periodically reviewed and updated
• Key Responsibilities: The Board shall decide whether to extend ATM facility to Kisan Credit Card holders, as per provisions of paragraph 31 of these Directions.
• A bank may refer to the Scheme notified in the Official Gazette on May 24, 2014 for other details. If any issue arises in the interpretation of the provisions of the Scheme, the matter shall be referred to RBI, and the decision of RBI thereon shall be final.
[Notification no. RBI/DoR/2025-26/294 DoR.SOG(SPE).REC.No.213/13-04-001/2025-26]
