The Reserve Bank of India (RBI) on March 16, 2026, issued the Reserve Bank of India (Rural Co-operative Banks – Financial Statements: Presentation and Disclosures) – Second Amendment Directions, 2026, to further amend the Reserve Bank of India (Rural Co-operative Banks – Financial Statements: Presentation and Disclosures) Directions, 2025.
The amendment modifies disclosure requirements by mandating that banks must explicitly state in their annual reports whether the DICGC insurance premium has been paid within prescribed timelines, and if not, the delay shall also be disclosed. This change has been introduced following the implementation of the Risk-Based Premium (RBP) Framework (February 6, 2026) by DICGC, aiming to enhance transparency and accountability in financial reporting.
The amendment will come into force from April 01, 2026.
[Notification no. - RBI/DOR/2025-26/249 DOR.ACC.REC.No.444/21.04.018/2025-26]
