Posted inRBI Announcements
RBI Sets New Rules for Local Area Bank Assets
RBI issues new prudential norms for local area bank stressed assets, covering valuation, disposal, and disclosure of seized immovable properties.
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.
Posted inRBI Announcements
RBI LAB Digital Banking Fraud Protection Rules 2026
RBI issues new digital banking fraud protection rules for Local Area Banks, effective January 2027, covering liability, alerts, and compensation.