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 The existing set of Master Circulars issued on various subjects will stand withdrawn with the issue of the Master Direction on the subject.

Commercial Banks
Jul 31, 2026
Reserve Bank of India (Commercial Banks - Compliance Function) Directions, 2026	970 kb
Reserve Bank of India (Commercial Banks – Concurrent Audit) Directions, 2026	550 kb
Reserve Bank of India (Commercial Banks – Cybersecurity, Technology: Risk, Resilience and Assurance Framework) Directions, 2026	510 kb
Reserve Bank of India (Commercial Banks – Digital Payment Security Controls) Directions, 2026	403 kb
Reserve Bank of India (Commercial Banks – Fraud Risk Management) Directions, 2026	1144 kb
Reserve Bank of India (Commercial Banks - Internal Audit Function) Directions, 2026	743 kb
Reserve Bank of India (Commercial Banks – Statutory Audit) Directions, 2026	2294 kb
Reserve Bank of India (Commercial Banks – Supervisory Returns) Directions, 2026	971 kb
Reserve Bank of India (Commercial Banks – Miscellaneous) Supervisory Directions, 2026	474 kb
Small Finance Banks
Jul 31, 2026
Reserve Bank of India (Small Finance Banks - Compliance Function) Directions, 2026	968 kb
Reserve Bank of India (Small Finance Banks – Concurrent Audit) Directions, 2026	526 kb
Reserve Bank of India (Small Finance Banks - Cybersecurity, Technology: Risk, Resilience and Assurance Framework) Directions, 2026	481 kb
Reserve Bank of India (Small Finance Banks – Digital Payment Security Controls) Directions, 2026	378 kb
Reserve Bank of India (Small Finance Banks – Fraud Risk Management) Directions, 2026	1084 kb
Reserve Bank of India (Small Finance Banks - Internal Audit Function) Directions, 2026	767 kb
Reserve Bank of India (Small Finance Banks – Statutory Audit) Directions, 2026	2028 kb
Reserve Bank of India (Small Finance Banks - Supervisory Returns) Directions, 2026	836 kb
Reserve Bank of India (Small Finance Banks – Miscellaneous) Supervisory Directions, 2026	434 kb
Payments Banks
Jul 31, 2026
Reserve Bank of India (Payments Banks - Compliance Function) Directions, 2026	968 kb
Reserve Bank of India (Payments Banks – Concurrent Audit) Directions, 2026	503 kb
Reserve Bank of India (Payments Banks - Cybersecurity, Technology: Risk, Resilience and Assurance Framework) Directions, 2026	482 kb
Reserve Bank of India (Payments Banks – Digital Payment Security Controls) Directions, 2026	420 kb
Reserve Bank of India (Payments Banks – Fraud Risk Management) Directions, 2026	978 kb
Reserve Bank of India (Payments Banks - Internal Audit Function) Directions, 2026	767 kb
Reserve Bank of India (Payments Banks – Statutory Audit) Directions, 2026	1481 kb
Reserve Bank of India (Payments Banks - Supervisory Returns) Directions, 2026	675 kb
Reserve Bank of India (Payments Banks – Miscellaneous) Supervisory Directions, 2026	398 kb
Local Area Banks
Jul 31, 2026
Reserve Bank of India (Local Area Banks - Compliance Function) Directions, 2026	968 kb
Reserve Bank of India (Local Area Banks – Concurrent Audit) Directions, 2026	526 kb
Reserve Bank of India (Local Area Banks – Fraud Risk Management) Directions, 2026	1084 kb
Reserve Bank of India (Local Area Banks - Internal Audit Function) Directions, 2026	766 kb
Reserve Bank of India (Local Area Banks – Statutory Audit) Directions, 2026	2087 kb
Reserve Bank of India (Local Area Banks - Supervisory Returns) Directions, 2026	688 kb
Reserve Bank of India (Local Area Banks – Miscellaneous) Supervisory Directions, 2026	447 kb
Regional Rural Banks
Jul 31, 2026
Reserve Bank of India (Regional Rural Banks – Fraud Risk Management) Directions, 2026	1002 kb
Reserve Bank of India (Regional Rural Banks - Miscellaneous) Supervisory Directions, 2026	434 kb
Urban Co-operative Banks
Jul 31, 2026
Reserve Bank of India (Urban Co-operative Banks - Compliance Function) Directions, 2026	802 kb
Reserve Bank of India (Urban Co-operative Banks – Concurrent Audit) Directions, 2026	771 kb
Reserve Bank of India (Urban Co-operative Banks – Cybersecurity, Technology: Risk, Resilience and Assurance Framework) Directions, 2026	521 kb
Reserve Bank of India (Urban Co-operative Banks – Digital Payment Security Controls) Directions, 2026	439 kb
Reserve Bank of India (Urban Co-operative Banks – Fraud Risk Management) Directions, 2026	945 kb
Reserve Bank of India (Urban Co-operative Banks - Internal Audit Function) Directions, 2026	865 kb
Reserve Bank of India (Urban Co-operative Banks - Statutory Audit) Directions, 2026	894 kb
Reserve Bank of India (Urban Co-operative Banks - Supervisory Returns) Directions, 2026	857 kb
Reserve Bank of India (Urban Co-operative Banks - Miscellaneous) Supervisory Directions, 2026	440 kb
Rural Co-operative Banks
Jul 31, 2026
Reserve Bank of India (Rural Co-operative Banks – Fraud Risk Management) Directions, 2026	954 kb
Reserve Bank of India (Rural Co-operative Banks - Statutory Audit) Directions, 2026	893 kb
Reserve Bank of India (Rural Co-operative Banks - Miscellaneous) Supervisory Directions, 2026	419 kb
All India Financial Institutions
Jul 31, 2026
Reserve Bank of India (All India Financial Institutions – Cybersecurity, Technology: Risk, Resilience and Assurance Framework) Directions, 2026	516 kb
Reserve Bank of India (All India Financial Institutions – Fraud Risk Management) Directions, 2026	1078 kb
Reserve Bank of India (All India Financial Institutions - Supervisory Returns) Directions, 2026	718 kb
Reserve Bank of India (All India Financial Institutions - Miscellaneous) Supervisory Directions, 2026	485 kb
Non-Banking Financial Companies
Jul 31, 2026
Reserve Bank of India (Non-Banking Financial Companies - Compliance Function) Directions, 2026	749 kb
Reserve Bank of India (Non-Banking Financial Companies – Cybersecurity, Technology: Risk, Resilience and Assurance Framework) Directions, 2026	539 kb
Reserve Bank of India (Non-Banking Financial Companies – Digital Payment Security Controls) Directions, 2026	413 kb
Reserve Bank of India (Non-Banking Financial Companies – Fraud Risk Management) Directions, 2026	1078 kb
Reserve Bank of India (Non-Banking Financial Companies - Internal Audit Function) Directions, 2026	759 kb
Reserve Bank of India (Non-Banking Financial Companies - Statutory Audit) Directions, 2026	948 kb
Reserve Bank of India (Non-Banking Financial Companies - Supervisory Returns) Directions, 2026	762 kb
Reserve Bank of India (Non-Banking Financial Companies – Miscellaneous) Supervisory Directions, 2026	334 kb
Reserve Bank of India (Non-Banking Financial Companies - Auditor’s Report) Directions, 2026	602 kb
Asset Reconstruction Companies
Jul 31, 2026
Reserve Bank of India (Asset Reconstruction Companies - Supervisory Returns) Directions, 2026	614 kb
Credit Information Companies
Jul 31, 2026
Reserve Bank of India (Credit Information Companies – Cybersecurity, Technology: Risk, Resilience and Assurance Framework) Directions, 2026	499 kb
Reserve Bank of India (Credit Information Companies - Miscellaneous) Supervisory Directions, 2026	404 kb