The Reserve Bank of India issued the Payments Banks – Cash Reserve Ratio and Statutory Liquidity Ratio Amendment Directions, 2026, updating its 2025 framework for payments banks with immediate effect. The changes align the directions with recent amendments to banking laws and related rules and regulations. The amendments expand and update references to development financial institutions, including by inserting “other development financial institutions” (as defined in section 2(cccii) of the Reserve Bank of India Act, 1934) into paragraph 19(1). They also revise reporting templates in Annex I (Form A) and Annex II (Form VIII) to reflect updated lists of institutions, replace “specified” with “notified” (and delete “from time to time”), and add a new reporting item for “Amount deposited with the Reserve Bank, under Standing Deposit Facility Scheme”.
Reserve Bank of India 2026-01-22
Reserve Bank of India amends payments banks CRR and SLR directions to update DFI references and reporting forms
The Reserve Bank of India has issued the Payments Banks – Cash Reserve Ratio and Statutory Liquidity Ratio Amendment Directions, 2026, updating its 2025 framework to align with recent banking law amendments. Key changes include expanded references to development financial institutions, revised reporting templates, and a new reporting item for deposits under the Standing Deposit Facility Scheme.