The Reserve Bank of India has started issuing Master Directions on all regulatory matters beginning January 2016. The Master Directions consolidate instructions on rules and regulations framed by the Reserve Bank under various Acts including banking issues and foreign exchange transactions. The process of issuing Master Directions involves issuing one Master Direction for each subject matter covering all instructions on that subject. Any change in the rules, regulation or policy is communicated during the year by way of circulars/press releases. The Master Directions will be updated suitably and simultaneously whenever there is a change in the rules/regulations or there is a change in the policy. All the changes will get reflected in the Master Directions available on the RBI website along with the dates on which changes are made. Explanations of rules and regulations will be issued by way of Frequently Asked Questions (FAQs) after issue of the Master Directions in easy to understand language wherever necessary. The existing set of Master Circulars issued on various subjects will stand withdrawn with the issue of the Master Direction on the subject.

Local Area Banks
Nov 28, 2025
Reserve Bank of India (Local Area Banks – Acquisition and Holding of Shares or Voting Rights) Directions, 2025	300 kb
Reserve Bank of India (Local Area Banks – Voluntary Amalgamation) Directions, 2025	300 kb
Reserve Bank of India (Local Area Banks – Branch Authorisation) Directions, 2025	300 kb
Reserve Bank of India (Local Area Banks – Digital Banking Channels Authorisation) Directions, 2025	300 kb
Reserve Bank of India (Local Area Banks – Governance) Directions, 2025	300 kb
Reserve Bank of India (Local Area Banks – Cash Reserve Ratio and Statutory Liquidity Ratio) Directions, 2025	300 kb
Reserve Bank of India (Local Area Banks – Prudential Norms on Capital Adequacy) Directions, 2025	300 kb
Reserve Bank of India (Local Area Banks – Interest Rate on Deposits) Directions, 2025	300 kb
Reserve Bank of India (Local Area Banks – Credit Facilities) Directions, 2025	300 kb
Reserve Bank of India (Local Area Banks – Debit Cards: Issuance and Conduct) Directions, 2025	300 kb
Reserve Bank of India (Local Area Banks – Credit Information Reporting) Directions, 2025	300 kb
Reserve Bank of India (Local Area Banks – Credit Risk Management) Directions, 2025	300 kb
Reserve Bank of India (Local Area Banks – Concentration Risk Management) Directions, 2025	300 kb
Reserve Bank of India (Local Area Banks – Transfer and Distribution of Credit Risk) Directions, 2025	300 kb
Reserve Bank of India (Local Area Banks – Interest Rates on Advances) Directions, 2025	300 kb
Reserve Bank of India (Local Area Banks – Classification, Valuation and Operation of Investment Portfolio) Directions, 2025	300 kb
Reserve Bank of India (Local Area Banks – Asset Liability Management) Directions, 2025	300 kb
Reserve Bank of India (Local Area Banks – Income Recognition, Asset Classification and Provisioning) Directions, 2025	300 kb
Reserve Bank of India (Local Area Banks – Resolution of Stressed Assets) Directions, 2025	300 kb
Reserve Bank of India (Local Area Banks – Treatment of Wilful Defaulters and Large Defaulters) Directions, 2025	300 kb
Reserve Bank of India (Local Area Banks – Financial Statements: Presentation and Disclosures) Directions, 2025	300 kb
Reserve Bank of India (Local Area Banks – Prudential Norms on Declaration of Dividends) Directions, 2025	300 kb
Reserve Bank of India (Local Area Banks – Know Your Customer) Directions, 2025	300 kb
Reserve Bank of India (Local Area Banks – Responsible Business Conduct) Directions, 2025	300 kb
Reserve Bank of India (Local Area Banks – Managing Risks in Outsourcing) Directions, 2025	300 kb
Reserve Bank of India (Local Area Banks – Miscellaneous) Directions, 2025	300 kb