On April 01, 2025, the Reserve Bank of India (“RBI”) issued an extensive series of regulatory communications comprising both Master Circulars and Master Directions (collectively the “Circulars”). These Circulars cover a wide range of subjects including prudential norms, compliance requirements, supervisory guidelines, and sector-specific regulatory frameworks applicable to various regulated entities.
The Circulars serve as a critical reference point for financial institutions, professionals, and other stakeholders to align with the latest regulatory expectations. A compendium of all such Circulars released on April 01, 2025, has been provided below for ready reference. The said set of documents is also available on the official website of the RBI.
- Master Circular – Exposure Norms and Statutory / Other Restrictions – UCBs (RBI/2025-26/19)
- Master Circular – Management of Advances – UCBs (RBI/2025-26/18)
- Master Circular – Housing Finance for UCBs (RBI/2025-26/17)
- Master Direction – Reserve Bank of India (Interest Rate on Deposits) Directions, 2025 (RBI/2025-26/134)
- Master Circular – Housing Finance (RBI/2025-26/16)
- Master Circular – Bank Finance to Non-Banking Financial Companies (NBFCs) (RBI/2025-26/15)
- Master Circular – Income Recognition, Asset Classification, Provisioning and Other Related Matters – UCBs (RBI/2025-26/14)
- Master Circular – Prudential norms on Income Recognition, Asset Classification and Provisioning pertaining to Advances (RBI/2025-26/13)
- Master Circular – Guarantees and Co-acceptances (RBI/2025-26/12)
- Master Circular – Guarantees, Co-acceptances & Letters of Credit – UCBs (RBI/2025-26/11)
- Master Direction – Facility for Exchange of Notes and Coins (RBI/2025-26/133)
- Reserve Bank of India (Classification, Valuation and Operation of the Investment Portfolio of Commercial Banks) Directions, 2023 (RBI/2025-26/10)
- Master Circular – Prudential Norms on Capital Adequacy – Primary (Urban) Co-operative Banks (UCBs) (RBI/2025-26/09)
- Master Direction on Counterfeit Notes, 2025 – Detection, Reporting and Monitoring (RBI/2025-26/132)
- Master Circular – Basel III Capital Regulations (RBI/2025-26/08)
- Master Circular on Board of Directors – UCBs (RBI/2025-26/07)
- Master Circular on Conduct of Government Business by Agency Banks – Payment of Agency Commission (RBI/2025-26/06)
- Master Circular – Disbursement of Government Pension by Agency Banks (RBI/2025-26/05)
- Master Direction – Scheme of Penalties for bank branches and currency chests for deficiency in rendering customer service to the members of public (RBI/DCM/2025-26/131)
- Master Direction on Penal Provisions in reporting of transactions / balances at Currency Chests (RBI/DCM/2025-26/130)
- Master Circular – Lead Bank Scheme (RBI/2025-26/04)
- Master Circular – Credit facilities to Scheduled Castes (SCs) & Scheduled Tribes (STs) (RBI/2025-26/03)
- Master Circular – Deendayal Antyodaya Yojana – National Rural Livelihoods Mission (DAY-NRLM) (RBI/2025-26/02)
- Master Circular on SHG-Bank Linkage Programme (RBI/2025-26/01)