What changed
The RBI has issued the Reserve Bank of India (Urban Co-operative Banks – Cash Reserve Ratio and Statutory Liquidity Ratio) Directions, 2025, updated as on June 8, 2026, covering definitions, apportionment procedures, and reporting requirements.
What it means for you
These changes will impact Urban Co-operative Banks in terms of their CRR and SLR maintenance, reporting, and compliance with RBI regulations. Banks must ensure they adhere to the updated directions to avoid penalties.
What you must do
- Review and update CRR and SLR maintenance procedures
- Apportion savings bank deposits into demand and time liabilities
- Report CRR and SLR to RBI under specified statutory returns
- Comply with revised definitions and procedures
Who it affects
Urban Co-operative Banks (Primary Co-operative Banks)
What is the effective date of the updated directions?
The directions come into force with immediate effect (issued November 28, 2025, updated as on June 8, 2026).
What are the reporting requirements for CRR and SLR?
CRR is reported via Form B Return for Scheduled Co-operative Banks and Form I Return for non-scheduled Co-operative Banks. SLR is reported via Form I Return for all Co-operative Banks.