Master Directions

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 The existing set of Master Circulars issued on various subjects will stand withdrawn with the issue of the Master Direction on the subject.

Financial Inclusion and Development
Aug 01, 2019
Master Direction – Priority Sector Lending – Small Finance Banks – Targets and ClassificationPDF document 463 kb
Jun 27, 2019
Master Direction - Regional Rural Banks - Priority Sector Lending – Targets and Classification (Updated as on June 18, 2019)PDF document 326 kb
Oct 17, 2018
Master Direction – Reserve Bank of India (Relief Measures by Banks in Areas affected by Natural Calamities) Directions 2018 – RRBsPDF document 279 kb
Master Direction – Reserve Bank of India (Relief Measures by Banks in Areas affected by Natural Calamities) Directions 2018 – SCBsPDF document 212 kb
Jul 24, 2017
Master Direction - Lending to Micro, Small & Medium Enterprises (MSME) Sector (Updated as on April 25, 2018)PDF document 408 kb
Jul 05, 2017
Master Direction – Reserve Bank of India (Relief Measures by banks in areas affected by Natural Calamities) Directions 2017PDF document 136 kb
Jul 07, 2016
Master Direction - Priority Sector Lending – Targets and Classification (Updated as on December 04, 2018)PDF document 458 kb


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