What changed in Jul 2026

95 circular(s) published, 264 legal-status change(s), 5 penalty order(s) — a once-a-month catch-up for anyone who does not check BankPulse daily.

New circulars this month

Showing the 30 most recent of 95. Browse the full circular archive.

Legal-status changes this month

• Superseded: Open positions of Authorised Dealer Category-I banks
• Confirmed still in force: ECB Access for Multi-State Co-operative Societies
• Superseded: PMRY Loan Disbursement Deadline Extended to August 31, 2005
• Confirmed still in force: RBI Amends Pension Disbursement Rules for Agency Banks
• Withdrawn: RBI to Auction ₹13,600 Crore State Government Securities on June 30
• Withdrawn: PMRY loan disbursement deadline extended for Assam due to floods
• Confirmed still in force: Bank of Punjab removed from RBI Schedule II
• Superseded: Monthly Returns Mandated for Large NBFCs Not Taking Public Deposits
• Confirmed still in force: 7-Day VRR Auction: June 23, 2026 Results
• Superseded: RBI Updates Rules
• Confirmed still in force: RBI mandates compensation for delayed bond interest/principal payments
• Confirmed still in force: RBI Tightens Customer Liability Rules for Unauthorised EBTs (Applicable from Jan 1, 2027)
• Confirmed still in force: Revised Application Form for Voluntary Surrender of NBFC CoR
• Confirmed still in force: RBI Tightens Agency and Referral Rules for Small Finance Banks
• Superseded: Currency Chest Shortages: RBI Tightens Internal Control Norms
• Superseded: FDI Liberalised in Petroleum & Domestic Airlines
• Confirmed still in force: Vyas Committee Recommendations on Agri Credit Flow
• Withdrawn: Master Circular on Micro Credit: SHG-Bank Linkage
• Withdrawn: RBI Flood Relief: Higher Consumption Loans for Maharashtra
• Superseded: Master Circular on Lending to SSI Sector (2005)
• Withdrawn: Master Circular on NRO Accounts: Key Rules for Banks (July 1, 2006)
• Withdrawn: Master Circular: Miscellaneous Remittances from India – Facilities for Residents
• Confirmed still in force: SFB Credit Lines via UPI: Prudential Norms Clarified
• Confirmed still in force: RBI Draft Master Direction on Call, Notice & Term Money Markets
• Withdrawn: PMRY Milch Animal Disbursement Deadline Extended to Nov 30, 2006
• Confirmed still in force: RBI Bulletin June 2026: Economy Grows 7.8% in Q4
• Confirmed still in force: RBI's Kisan Credit Card Directions for Commercial Banks (Effective Jan 1, 2027)
• Superseded: RRBs: Preferential Margins for Hallmarked Gold Loans
• Confirmed still in force: RBI Cracks Down on Multiple Bond Ledger Accounts
• Superseded: PMRY Loan Sanction Lapse Date Extended to July 31, 2005
• Withdrawn: Exim Bank's USD 50 Million Line of Credit to Chad
• Confirmed still in force: CRR Exemption for StCBs and RRBs on Select Liabilities
• Superseded: Gold Loan Tenor Extended to 240 Days for Jewellery Exporters
• Superseded: Priority Sector Lending: Power Distribution Cos Now Eligible
• Superseded: RBI advises banks to consider hallmarked gold jewellery for advances
• Confirmed still in force: RBI TReDS Master Direction 2026: Key Changes for MSME Financing
• Confirmed still in force: Exim Bank's USD 10 Mn Line of Credit to BMCE Bank, Morocco
• Superseded: RBI Notifies FEMA Amendments on Foreign Investments and Derivatives
• Withdrawn: RBI Tightens Non-Bank Access to Call/Notice Money Market
• Superseded: PPF Scheme 1968: Clarifications on Juristic Person Accounts

RBI penalties this month

5 penalty order(s) tracked, ₹68.85 lakh disclosed in total.

• Bank of Baroda — ₹63.6 lakh (details)
• GIC Housing Finance Limited — ₹3.1 lakh (details)
• Dharmavir Sambhaji Urban Cooperative Bank Ltd., Pune, Maharashtra — ₹10,000 (details)
• The N.E. & E.C. Railway Employees’ Multi-State Primary Co-operative Bank Ltd, Gorakhpur — ₹1.05 lakh (details)
• Nirmal Urban Co-operative Bank Ltd., Nagpur, Maharashtra — ₹1 lakh (details)