The extant instructions require Urban Co-operative Banks (UCBs) to maintain, on a continuous basis, a minimum level of IFR, computed in terms of the portion of their investment portfolio subject to mark-to-market requirements. Taking note of the operational challenges faced by UCBs in maintaining IFR above the regulatory threshold on a continuous basis as well as of the differences in the prudential frameworks applicable across various bank categories, the Reserve Bank has comprehensively reviewed the extant instructions. Accordingly, Draft Amendment Directions have been issued for public comments. Additional comments or any attachments may also be submitted by email at mrgdor@rbi.org.in Last date for submission of comments is April 29, 2026. Draft Amendment Directions |