RBI Amendment to Rural Co-operative Banks Financial Statement Disclosures

India RBI Notifications

Published April 1st, 2026

Detected March 24th, 2026

Summary

The Reserve Bank of India has issued second amendment directions for rural co-operative banks regarding financial statement disclosures. These amendments modify the requirements for disclosing payments of DICGC insurance premiums, effective April 1, 2026.

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What changed

The Reserve Bank of India (RBI) has issued the 'Reserve Bank of India (Rural Co-operative Banks – Financial Statements: Presentation and Disclosures) – Second Amendment Directions, 2026'. This amendment specifically modifies paragraph 10(11)(v) concerning the disclosure of DICGC insurance premium payments. Banks must now disclose in their annual reports whether the deposit insurance premium was paid within the prescribed timelines, and if not, this must also be disclosed.

These amendments are effective from April 1, 2026, and are a consequence of the Deposit Insurance and Credit Guarantee Corporation's (DICGC) implementation of the Risk Based Premium (RBP) Framework. Rural co-operative banks must update their financial reporting and disclosure procedures to comply with the new requirements regarding the timely payment and disclosure of DICGC insurance premiums by the effective date.

What to do next

Update annual report disclosures to include specific statements on DICGC insurance premium payment timelines.
Ensure DICGC insurance premiums are paid within prescribed timelines to avoid adverse disclosure.
Review internal processes for tracking and remitting DICGC insurance premiums.

Source document (simplified)

Notifications

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| Reserve Bank of India (Rural Co-operative Banks – Financial Statements: Presentation and Disclosures) – Second Amendment Directions, 2026 | | | | | | | | | | | | | |
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| RBI/DOR/2025-26/249
DOR.ACC.REC.No.444/21.04.018/2025-26

March 16, 2026

Reserve Bank of India (Rural Co-operative Banks – Financial Statements: Presentation and Disclosures) – Second Amendment Directions, 2026

Please refer to the Reserve Bank of India (Rural Co-operative Banks – Financial Statements: Presentation and Disclosures) Directions, 2025 (hereinafter referred to as ‘the Directions’).

On a review, consequent to the issuance of the Implementation of Risk Based Premium (RBP) Framework dated February 6, 2026, by the Deposit Insurance and Credit Guarantee Corporation (DICGC), and in exercise of the powers conferred by the section 35A read with Section 56 of the Banking Regulation Act, 1949 and all other laws enabling the Reserve Bank of India (hereinafter called the Reserve Bank) in this regard, the Reserve Bank being satisfied that it is necessary and expedient in the public interest so to do, hereby issues the Amendment Directions hereinafter specified.
The Amendment Directions modify paragraph 10(11)(v) as under:

10(11)(v) Payment of DICGC Insurance Premium

\| ~~Sr. No.~~ \| ~~Particulars~~ \| ~~Current Year~~ \| ~~Previous Year~~ \|
\| ~~i)~~ \| ~~Payment of DICGC Insurance Premium~~ \| \| \|
\| ~~ii)~~ \| ~~Arrears in payment of DICGC premium~~ \| \| \|
A bank shall disclose in the annual report that ‘deposit insurance premium as applicable was paid to DICGC within the prescribed timelines’. In case the bank has not paid as per the required timelines, the same shall also be disclosed.

The above amendments shall come into force from April 1, 2026.

March 16, 2026

Reserve Bank of India (Rural Co-operative Banks – Financial Statements: Presentation and Disclosures) – Second Amendment Directions, 2026

Please refer to the Reserve Bank of India (Rural Co-operative Banks – Financial Statements: Presentation and Disclosures) Directions, 2025 (hereinafter referred to as ‘the Directions’).

On a review, consequent to the issuance of the Implementation of Risk Based Premium (RBP) Framework dated February 6, 2026, by the Deposit Insurance and Credit Guarantee Corporation (DICGC), and in exercise of the powers conferred by the section 35A read with Section 56 of the Banking Regulation Act, 1949 and all other laws enabling the Reserve Bank of India (hereinafter called the Reserve Bank) in this regard, the Reserve Bank being satisfied that it is necessary and expedient in the public interest so to do, hereby issues the Amendment Directions hereinafter specified.
The Amendment Directions modify paragraph 10(11)(v) as under:

10(11)(v) Payment of DICGC Insurance Premium

| ~~Sr. No.~~ | ~~Particulars~~ | ~~Current Year~~ | ~~Previous Year~~ |
| ~~i)~~ | ~~Payment of DICGC Insurance Premium~~ | | |
| ~~ii)~~ | ~~Arrears in payment of DICGC premium~~ | | |
A bank shall disclose in the annual report that ‘deposit insurance premium as applicable was paid to DICGC within the prescribed timelines’. In case the bank has not paid as per the required timelines, the same shall also be disclosed.

The above amendments shall come into force from April 1, 2026.

March 16, 2026

Reserve Bank of India (Rural Co-operative Banks – Financial Statements: Presentation and Disclosures) – Second Amendment Directions, 2026

Please refer to the Reserve Bank of India (Rural Co-operative Banks – Financial Statements: Presentation and Disclosures) Directions, 2025 (hereinafter referred to as ‘the Directions’).

On a review, consequent to the issuance of the Implementation of Risk Based Premium (RBP) Framework dated February 6, 2026, by the Deposit Insurance and Credit Guarantee Corporation (DICGC), and in exercise of the powers conferred by the section 35A read with Section 56 of the Banking Regulation Act, 1949 and all other laws enabling the Reserve Bank of India (hereinafter called the Reserve Bank) in this regard, the Reserve Bank being satisfied that it is necessary and expedient in the public interest so to do, hereby issues the Amendment Directions hereinafter specified.
The Amendment Directions modify paragraph 10(11)(v) as under:

10(11)(v) Payment of DICGC Insurance Premium