The Reserve Bank of India (RBI) on July 31, 2026, issued the Reserve Bank of India (Commercial Banks – Miscellaneous) Supervisory Directions, 2026.
The following has been stated: -
•The Reserve Bank of India (RBI) issued the Commercial Banks - Miscellaneous Supervisory Directions, 2026, to establish comprehensive regulatory guidelines across key operational areas.
•Applicable to commercial banks, the directions mandate providing high-level 'read-only' IT access to RBI officers and enforce strict monitoring of fund utilization to prevent diversion.
•It details a Prompt Corrective Action (PCA) framework based on capital, asset quality, and leverage metrics, while prohibiting unfair interest-charging practices.
•Additionally, the document outlines requirements for managing inoperative accounts, expanding nomination facilities, and implementing robust fraud prevention and vigilance measures.
These Directions shall come into effect immediately upon issuance.
The detailed directions are given in the document below.
[Notification No. RBI/DoS/2026-27/416 DoS.CO.PPG.10/11.01.005/2026-27]
