No longer current — withdrawn, no replacement on file yet
Source: Reserve Bank of India · RBI/2010-11/234 · issued 14 Oct 2010 · ~1 min read
Quick answerRBI has extended its prudential guidelines on restructuring of advances to select AIFIs (Exim Bank, NABARD, NHB, SIDBI), effective October 14, 2010, with exceptions for activities not undertaken by them like working capital and personal loans.
What changed
RBI issued a circular extending the prudential guidelines on restructuring of advances, originally applicable to scheduled commercial banks, to select All-India Financial Institutions (AIFIs). The guidelines apply mutatis mutandis, meaning with necessary modifications, to these institutions. Provisions related to activities not typically undertaken by AIFIs, such as working capital, overdrafts, and personal loans, are excluded from applicability.
What it means for you
AIFIs like Exim Bank, NABARD, NHB, and SIDBI must now follow the same restructuring norms as banks, ensuring uniformity in handling stressed advances. This aligns their prudential practices with the banking sector, reducing regulatory arbitrage. However, they are exempt from rules on products they don't offer, avoiding unnecessary compliance burden.
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 restructuring circular (DBOD No.BP.No. 49/21.04.132/2010-11 dated October 7, 2010) for detailed norms.
Update internal policies to apply these guidelines mutatis mutandis to all advance restructuring activities.
Identify and exclude provisions related to working capital, overdrafts, and personal loans from implementation.
Ensure compliance with the new guidelines from the effective date of October 14, 2010.
Who it affects
Exim Bank, NABARD, NHB, SIDBI, All-India Financial Institutions (AIFIs)
RBI’s words: “In continuation of our letter DBOD.No.FID.FIC.6 /01.02.00/2010-11 dated October 14, 2010”
Repealed byRBI/2025-26/100 — Consolidation of Regulations — Withdrawal of circulars (28 Nov 2025)
RBI’s words: “Official withdrawal register entry #1603: DBOD.FID.FIC.No.6/01.02.00/2010-11 — "Prudential Guidelines on Restructuring of Advances by Select All-India Financial Institutions (AIFIs)" dated October 14,”
📜 Read the original circular — full text as issued by RBI
RBI/2010-11/234
DBOD.FID.FIC.No.6 /01.02.00 /2010-11
October 14, 2010
The CEOs of select All-India Term Lending and Refinancing Institutions
(Exim Bank, NABARD, NHB and SIDBI)
Dear Sir,
Prudential Guidelines on Restructuring of Advances
by select All-India Financial Institutions (AIFIs)
In continuation of our letter DBOD.No.FID.FIC.5 /01.02.00/2008-09 dated February 26, 2009 on the captioned subject, please find enclosed Circular DBOD No.BP.No. 49/ 21.04.132/2010-11 dated October 7, 2010 on `Prudential Guidelines on Restructuring of Advances by Banks' issued to scheduled commercial banks. In this connection, it is advised that these guidelines, shall apply mutatis mutandis to the select All-India Financial Institutions (AIFIs).
2. However, certain activities are generally not undertaken by FIs, such as extending working capital, overdrafts and personal loans, etc. The provision of the circular relating to such activities shall not be applicable to the AIFIs.
Please acknowledge receipt.
Yours faithfully,
(Vinay Baijal)
Chief General Manager
Reproduced for reference with acknowledgment — Source: Reserve Bank of India · RBI/2010-11/234 · issued 14 Oct 2010. The plain-English explanation above is BankPulse’s own independent summary.
Discuss this circular with fellow bankers — reply, upvote what helps, report what doesn’t belong. Be professional; no client data. Views are the commenter’s own, not BankPulse’s.
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=6042&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.
Help us keep this accurate
Found an inaccuracy or have an improvement? Tell us. Every report is reviewed by our team before any change is made — nothing goes live unverified.
Public beta — plain-English informational summaries. Always verify against the official RBI source (circular number cited on every page) before making compliance, credit, treasury, audit, or operational decisions. · Join our WhatsApp channel ↗
BANKPULSE · FREE DAILY BRIEF
Get RBI updates for your role
Every important RBI update, decoded in plain English — for your career, exams & financial awareness.
We collect only your email, name and role, used solely to send your brief — never sold or shared. Withdraw anytime via the unsubscribe link in any email. Independent platform, not affiliated with the RBI. Information, not legal advice.
REPORT AN ERROR · BETA
Spotted an error? Earn 500 BankPulse Credits
Help us stay accurate. If your correction is verified true and approved by our founder, you earn 500 BankPulse Credits — redeemable when the platform monetises.
Reviewed by a human before any credit is awarded. We never change the site from crowd input without verification.
WANT A NEW FEATURE · BETA
What would make BankPulse more useful for you?
Tell us what to build next — a tool, a data view, a role page, anything. We read every suggestion.
Thank you — your ideas directly shape what we build.