The Reserve Bank of India has amended its Credit Risk Management Directions for All India Financial Institutions to require credit assessments to suitably factor in the possible impact of calamities on borrowers affected by such events. The change inserts a new Chapter II-A on Credit Risk Evaluation, follows a related amendment to the framework for resolution of stressed assets, and takes effect on July 1, 2026.
Reserve Bank of India 2026-04-29
Reserve Bank of India requires all India financial institutions to factor calamity impacts into credit risk assessments
The Reserve Bank of India has amended its Credit Risk Management Directions for All India Financial Institutions to require credit assessments to factor in the possible impact of calamities on affected borrowers. The change, which inserts a new Chapter II-A on Credit Risk Evaluation and follows a related amendment to the framework for resolution of stressed assets, will take effect on July 1, 2026.