HomeCirculars › RBI/2026-27/24

RBI Amends Directions on Credit Risk Transfer

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Issued by RBI: 27 Apr 2026  ·  Effective: effective April 1, 2027
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📄 Source: Reserve Bank of India · RBI/2026-27/24
Quick answerRBI issues Amendment Directions to modify rules on credit risk transfer for commercial banks, effective April 1, 2027.

What changed

What it means for you

The rule, in the simplest words
  • Banks must classify stressed loans as POCI (a loan that is in trouble) and follow POCI rules for how to value and report them.
  • Banks must debit (take money out of) their profit and loss account when they transfer a stressed loan to an ARC (a company that buys bad loans) at a price lower than its true value.
  • Banks must follow RBI rules for asset classification, provisioning, and income recognition when transferring loans to permitted transferees.
How it plays out — a real example

{'role': 'a gold-loan officer in Indore', 'scenario': "Rahul, a gold-loan officer in Indore, needs to classify a stressed loan as POCI and follow POCI guidelines for provisioning and disclosures. He also needs to debit the shortfall to the profit and loss account when transferring the loan to an ARC at a price below its net book value. Rahul updates the bank's internal policies and procedures to reflect the amended Directions and ensures that all stressed loans are classified and reported correctly."}

What you must do

Who it affects

Commercial banks, Asset Reconstruction Companies (ARCs)

Regulatory timeline

Built from our lineage records — each fact carries its provenance; missing history simply is not shown (never guessed).

What is the effective date of the Amendment Directions?

April 1, 2027

What is the purpose of inserting Paragraph 52A?

To specify that permitted transferees must follow RBI (Commercial Banks - Asset Classification, Provisioning and Income Recognition) Directions, 2026 for initial recognition and subsequent measurement of acquired loans

📜 Read the original circular — full text as issued by RBI
RBI/2026-27/24 DOR.STR.REC.17/21-04-048/2026-27 April 27, 2026 Reserve Bank of India (Commercial Banks - Transfer and Distribution of Credit Risk) Amendment Directions, 2026 Please refer to Reserve Bank of India (Commercial Banks - Transfer and Distribution of Credit Risk) Directions, 2025 (hereinafter referred to as ‘the Directions’). 2. On a review, and in exercise of the powers conferred by the section 21 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 modify the Directions as under: (1) Paragraph 52A shall be inserted as specified below: “52A. For permitted transferees, the initial recognition as well as subsequent measurement of acquired loans will be as per Reserve Bank of India (Commercial Banks - Asset Classification, Provisioning and Income Recognition) Directions, 2026 .” (2) Paragraph 53 shall stand deleted. (3) Para 70A of the Directions shall be inserted as below: “70A. The stressed loan acquired by banks shall be classified as purchased or originated credit-impaired financial asset (POCI) and shall be guided by POCI related guidelines contained in the Reserve Bank of India (Commercial Banks - Asset Classification, Provisioning and Income Recognition) Directions, 2026 for the purpose of provisioning, initial recognition, subsequent measurement and relevant disclosures.” (4) Para 73 shall stand deleted. (5) Para 81 of the Directions shall be modified as below: “81. When the stressed loan is transferred to ARC at a price below the NBV at the time of transfer, bank shall debit the shortfall to the profit and loss account for the year in which the transfer has taken place.” 4. The above amendments shall come into force from April 01, 2027. (Vaibhav Chaturvedi) Chief General Manager
Reproduced for reference with acknowledgment — Source: Reserve Bank of India · RBI/2026-27/24 · issued 27 Apr 2026. The plain-English explanation above is BankPulse’s own independent summary.

Test yourself

Quick self-check built only from the facts already on this page — tap a question to reveal the answer.

Q1. In one line, what does this circular do?

RBI issues Amendment Directions to modify rules on credit risk transfer for commercial banks, effective April 1, 2027.

Q2. Who does this circular apply to?

Commercial banks, Asset Reconstruction Companies (ARCs)

Q3. What is the first thing you should do about it?

Update internal policies and procedures to reflect the amended Directions

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Who does what — compliance checklist
📜 Compliance
  • Update internal policies and procedures to reflect the amended Directions
  • Classify stressed loans acquired as POCI and follow POCI related guidelines
  • Debit shortfall to profit and loss account when transferring stressed loans to ARC at a price below NBV
Grouped from the action items above — a single circular may involve more than one team.
Worked example & action-note template

Example: if you are a Compliance officer at a bank this circular applies to (Commercial banks, Asset Reconstruction Companies (ARCs)), your first concrete step on “RBI Amends Directions on Credit Risk Transfer” is: “Update internal policies and procedures to reflect the amended Directions” (RBI issued this 27 Apr 2026).

  1. Circular: RBI/2026-27/24 -- RBI Amends Directions on Credit Risk Transfer
  2. Issued: 27 Apr 2026
  3. Action required: Update internal policies and procedures to reflect the amended Directions
  4. Action required: Classify stressed loans acquired as POCI and follow POCI related guidelines
  5. Action required: Debit shortfall to profit and loss account when transferring stressed loans to ARC at a price below NBV
  6. Owner: ____________ Target date: ____________
  7. Board/committee approval needed? Y / N
  8. 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.
AI-drafted · 1-model AI consensus fact-check · under the editorial review of our expert review panel · decoded & published by BankPulse · 07 Jul 2026, 03:54 IST
Official RBI source: https://www.rbi.org.in/Scripts/NotificationUser.aspx?Id=13390&Mode=0 — Plain-English summary by BankPulse (bankpulse.ai), reviewed by our expert review panel. Independent platform, not affiliated with the Reserve Bank of India; never reproduces RBI text verbatim.
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