The Reserve Bank has reviewed, harmonized and consolidated the instructions on control / assurance functions, namely, Compliance and Internal Audit, and the draft Reserve Bank of India (Local Area Banks - Governance) Second Amendment Directions, 2026 have been issued today for public consultation. Additional comments or attachments may also be submitted by email at feedbackgovbanksdor@rbi.gov.in Last date for submission of the comments is July 9, 2026. Draft Amendment Directions |