Posted inRBI Announcements
RBI Amends Deposit Interest Rate Directions 2026
RBI issues final deposit interest rate amendment directions for all bank categories, effective October 1, 2026.
Posted inRBI Announcements
RBI Tightens Income Rules for Small Finance Banks
RBI updates small finance bank income rules for SNFAs, effective October 1, 2026, requiring reversal of unrealised interest income by September 2027.
Posted inRBI Announcements
RBI Tightens Income Rules for Urban Co-op Banks
RBI's new urban cooperative bank income rules ban recognising unrealised interest from SNFAs, effective October 1, 2026.
Posted inRBI Announcements
RBI Updates IRACP Rules for Rural Co-op Banks
RBI updates IRACP rules for rural co-operative banks, changing how income from Specified Non-Financial Assets must be recognised from October 2026.
Posted inRBI Announcements
RBI Extends Irinjalakuda Co-op Bank Directions
RBI extends directions on Irinjalakuda Town Co-operative Bank, Kerala by three months until October 30, 2026.
Posted inRBI Announcements
RBI Fines Baria Sahakari Bank ₹1 Lakh
RBI fined Shri Baria Nagarik Sahakari Bank ₹1 lakh for failing to conduct internal audits for two years.
Posted inRBI Announcements
RBI Fines Rajnandgaon Co-op Bank ₹1 Lakh
RBI imposed a ₹1 lakh penalty on Rajnandgaon Kendriya Sahakari Bank for paying additional interest to ineligible depositors.
Posted inRBI Announcements
RBI Fines Arvind Sahakari Bank ₹11 Lakh
RBI imposed an ₹11 lakh penalty on Arvind Sahakari Bank, Katol, for violating housing finance and deposit interest rate norms.
Posted inRBI Announcements
RBI Extends Suri Friends Union Bank Directions
RBI extends Suri Friends Union Co-operative Bank directions by 3 months to October 22, 2026, subject to review.
Posted inRBI Announcements
RBI Updates Income Rules for Local Area Banks
RBI has updated income recognition rules for Local Area Banks on SNFAs, effective October 1, 2026, with a reversal deadline of September 30, 2027.