The Reserve Bank of India has withdrawn its Master Circular on Deendayal Antyodaya Yojana – National Urban Livelihoods Mission (DAY-NULM) and other related circulars for all scheduled commercial banks and small finance banks, following the official conclusion of the DAY-NULM scheme. The withdrawal takes effect from 1 October 2024 and covers the 5 April 2021 master circular alongside seven earlier circulars issued between 2014 and 2019. Banks are no longer required to submit the returns prescribed under the withdrawn circulars.
2025-05-21Reserve Bank of India
Reserve Bank of India withdraws DAY-NULM master circular and ends related bank reporting requirements
The Reserve Bank of India has withdrawn its Master Circular on Deendayal Antyodaya Yojana – National Urban Livelihoods Mission (DAY-NULM) and related circulars for scheduled commercial and small finance banks, following the scheme's conclusion. This withdrawal, effective 1 October 2024, includes the 5 April 2021 master circular and seven earlier circulars from 2014 to 2019. Banks are no longer required to submit returns under these circulars.