RBI Releases 64 Consolidated Directions, Repeals 628 Obsolete Circulars


Quick Summary
The Reserve Bank of India (RBI) has issued 64 consolidated supervisory directions, bringing together all relevant instructions from various departments. Obsolete and redundant circulars have been removed to streamline guidance. Consequently, 628 previous circulars have been repealed with immediate effect.

July 31, 2026

Consolidation of Supervisory Instructions – Repeal of Circulars

Please refer to the press release issued on July 31, 2026 announcing the release of 64 Consolidated Directions administered by the Department of Supervision (DoS) of the Reserve Bank of India.

2. These Directions encompass all instructions issued by DoS as well as the erstwhile Departments whose supervisory functions have been merged into DoS, either partly or fully. Further, the extant instructions considered obsolete have been excluded from the consolidated Directions as they are no longer relevant.

3. Accordingly, the 628 circulars listed in the Annex, comprising those whose instructions have been consolidated into these Directions, as well as those which have become obsolete or redundant, are hereby repealed by the Reserve Bank with immediate effect.

4. Notwithstanding such repeal, any action taken or purported to have been taken, or initiated under the repealed Directions, instructions, or guidelines shall continue to be governed by the provisions thereof.

(Monisha Chakraborty)
Chief General Manager-in-Charge

FAQ :

The RBI has released 64 Consolidated Directions administered by the Department of Supervision.

These Directions consolidate all instructions issued by the Department of Supervision and formerly merged departments, while excluding obsolete instructions.

A total of 628 circulars have been repealed.

Any action taken or initiated under the repealed directions, instructions, or guidelines will continue to be governed by their original provisions.

The repeal of the 628 circulars took effect immediately.

 

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