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 The existing set of Master Circulars issued on various subjects will stand withdrawn with the issue of the Master Direction on the subject.

All India Financial Institutions
Nov 28, 2025
Reserve Bank of India (All India Financial Institutions – Undertaking of Financial Services) Directions, 2025	366 kb
Reserve Bank of India (All India Financial Institutions – Prudential Norms on Capital Adequacy) Directions, 2025	2247 kb
Reserve Bank of India (All India Financial Institutions– Resource Raising Norms) Directions, 2025	296 kb
Reserve Bank of India (All India Financial Institutions – Credit Facilities) Directions, 2025	457 kb
Reserve Bank of India (All India Financial Institutions – Credit Information Reporting) Directions, 2025	839 kb
Reserve Bank of India (All India Financial Institutions – Credit Risk Management) Directions, 2025	318 kb
Reserve Bank of India (All India Financial Institutions – Concentration Risk Management) Directions, 2025	565 kb
Reserve Bank of India (All India Financial Institutions – Transfer and Distribution of Credit Risk) Directions, 2025	506 kb
Reserve Bank of India (All India Financial Institutions – Securitisation Transactions) Directions, 2025	455 kb
Reserve Bank of India (All India Financial Institutions – Classification, Valuation and Operation of Investment Portfolio) Directions, 2025	513 kb
Reserve Bank of India (All India Financial Institutions – Asset Liability Management) Directions, 2025	580 kb
Reserve Bank of India (All India Financial Institutions – Income Recognition, Asset Classification and Provisioning) Directions, 2025	476 kb
Reserve Bank of India (All India Financial Institutions – Resolution of Stressed Assets) Directions, 2025	493 kb
Reserve Bank of India (All India Financial Institutions – Treatment of Wilful Defaulters and Large Defaulters) Directions, 2025	460 kb
Reserve Bank of India (All India Financial Institutions – Financial Statements: Presentation and Disclosures) Directions, 2025	733 kb
Reserve Bank of India (All India Financial Institutions – Know Your Customer) Directions, 2025	672 kb
Reserve Bank of India (All India Financial Institutions – Responsible Business Conduct) Directions, 2025	287 kb
Reserve Bank of India (All India Financial Institutions – Managing Risks in Outsourcing) Directions, 2025	348 kb
Reserve Bank of India (All India Financial Institutions – Miscellaneous) Directions, 2025	261 kb