The Reserve Bank of India issued amendment directions for urban co-operative banks that modify the cash reserve ratio (CRR) and statutory liquidity ratio (SLR) framework and associated regulatory returns, with immediate effect. The changes align the 2025 CRR and SLR Directions with recent legislative and related regulatory updates, including by inserting references to “other development financial institutions” as defined in section 2 (cccii) of the Reserve Bank of India Act, 1934. The amendments also adjust specific reporting lines and templates, including revising Annex I (Form B) to update the list of development financial institutions referenced, inserting “IDBI Bank limited” in Annex II (Form I) and Annex III, adding a new reporting item for “Amount deposited with the Reserve Bank, under Standing Deposit Facility Scheme”, and amending certain form fields to specify that relevant percentages or parameters are “as notified by the Reserve Bank”.
Reserve Bank of India 2026-01-22
Reserve Bank of India amends urban co-operative banks CRR and SLR directions with revised DFI references and new Standing Deposit Facility reporting
The Reserve Bank of India amended directions for urban co-operative banks, modifying the cash reserve ratio and statutory liquidity ratio framework and regulatory returns, effective immediately. These changes align with recent legislative updates, adjust reporting templates, and include new references to development financial institutions and the Standing Deposit Facility Scheme.