We at Finakon track the regulatory changes. We also use AI to create a summary. We are providing a quick overview of the RBI circulars on a weekly basis on our website. The summary is neither exhaustive nor comprehensive. For accurate information, users shall refer to the original circular of the regulator. Finakon shall not be responsible for inferences drawn based on the summary provided.
RBI Mandates Disclosure of DICGC Premium Payments
The Reserve Bank of India has issued the Fifth Amendment Directions, 2026, to the Commercial Banks – Financial Statements: Presentation and Disclosures Directions, 2025.
Under the amendment, banks must disclose:
- DICGC insurance premium payments (current and previous year)
- Any arrears in premium payments
Banks are also required to confirm in their annual report that the premium was paid within prescribed timelines, or disclose delays if applicable.
The amendment follows the introduction of the Risk-Based Premium (RBP) Framework by DICGC and has been issued under Section 35A of the Banking Regulation Act, 1949.
Effective from: April 1, 2026.
https://www.rbi.org.in/Scripts/BS_CircularIndexDisplay.aspx?Id=13333
RBI Updates Disclosure Requirements for Small Finance Banks on DICGC Premium Payments
The Reserve Bank of India has issued the Third Amendment Directions, 2026 to the Small Finance Banks – Financial Statements: Presentation and Disclosures Directions, 2025.
Pursuant to the introduction of the Risk-Based Premium (RBP) Framework by the Deposit Insurance and Credit Guarantee Corporation (DICGC) on February 6, 2026, the amendment revises disclosure requirements relating to DICGC insurance premium payments.
Key Amendment:
Small Finance Banks are required to disclose in their financial statements:
- DICGC insurance premium paid (current and previous year)
- Arrears in payment of DICGC premium
Banks must also include a statement in their annual report confirming whether the deposit insurance premium was paid within the prescribed timelines. Any delays in payment must be explicitly disclosed.
Regulatory Basis:
The amendment has been issued under Section 35A of the Banking Regulation Act, 1949, following a regulatory review aligned with the RBP framework.
Effective Date:
The amendments are effective from April 1, 2026.
https://www.rbi.org.in/Scripts/BS_CircularIndexDisplay.aspx?Id=13334
RBI Updates DICGC Premium Disclosure for Payments Banks
The Reserve Bank of India has issued the Amendment Directions, 2026 to the Payments Banks – Financial Statements: Presentation and Disclosures Directions, 2025.
Payments Banks must now disclose:
- DICGC insurance premium paid (current and previous year)
- Any arrears in premium payments
They are also required to confirm in their annual report whether the premium was paid within prescribed timelines, with delays disclosed where applicable.
The amendment follows the implementation of the Risk-Based Premium (RBP) Framework by DICGC and is issued under Section 35A of the Banking Regulation Act, 1949.
Effective from: April 1, 2026.
https://www.rbi.org.in/Scripts/BS_CircularIndexDisplay.aspx?Id=13336
RBI Revises DICGC Premium Disclosure for Local Area Banks
The Reserve Bank of India has issued the Second Amendment Directions, 2026, to the Local Area Banks – Financial Statements: Presentation and Disclosures Directions, 2025.
Local Area Banks must now disclose:
- DICGC insurance premium paid (current and previous year)
- Any arrears in premium payments
They must also confirm in their annual report whether the premium was paid within prescribed timelines, with delays disclosed where applicable.
The amendment follows the implementation of the Risk-Based Premium (RBP) Framework by DICGC and is issued under Section 35A of the Banking Regulation Act, 1949.
Effective from: April 1, 2026.
https://www.rbi.org.in/Scripts/BS_CircularIndexDisplay.aspx?Id=13338
RBI Updates DICGC Premium Disclosure for Regional Rural Banks
The Reserve Bank of India has issued the Second Amendment Directions, 2026, to the Regional Rural Banks – Financial Statements: Presentation and Disclosures Directions, 2025.
In line with the implementation of the Risk-Based Premium (RBP) Framework by the Deposit Insurance and Credit Guarantee Corporation (DICGC) on February 6, 2026, the amendment revises disclosure requirements for DICGC insurance premium payments.
Key Amendment:
Regional Rural Banks are required to disclose in their financial statements:
- DICGC insurance premium paid (current and previous year)
- Arrears in payment of DICGC premium
Banks must also confirm in their annual report whether the deposit insurance premium was paid within the prescribed timelines. Any delays must be disclosed.
Regulatory Basis:
The amendment has been issued under Section 35A of the Banking Regulation Act, 1949, following a regulatory review aligned with the RBP framework.
Effective Date:
The amendments will come into effect from April 1, 2026.
https://www.rbi.org.in/Scripts/BS_CircularIndexDisplay.aspx?Id=13335
RBI Updates DICGC Premium Disclosure for Urban Co-operative Banks
The Reserve Bank of India has issued the Third Amendment Directions, 2026 to the Urban Co-operative Banks – Financial Statements: Presentation and Disclosures Directions, 2025.
Urban Co-operative Banks must now disclose:
- DICGC insurance premium paid (current and previous year)
- Any arrears in premium payments
They must also confirm in their annual report whether the premium was paid within prescribed timelines, with delays disclosed where applicable.
The amendment is issued under Sections 35A and 56 of the Banking Regulation Act, 1949, following the implementation of the Risk Based Premium (RBP) Framework by DICGC.
Effective from: April 1, 2026.
https://www.rbi.org.in/Scripts/BS_CircularIndexDisplay.aspx?Id=13339
RBI Revises DICGC Premium Disclosure for Rural Co-operative Banks
The Reserve Bank of India has issued the Second Amendment Directions, 2026 to the Rural Co-operative Banks – Financial Statements: Presentation and Disclosures Directions, 2025.
Rural Co-operative Banks must now disclose:
- DICGC insurance premium paid (current and previous year)
- Any arrears in premium payments
They must also confirm in their annual report whether the premium was paid within prescribed timelines, with delays disclosed where applicable.
The amendment is issued under Sections 35A and 56 of the Banking Regulation Act, 1949, following the implementation of the Risk Based Premium (RBP) Framework by DICGC.
Effective from: April 1, 2026.
https://www.rbi.org.in/Scripts/BS_CircularIndexDisplay.aspx?Id=13340
RBI Directs Currency Chest Operations on March 31, 2026
The Reserve Bank of India has issued instructions regarding the functioning of Currency Chests (CCs) on March 31, 2026.
In line with earlier directions mandating bank branches handling Government receipts and payments to remain open on March 31, 2026 (a public holiday), banks have been advised to ensure that Currency Chests operate as on a normal working day. This is to facilitate the timely accounting of Government transactions within the financial year 2025–26.
Banks maintaining Currency Chests are also required to inform all linked branches appropriately to ensure smooth operations.
https://www.rbi.org.in/Scripts/BS_CircularIndexDisplay.aspx?Id=13341
