The Reserve Bank of India (RBI) on October 23, 2026, has issued the Reserve Bank of India (Commercial Banks – Forthcoming Instructions) Second Amendment Directions, 2026, amending the Directions dated November 28, 2025, concerning minimum capital requirements for operational risk. The amendment specifies the implementation date of the Basel III Standardised Approach (Basel III SA) for determining regulatory capital requirements for operational risk, in line with the revised Basel III capital adequacy framework scheduled to come into effect from April 01, 2027, for commercial banks, excluding Small Finance Banks, Payment Banks and Regional Rural Banks.
The amendment also provides an indicative mapping of the components of the Business Indicator (BI) to the relevant schedules and line items of financial statements and incorporates additional clarifications issued by the Basel Committee on Banking Supervision. These changes aim to facilitate implementation of the revised operational risk capital framework by the applicable commercial banks.
https://www.rbi.org.in/scripts/NotificationUser.aspx?Id=13744&Mode=0
[Press Release: 2026-2027/1380]
