Home › Circulars › RBI/2026-27/15

LABs can now invest in AgriSURE fund

Current · Source: Reserve Bank of India · RBI/2026-27/15 · issued 27 Apr 2026 · ~1 min read
Quick answerRBI has added 'AgriSURE - Agri Fund for Start Ups & Rural Enterprises' to Annex XII of the Local Area Banks Directions, 2025, effective immediately. This allows LABs to invest in this fund, expanding their eligible investment options.
The rule, in the simplest words
How it plays out — a real example

Rohit, an investment officer at a Local Area Bank in Jaipur, reads the RBI notice on April 27, 2026. He quickly updates the bank’s investment policy to list the AgriSURE fund as an eligible option, reviews the bank’s portfolio to see if some money can be moved into the fund, and then informs the treasury and compliance teams so they can start investing in the new farm‑startup fund.

What changed

RBI amended the Local Area Banks (Miscellaneous) Directions, 2025 by adding 'AgriSURE - Agri Fund for Start Ups & Rural Enterprises' to Annex XII. This change takes effect immediately from the date of notification, April 27, 2026.

What it means for you

Local Area Banks now have a new eligible investment avenue in the form of the AgriSURE fund, which supports agri-startups and rural enterprises. This could help LABs diversify their portfolios and support rural entrepreneurship, aligning with priority sector objectives.

What you must do

Who it affects

Local Area Banks (LABs), Treasury departments of LABs, Compliance teams of LABs

❓ Common questions

When does this amendment take effect?

The amendment is effective immediately from the date of notification, April 27, 2026, as stated in the RBI notification.

📜 Read the original circular — full text as issued by RBI
RBI/2026-27/15 DOR.STR.REC.28/21-04-048/2026-27 April 27, 2026 Reserve Bank of India (Local Area Banks – Miscellaneous) – Amendment Directions, 2026 Please refer to Reserve Bank of India (Local Area Banks – Miscellaneous) Directions, 2025 (hereinafter referred to as ‘the Directions’). 2. On a review, and in exercise of the powers conferred by the section 26A and 35A of the Banking Regulation Act, 1949, 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. 3. The Amendment Directions modifies the Directions as under: (1) Following shall be added to Annex XII: “2. AgriSURE - Agri Fund for Start Ups & Rural Enterprises” 4. The above amendment shall come into force with immediate effect. (Vaibhav Chaturvedi) Chief General Manager
Reproduced for reference with acknowledgment — Source: Reserve Bank of India · RBI/2026-27/15 · issued 27 Apr 2026. The plain-English explanation above is BankPulse’s own independent summary.
🧰 Tools — save, print, templates & related
Most relevant forTreasury Team / ALMCompliance TeamSenior Management / BoardRisk ManagementInternal AuditBusiness Head / Vertical Head
🛠 Banker’s toolkit — checklists & reply templates →
Related circulars · Department of Regulation
SFB Pillar 3 Disclosure Norms Aligned with BaselUCB Deposit Rate Disclosure & Uniformity Rules UpdatedLAB Deposit Rate Disclosure & Uniformity Rules TightenedPayments Banks: Interest Rates Must Match Disclosed ScheduleRBI Updates Bulk Deposit Rate Rules and Disclosure Timing
Browse all departments →
Worked example & action-note template

Example: if you are a Compliance officer at a bank this circular applies to (Local Area Banks (LABs), Treasury departments of LABs, Compliance teams of LABs), your first concrete step on “LABs can now invest in AgriSURE fund” is: “Update internal investment policies to include AgriSURE fund as an eligible investment under Annex XII.” (RBI issued this 27 Apr 2026).

  1. Circular: RBI/2026-27/15 -- LABs can now invest in AgriSURE fund
  2. Issued: 27 Apr 2026
  3. Action required: Update internal investment policies to include AgriSURE fund as an eligible investment under Annex XII.
  4. Action required: Review current investment portfolios to assess potential allocation to the AgriSURE fund.
  5. Action required: Ensure compliance with all other provisions of the Local Area Banks Directions, 2025.
  6. Action required: Communicate the change to relevant treasury and compliance teams.
  7. Owner: ____________ Target date: ____________
  8. Board/committee approval needed? Y / N
  9. Evidence filed in compliance register on: ____________
Built only from this circular’s own published fields — not legal advice; always confirm against the official RBI source.

💬 Banker Discussion

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.

Loading comments…
BankPulse Compliance Evidence Pack — generated 02 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=13377&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.
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 ↗
—