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 The existing set of Master Circulars issued on various subjects will stand withdrawn with the issue of the Master Direction on the subject.

Commercial Banks
Jul 31, 2026
Reserve Bank of India (Commercial Banks - Compliance Function) Directions, 2026	969 kb
Reserve Bank of India (Commercial Banks – Concurrent Audit) Directions, 2026	552 kb
Reserve Bank of India (Commercial Banks – Cybersecurity, Technology: Risk, Resilience and Assurance Framework) Directions, 2026	516 kb
Reserve Bank of India (Commercial Banks – Digital Payment Security Controls) Directions, 2026	404 kb
Reserve Bank of India (Commercial Banks – Fraud Risk Management) Directions, 2026	1145 kb
Reserve Bank of India (Commercial Banks - Internal Audit Function) Directions, 2026	737 kb
Reserve Bank of India (Commercial Banks – Statutory Audit) Directions, 2026	2306 kb
Reserve Bank of India (Commercial Banks – Supervisory Returns) Directions, 2026	966 kb
Reserve Bank of India (Commercial Banks – Miscellaneous) Supervisory Directions, 2026	477 kb
Small Finance Banks
Jul 31, 2026
Reserve Bank of India (Small Finance Banks - Compliance Function) Directions, 2026	972 kb
Reserve Bank of India (Small Finance Banks – Concurrent Audit) Directions, 2026	528 kb
Reserve Bank of India (Small Finance Banks - Cybersecurity, Technology: Risk, Resilience and Assurance Framework) Directions, 2026	491 kb
Reserve Bank of India (Small Finance Banks – Digital Payment Security Controls) Directions, 2026	384 kb
Reserve Bank of India (Small Finance Banks – Fraud Risk Management) Directions, 2026	1089 kb
Reserve Bank of India (Small Finance Banks - Internal Audit Function) Directions, 2026	770 kb
Reserve Bank of India (Small Finance Banks – Statutory Audit) Directions, 2026	2041 kb
Reserve Bank of India (Small Finance Banks - Supervisory Returns) Directions, 2026	841 kb
Reserve Bank of India (Small Finance Banks – Miscellaneous) Supervisory Directions, 2026	440 kb
Payments Banks
Jul 31, 2026
Reserve Bank of India (Payments Banks - Compliance Function) Directions, 2026	972 kb
Reserve Bank of India (Payments Banks – Concurrent Audit) Directions, 2026	509 kb
Reserve Bank of India (Payments Banks - Cybersecurity, Technology: Risk, Resilience and Assurance Framework) Directions, 2026	491 kb
Reserve Bank of India (Payments Banks – Digital Payment Security Controls) Directions, 2026	421 kb
Reserve Bank of India (Payments Banks – Fraud Risk Management) Directions, 2026	982 kb
Reserve Bank of India (Payments Banks - Internal Audit Function) Directions, 2026	770 kb
Reserve Bank of India (Payments Banks – Statutory Audit) Directions, 2026	1490 kb
Reserve Bank of India (Payments Banks - Supervisory Returns) Directions, 2026	675 kb
Reserve Bank of India (Payments Banks – Miscellaneous) Supervisory Directions, 2026	403 kb
Local Area Banks
Jul 31, 2026
Reserve Bank of India (Local Area Banks - Compliance Function) Directions, 2026	972 kb
Reserve Bank of India (Local Area Banks – Concurrent Audit) Directions, 2026	528 kb
Reserve Bank of India (Local Area Banks – Fraud Risk Management) Directions, 2026	1089 kb
Reserve Bank of India (Local Area Banks - Internal Audit Function) Directions, 2026	770 kb
Reserve Bank of India (Local Area Banks – Statutory Audit) Directions, 2026	2092 kb
Reserve Bank of India (Local Area Banks - Supervisory Returns) Directions, 2026	690 kb
Reserve Bank of India (Local Area Banks – Miscellaneous) Supervisory Directions, 2026	453 kb
Regional Rural Banks
Jul 31, 2026
Reserve Bank of India (Regional Rural Banks – Fraud Risk Management) Directions, 2026	1002 kb
Reserve Bank of India (Regional Rural Banks - Miscellaneous) Supervisory Directions, 2026	431 kb
Urban Co-operative Banks
Jul 31, 2026
Reserve Bank of India (Urban Co-operative Banks - Compliance Function) Directions, 2026	804 kb
Reserve Bank of India (Urban Co-operative Banks – Concurrent Audit) Directions, 2026	774 kb
Reserve Bank of India (Urban Co-operative Banks – Cybersecurity, Technology: Risk, Resilience and Assurance Framework) Directions, 2026	532 kb
Reserve Bank of India (Urban Co-operative Banks – Digital Payment Security Controls) Directions, 2026	445 kb
Reserve Bank of India (Urban Co-operative Banks – Fraud Risk Management) Directions, 2026	949 kb
Reserve Bank of India (Urban Co-operative Banks - Internal Audit Function) Directions, 2026	868 kb
Reserve Bank of India (Urban Co-operative Banks - Statutory Audit) Directions, 2026	894 kb
Reserve Bank of India (Urban Co-operative Banks - Supervisory Returns) Directions, 2026	857 kb
Reserve Bank of India (Urban Co-operative Banks - Miscellaneous) Supervisory Directions, 2026	445 kb
Rural Co-operative Banks
Jul 31, 2026
Reserve Bank of India (Rural Co-operative Banks – Fraud Risk Management) Directions, 2026	950 kb
Reserve Bank of India (Rural Co-operative Banks - Statutory Audit) Directions, 2026	892 kb
Reserve Bank of India (Rural Co-operative Banks - Miscellaneous) Supervisory Directions, 2026	420 kb
All India Financial Institutions
Jul 31, 2026
Reserve Bank of India (All India Financial Institutions – Cybersecurity, Technology: Risk, Resilience and Assurance Framework) Directions, 2026	511 kb
Reserve Bank of India (All India Financial Institutions – Fraud Risk Management) Directions, 2026	1079 kb
Reserve Bank of India (All India Financial Institutions - Supervisory Returns) Directions, 2026	716 kb
Reserve Bank of India (All India Financial Institutions - Miscellaneous) Supervisory Directions, 2026	482 kb
Non-Banking Financial Companies
Jul 31, 2026
Reserve Bank of India (Non-Banking Financial Companies - Compliance Function) Directions, 2026	747 kb
Reserve Bank of India (Non-Banking Financial Companies – Cybersecurity, Technology: Risk, Resilience and Assurance Framework) Directions, 2026	541 kb
Reserve Bank of India (Non-Banking Financial Companies – Digital Payment Security Controls) Directions, 2026	414 kb
Reserve Bank of India (Non-Banking Financial Companies– Fraud Risk Management) Directions, 2026	1077 kb
Reserve Bank of India (Non-Banking Financial Companies - Internal Audit Function) Directions, 2026	753 kb
Reserve Bank of India (Non-Banking Financial Companies - Statutory Audit) Directions, 2026	942 kb
Reserve Bank of India (Non-Banking Financial Companies - Supervisory Returns) Directions, 2026	761 kb
Reserve Bank of India (Non-Banking Financial Companies – Miscellaneous) Supervisory Directions, 2026	332 kb
Reserve Bank of India (Non-Banking Financial Companies - Auditor’s Report) Directions, 2026	600 kb
Asset Reconstruction Companies
Jul 31, 2026
Reserve Bank of India (Asset Reconstruction Companies - Supervisory Returns) Directions, 2026	611 kb
Credit Information Companies
Jul 31, 2026
Reserve Bank of India (Credit Information Companies – Cybersecurity, Technology: Risk, Resilience and Assurance Framework) Directions, 2026	503 kb
Reserve Bank of India (Credit Information Companies - Miscellaneous) Supervisory Directions, 2026	400 kb