No longer current — withdrawn, no replacement on file yet
Source: Reserve Bank of India · RBI/2009-2010/248 · issued 08 Dec 2009 · ~1 min read
Quick answerRBI extended bank provisioning coverage guidelines to select AIFIs (Exim Bank, NABARD, NHB, SIDBI) via circular dated December 8, 2009. These institutions must now apply the same provisioning norms as banks for advances, aligning their coverage requirements.
What changed
RBI directed select All-India Financial Institutions (AIFIs) to follow the provisioning coverage guidelines issued to banks via circular DBOD.No.BP.BC.64/21.04.048/2009-10 dated December 1, 2009. The norms apply mutatis mutandis, meaning AIFIs must adopt the same provisioning requirements for advances as commercial banks.
What it means for you
AIFIs like Exim Bank, NABARD, NHB, and SIDBI now face stricter provisioning norms, potentially increasing their provisioning costs and impacting profitability. This aligns their risk coverage with banks, ensuring uniform prudential standards across the financial system. Lenders must review their loan portfolios to comply with the enhanced provisioning requirements.
Historical instruction — do not use for current compliance. This is what was required at the time; it no longer reflects current RBI requirements. If no replacement rule is linked above, that only means none is recorded on our register yet — it does not prove no later applicable rule exists. Confirm on the official RBI source below.
What banks were required to do at the time
Review the enclosed bank provisioning circular (DBOD.No.BP.BC.64/21.04.048/2009-10) for detailed norms.
Update internal provisioning policies to match bank-level standards for all advances.
Assess impact on capital adequacy and profitability due to higher provisioning requirements.
Ensure compliance reporting aligns with the new guidelines from the effective date.
Who it affects
Exim Bank, NABARD, NHB, SIDBI, All-India Financial Institutions (AIFIs)
❓ Common questions
Regulatory timeline
Decoded by BankPulse2026-06-19 08:00 IST
repealed_by — Consolidation of Regulations — Withdrawal of circulars (28 Nov 2025)
Status change: withdrawn03 Aug 2026, 04:00 IST
Built from our lineage records — each fact carries its provenance; missing history simply is not shown (never guessed).
When did this circular take effect?
The circular was issued on December 8, 2009, as part of the Second Quarter Review of Monetary Policy for 2009-10. The effective date of the provisioning norms is not specified in this circular; refer to the enclosed bank circular for details.
📜 This document’s life story (1 recorded event, each backed by RBI’s own words)
Repealed byRBI/2025-26/100 — Consolidation of Regulations — Withdrawal of circulars (28 Nov 2025)
RBI’s words: “Official withdrawal register entry #1775: DBOD.No.FID.FIC.6/01.02.00/2009-10 — "Second Quarter Review of Monetary Policy for the Year 2009-10 Provisioning Coverage for Advances" dated December 8, 2009”
📜 Read the original circular — full text as issued by RBI
RBI/2009-2010/248
DBOD. No. FID. FIC. 6 / 01.02.00/ 2009-10
December 8, 2009
The CEOs of the Select All-India Term-lending and Refinancing Institutions
(Exim Bank, NABARD, NHB and SIDBI)
Dear Sir,
Second Quarter Review of Monetary Policy for the year 2009-10
Provisioning Coverage for Advances
Please find enclosed Circular DBOD.No.BP.BC.64/21.04.048/2009-10 dated December 1, 2009 on the above subject. In this connection, it is advised that the above guidelines issued to banks, shall mutatis mutandis apply to the select All-India Financial Institutions (AIFIs).
Yours faithfully,
(Vinay Baijal)
Chief General Manager
Encls : As above
Reproduced for reference with acknowledgment — Source: Reserve Bank of India · RBI/2009-2010/248 · issued 08 Dec 2009. The plain-English explanation above is BankPulse’s own independent summary.
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BankPulse Compliance Evidence Pack — generated 03 Aug 2026 · status cross-checked against RBI’s official withdrawal register (refreshed weekly). Official RBI source: https://www.rbi.org.in/Scripts/NotificationUser.aspx?Id=5406&Mode=0 — Plain-English summary by BankPulse (bankpulse.ai), reviewed by our expert reviewer, CA Amit Jain. Independent platform, not affiliated with the Reserve Bank of India; is our own plain-English paraphrase, not RBI’s original wording.
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