Co-operative Banks — withdrawn & superseded
124 circulars in this topic that our nightly lineage check found withdrawn or superseded — kept here for historical reference, not shown on the main Co-operative Banks page since they no longer reflect current regulation.
Always confirm current applicability against the official RBI source linked on each circular. ← Back to current Co-operative Banks circulars
CRR Hiked 50 bps for StCBs in Two Stages
RBI raised CRR for Scheduled State Co-operative Banks by 0.50% to 8.00%, effective from fortnights starting April 26 and
CRR Hiked for Scheduled State Co-operative Banks
RBI raised CRR for Scheduled State Co-operative Banks by 0.50% in two stages: to 5.75% from Feb 17, 2007, and to 6.00% f
UCB Customer Liability for Unauthorised EBTs: Directions Effective from Jan 1, 2027
From Jan 1, 2027, UCBs must follow new rules limiting customer liability for unauthorised electronic banking transaction
FCNR(B) deposit rate ceiling now set monthly from Nov 2004
From November 1, 2004, banks must fix FCNR(B) deposit interest rate ceilings on a monthly basis using LIBOR/SWAP rates f
NRE Deposit Rate Ceiling Raised to LIBOR/SWAP + 50 bps
RBI raised the ceiling on NRE deposit rates for 1-3 year maturities to LIBOR/SWAP rates for US dollar of corresponding m
Tsunami Relief: FCRA Exemption for Co-op Banks
Central Government exempts associations from FCRA prior permission for tsunami relief funds until March 31, 2005. RBI di
State Govt Guaranteed Advances: New NPA Norms
RBI delinks asset classification and provisioning for State Government guaranteed advances from guarantee invocation. Fr
Graded NPA Provisioning for StCBs and DCCBs: Doubtful >3 Years
RBI mandates graded higher provisioning on secured portion of NPAs classified as 'doubtful for more than three years' fo
Relaxation in Investment Classification for Co-op Banks
RBI allows co-operative banks to shift SLR securities from 'current' to 'permanent' category with relaxed provisioning:
CSGL holders can now sell G-secs on allotment day
RBI now permits CSGL account holders to sell government securities allotted in primary issues on the same day of allotme
Non-SLR Investment Norms Eased for Co-op Banks
RBI now allows co-operative banks to invest in non-SLR securities (PSU bonds, AFI bonds/equity) without prior approval,
Relaxed KYC for Flood Victims' Account Opening
RBI allows co-operative banks to open accounts for flood-affected persons with minimal formalities, accepting alternativ
RBI Clarifies No Relaxation in Non-SLR Investment Limits for Co-op Banks
RBI clarifies that the overall non-SLR investment limit for co-operative banks remains at 10% of total deposits as of Ma
RBI Revises NRE Deposit Interest Rate Ceilings for Co-op Banks
RBI raised the NRE term deposit interest rate ceiling from LIBOR/SWAP plus 50 bps to plus 75 bps for 1-3 year maturities
Standard Asset Provisioning Hiked to 0.40% for Co-op Banks
RBI raised standard asset provisioning from 0.25% to 0.40% for StCBs/DCCBs effective April 1, 2007, to build buffers aga
RBI mandates 'no-frills' accounts for financial inclusion
RBI directs all co-operative banks to offer 'no-frills' savings accounts with nil or very low minimum balance and charge
CRR/SLR Treatment for CBLO Transactions by Scheduled State Co-operative Banks and Regional Rural Banks
RBI clarifies that borrowing via CBLO from CCIL (a non-bank) must be included in NDTL for reserve requirements. A specia
RBI Cracks Down on Co-op Bank Investment Irregularities
RBI flags major investment portfolio lapses at StCBs/DCCBs based on NABARD review: missing half-yearly reviews, no inves
RBI Hikes Export Credit in Foreign Currency Ceiling by 25 bps
RBI raised the ceiling on export credit in foreign currency from LIBOR + 75 bps to LIBOR + 100 bps, effective April 18,
RBI Hikes NRE Deposit Rate Ceiling to LIBOR+100 bps
RBI raised the NRE term deposit rate ceiling from LIBOR/SWAP+75 bps to +100 bps for 1-3 year maturities, effective from
Ban on Crediting Account Payee Cheques to Third Parties
RBI prohibits StCBs, DCCBs, and RRBs from crediting account payee cheque proceeds to any account other than the payee's,
State Govt Bodies Can Now Open SB Accounts for Grants
RBI now allows banks to open savings bank accounts for State Government departments/bodies/agencies receiving grants/sub
CRR Floor Removed for StCBs and RRBs; Rate Unchanged at 5%
RBI has removed the statutory minimum CRR of 3% for StCBs and RRBs effective June 22, 2006. The CRR rate remains at 5% o
RBI Cuts NRE Deposit Rate Ceiling by 50 bps for Co-op Banks
RBI reduced the maximum interest rate on fresh NRE term deposits (1-3 years) for StCBs and DCCBs to LIBOR/SWAP plus 50 b
Clean Note Policy: Ban on Stapling and Writing on Notes
RBI directs all co-operative banks to stop stapling note packets, use paper bands instead, sort notes into re-issuable a
RBI Cuts FCNR(B) Deposit Rate Ceiling by 25 bps and NR(E)RA by 50 bps
RBI reduced the FCNR(B) deposit interest rate ceiling to LIBOR/SWAP minus 25 bps, effective from close of business on Ja
CRR Maintenance and Interest for StCBs – March 2007
RBI directs Scheduled State Co-operative Banks to maintain CRR at 5.75% from Feb 17, 2007 and 6.00% from Mar 3, 2007. In
CRR Exemption for StCBs on Interbank and CBLO Liabilities
RBI withdrew its June 2006 circular but kept the CRR exemption for Scheduled State Co-operative Banks on interbank liabi
RBI Reiterates: Don't Reject Cheques with Paise Fractions
RBI has reinforced that banks must not reject or dishonour cheques/drafts containing fractions of a rupee, following a G
CRR hike for StCBs: 50 bps in two stages from April 2007
RBI raised CRR for Scheduled State Co-operative Banks by 50 bps to 6.50% in two fortnights starting April 14, 2007. Inte
CRR Floor Removed for StCBs; Rates Hiked to 6.50%
RBI removed the statutory 3% CRR floor for Scheduled State Co-operative Banks from April 1, 2007, allowing flexible CRR
RBI Cuts NRE Deposit Rate Ceiling to LIBOR/SWAP
RBI reduced the NRE term deposit interest rate ceiling from LIBOR/SWAP plus 50 bps to LIBOR/SWAP for 1-3 year maturities
Co-op Banks: New Locker Rules on Allotment, Security & Unoperated Lockers
RBI bans linking locker allotment to fixed deposits beyond 3-year rent cover, mandates wait-list transparency, and tight
RBI Circular on Scheduled State Co-operative Banks: August 2007
This RBI circular, dated August 1, 2007, addresses all Scheduled State Co-operative Banks. It announces an increase in t
UCB Deposits with DCCB/SCBs: SLR Treatment Tightened
RBI now mandates that any loan a UCB has taken from a DCCB/SCB must be deducted from its deposits with that lender when
CRR Hiked 50 bps to 7.50% for Scheduled State Co-op Banks
RBI raised CRR for Scheduled State Co-operative Banks by 50 basis points to 7.50% of demand and time liabilities, effect
Settling Claims for Missing Persons: RBI Guidelines for Co-op Banks
RBI directs co-operative banks to settle missing person claims per Indian Evidence Act Sections 107/108. Banks must set
CRR Hiked to 8.25% for Scheduled State Co-operative Banks
RBI raised CRR for scheduled state co-operative banks from 8.00% to 8.25% of NDTL, effective May 24, 2008, to manage liq
CRR hike for Scheduled StCBs to 8.75%
RBI raised CRR for Scheduled State Co-operative Banks by 50 bps to 8.75%, effective in two stages from July 5 and July 1
Master Circular on UCB Branch Expansion and Operations
RBI consolidated all guidelines on area of operation, branch authorisation, extension counters, ATMs, and office shiftin
Agri Debt Waiver 2008: Prudential Norms for Co-op Banks
RBI issued prudential norms for co-op banks on the 2008 Agricultural Debt Waiver Scheme. Banks must transfer eligible wa
NRE Deposit Rate Cap Revised to LIBOR/SWAP + 50 bps
RBI capped NRE term deposit rates at LIBOR/SWAP plus 50 bps for 1-3 year maturities, effective September 16, 2008. This
CRR cut for Scheduled State Co-operative Banks to 7.50%
RBI slashed CRR for Scheduled State Co-operative Banks by 150 bps to 7.50% of NDTL, effective fortnight starting October
CRR Cut for Scheduled State Co-operative Banks by 50 bps
RBI reduced CRR for Scheduled State Co-operative Banks from 9.00% to 8.50% of NDTL, effective fortnight starting October
RBI Hikes NRE Deposit Rate Cap for Co-op Banks to LIBOR+100 bps
RBI raised the ceiling on NRE term deposit rates for StCBs and DCCBs from LIBOR/SWAP plus 50 bps to plus 100 bps, effect
CRR Cut for Scheduled StCBs: 250 bps Reduction to 6.50%
RBI slashed CRR for Scheduled State Co-operative Banks by 250 bps to 6.50% of NDTL, effective from the fortnight startin
CRR Cut for Scheduled State Co-operative Banks by 100 bps
RBI reduced CRR for Scheduled State Co-operative Banks from 6.50% to 5.50% of NDTL in two stages: 6.00% effective Oct 25
NRE Deposit Rate Cap Raised to LIBOR/Swap + 175 bps
RBI raised the maximum interest rate on fresh NRE term deposits (1-3 year maturity) from LIBOR/SWAP plus 100 bps to plus
Housing Loans: Delhi HC Order Exemption for Farmhouses on Agricultural Land Constructed by Farmers
RBI clarifies that Delhi High Court directions on housing loans do not apply to farmhouses constructed by farmers on agr
StCBs/DCCBs: No PV Loss Provision on Govt Dues Under Debt Waiver Scheme
RBI has exempted StCBs and DCCBs from making present value loss provisions on amounts receivable from the Government of
RBI Mandates Full Fee Disclosure for Co-op Banks
RBI directs StCBs and DCCBs to disclose all processing fees, charges, and all-in-cost in loan application forms, and to
CRR cut for StCBs: 50 bps reduction to 5.00%
RBI reduced CRR for Scheduled State Co-operative Banks by 50 bps from 5.50% to 5.00% of NDTL, effective fortnight starti
UCBs: Strengthening Info Sharing in Consortium/Multiple Banking
RBI directs urban co-op banks to improve borrower information sharing under consortium/multiple banking to curb frauds.
Nomination Acknowledgment and Recording for Co-op Banks
RBI mandates StCBs/DCCBs to strictly acknowledge all nomination forms and record 'Nomination Registered' on passbooks/FD
Certified Copies for Courts: Co-op Banks Must Follow Evidence Act
RBI mandates all StCBs and DCCBs to attach a statutory certificate under Section 2A of the Bankers' Books Evidence Act,
RBI Tightens Rules on Shifting Securities Between Investment Categories
RBI now allows StCBs and DCCBs to shift securities from permanent to current category (or vice versa) only once a year,
NPA Tagging Relief Extended to All Credit Societies Under On-Lending
RBI extends NPA tagging concession to all credit societies under on-lending: only the irregular facility turns NPA, not
Property Valuation & Valuer Empanelment Norms for Co-op Banks
RBI mandates StCBs/DCCBs to adopt a Board-approved policy for property valuation, use independent valuers, and obtain tw
Agri Debt Waiver: OTS & Instalment Flex for Co-op Banks
RBI allows 'other farmers' to pay 75% in one lump sum by June 30, 2009 for 25% govt relief. Banks may accept less than 7
Master Circular on Area of Operation, Branch Authorisation Policy, Opening/Upgradation of Extension Counters, ATMs and Shifting/Splitting/Closure of Offices - UCBs (2009)
RBI consolidated all instructions on area of operation, branch authorisation, extension counters, ATMs, and office shift
RBI hikes housing loan limits for co-operative banks
RBI raised the maximum housing loan per borrower from Rs 5 lakh to Rs 20 lakh for most StCBs/DCCBs, and to Rs 30 lakh fo
New Branch Opening Policy for State Co-operative Banks
RBI has revised branch opening norms for StCBs under Section 23 of B.R. Act, 1949. StCBs can now open branches in state
Ban on Crediting Account Payee Cheques to Third Parties for Co-op Banks
RBI reiterates that co-operative banks cannot credit account payee cheques to third-party accounts. However, member bank
ADWDR 2008: OTS Deadline Extended & Prudential Norms for StCBs/DCCBs
RBI extends OTS payment deadline for 'other farmers' under ADWDR 2008 to Dec 31, 2009. Banks may accept less than 75% if
RBI curbs co-op banks on holding non-banking assets beyond 7 years
RBI directs StCBs and DCCBs to not acquire property beyond own use and to dispose of non-banking assets within 7 years a
CRR on CBLO Transactions for Scheduled StCBs from Nov 21, 2009
From November 21, 2009, scheduled state co-operative banks must include CBLO liabilities with CCIL in NDTL for CRR. Only
CRR Hiked 75 bps for Scheduled State Co-operative Banks
RBI raised CRR for Scheduled State Co-operative Banks by 75 bps to 5.75% in two stages from February 2010, based on macr
ADWDRS 2008: Extended Deadline for Other Farmers
RBI extends the payment deadline for 'other farmers' under the Agricultural Debt Waiver and Debt Relief Scheme 2008 to J
CRR Hiked 25 bps to 6% for Scheduled StCBs from Apr 24, 2010
RBI raised CRR for Scheduled State Co-operative Banks by 25 bps to 6.00% of NDTL, effective fortnight starting April 24,
Master Circular on UCB Branch Expansion and Operations
RBI consolidated all instructions on area of operation, branch authorisation, extension counters, ATMs, and office shift
Full Disclosure of Loan Processing Fees for Co-op Banks
RBI mandates StCBs and CCBs to transparently disclose all loan processing fees, charges, and the all-in-cost to borrower
RBI tightens housing finance exposure for co-operative banks
RBI has reduced the housing finance exposure limit for StCBs and CCBs from 10% of loans to 5% of total assets, effective
RBI directs co-op banks to add investor awareness in customer meets
RBI has instructed all State and District Central Co-operative Banks to include investor awareness as a regular agenda i
RBI Hikes Savings Deposit Rate for Co-op Banks by 50 bps
RBI raised savings deposit interest rate for State and Central Co-operative Banks from 3.5% to 4.0% per annum, effective
CERSAI Registry for Co-operative Banks: SARFAESI Act Compliance
RBI directs all State and Central Co-operative Banks to register security interests with CERSAI within 30 days of creati
Master Circular on Urban Co-op Bank Branch & ATM Policy
RBI consolidated all instructions on area of operation, branch authorisation, extension counters, ATMs, and office shift
Savings Bank Deposit Interest Rate Deregulation for Co-op Banks
RBI deregulated savings bank deposit interest rates for co-operative banks effective October 25, 2011. Banks can set the
Savings Bank Deposit Rate Deregulation for RRBs/Co-op Banks
RBI clarifies that deregulated savings deposit interest rates apply only to domestic resident accounts. Interest must be
CRR cut for SCBs and RRBs by 50 bps to 5.50%
RBI reduced CRR for Scheduled State Co-operative Banks and Regional Rural Banks by 50 bps from 6.00% to 5.50% of NDTL, e
CRR Cut for StCBs/RRBs: 75 bps Reduction to 4.75%
RBI slashed CRR for Scheduled State Co-operative Banks and Regional Rural Banks by 75 bps from 5.50% to 4.75% of NDTL, e
Co-op Banks Get Freedom to Set Deposit Conversion Policies
RBI now allows State and Central Co-operative Banks to set their own policies for converting term, daily, or recurring d
Master Circular on Urban Co-op Bank Branch & ATM Policy
RBI consolidated all instructions on area of operation, branch authorisation, extension counters, ATMs, and office shift
CRR Reduced by 25 bps for StCBs and RRBs
RBI cut CRR for Scheduled State Co-operative Banks and Regional Rural Banks by 25 bps to 4.50% of NDTL, effective Septem
CRR Cut for StCBs/RRBs: 25 bps Reduction
RBI reduced CRR for Scheduled State Co-operative Banks and Regional Rural Banks by 25 bps from 4.50% to 4.25% of NDTL, e
CRR cut for StCBs/RRBs: 25 bps reduction to 4.00%
RBI reduced CRR for Scheduled State Co-operative Banks and Regional Rural Banks by 25 bps from 4.25% to 4.00% of NDTL, e
Master Circular on Urban Co-op Bank Branch Expansion & ATMs
RBI consolidated all guidelines on area of operation, branch authorisation, extension counters, ATMs, and office shiftin
NRE Deposit Rate Ceiling Removed for 3+ Year Tenors
RBI has freed StCBs/CCBs to offer uncapped interest rates on NRE deposits of 3 years and above, leveraging CRR/SLR exemp
RBI Bans Upfront Housing Loan Disbursals for Co-op Banks
RBI has prohibited StCBs and CCBs from making upfront disbursal of housing loans for under-construction projects. Disbur
NRE Deposit Rate Deregulation Extended for Co-op Banks
RBI extends the freedom for State and Central Co-operative Banks to set interest rates on incremental NRE deposits of 3
RBI to Auction ₹16,000 Crore in Four Government Securities on May 9, 2014
RBI will auction four dated securities totaling ₹16,000 crore on May 9, 2014, via uniform price method. Bids must be on
RBI Clarifies: 2018 VC Circular No Longer Valid
RBI has clarified that its 2018 circular restricting banks from dealing with virtual currencies is no longer valid after
RBI Outsourcing Risk Guidelines for Co-operative Banks
RBI issued guidelines for co-operative banks to manage risks in outsourcing financial services. Banks must self-assess e
Master Circular on Investments by Urban Co-operative Banks
RBI consolidated all investment guidelines for Primary Urban Co-operative Banks into a single Master Circular, covering
Master Circular on Investments by Urban Co-operative Banks
RBI consolidated all investment guidelines for Primary Urban Co-operative Banks into a single master circular, covering
Master Circular on Management of Advances for UCBs
RBI consolidated all advance management guidelines for Urban Co-operative Banks into a single master circular, effective
Housing repair loan limits raised for urban co-op banks
RBI has raised the ceiling on housing repair loans for individuals by Primary Urban Co-operative Banks: ₹10 lakh in metr
UCB Individual Housing Loan Limits Doubled
RBI has doubled individual housing loan limits for Urban Co-operative Banks: Tier-I UCBs can now lend up to ₹60 lakh per
RBI hikes housing loan limits for co-op banks, allows CRE-RH lending
RBI raised individual housing loan limits for StCBs/DCCBs: from ₹20 lakh to ₹50 lakh (net worth <₹100 crore) and from ₹3
RBI Allows Doorstep Banking for Urban Co-operative Banks
RBI permits financially sound UCBs to offer doorstep banking services voluntarily, while others need prior approval. Ser
Glide Path for SR Provisioning by Co-op Banks & NBFCs
RBI allows co-operative banks, RRBs, NBFCs, and AIFIs to spread the provisioning shortfall on legacy Security Receipts (
Housing Finance Master Circular for Urban Co-op Banks
RBI consolidated all housing finance guidelines for Urban Co-operative Banks (UCBs) into a single Master Circular, issue
UCBs Must Review Loan Policy Annually
RBI mandates that Primary Urban Co-operative Banks must have their board-approved loan policy reviewed at least once eve
RBI Eases Branch and ATM Rules for DCCBs
RBI now allows District Central Co-operative Banks (DCCBs) to open new branches, extension counters, and install off-sit
RBI Digital Lending Guidelines for Banks and NBFCs
RBI issued binding digital lending guidelines effective September 2, 2022, covering all commercial banks, co-operative b
UCB Standard Asset Provisioning Norms Harmonised Under Four-Tier Framework
RBI has harmonised standard asset provisioning norms for all four tiers of Urban Co-operative Banks, effective April 24,
Master Circular: Capital Adequacy Norms for Urban Co-op Banks
RBI consolidated prudential norms on capital adequacy for Primary (Urban) Co-operative Banks (UCBs). Key requirements: m
Housing Finance Master Circular for Urban Co-op Banks (RBI/2023-24/15 DOR.CRE.REC.No.9/07.10.002/2023-24)
RBI consolidated housing finance guidelines for Primary Urban Co-operative Banks (UCBs) into a single Master Circular (R
UCB Advances Master Circular: Key Updates for Urban Co-op Banks
RBI consolidated all advance management guidelines for Primary Urban Co-operative Banks into a single Master Circular, e
RBI revises bulk deposit limits for urban co-operative banks
RBI has raised the bulk deposit threshold for scheduled Tier 3 and 4 Urban Co-operative Banks from ₹15 lakh to ₹1 crore.
RBI Master Circular on Housing Finance for Urban Co-operative Banks
RBI consolidated all housing finance instructions for UCBs up to March 31, 2024, into a single Master Circular. No new r
RBI Master Circular: Capital Adequacy Norms for Urban Co-op Banks
RBI consolidated capital adequacy rules for Primary Urban Co-operative Banks (UCBs), setting minimum net worth of ₹2 cro
UCBs Get Two-Year Extension for Small Value Loan Target
RBI has extended the deadline for UCBs to meet the 50% small value loan target to March 31, 2026, with an interim 40% ta
UCB Loan Cap on Shares/Debentures Now Tied to Tier I Capital
RBI has revised the 20% owned funds ceiling for UCB loans against shares/debentures to be based on Tier I capital as of
RBI Eases Prudential Norms for Urban Co-operative Banks
RBI has revised prudential norms for UCBs, raising small value loan ceiling to ₹3 crore, easing real estate exposure lim
UCB Exposure Norms Master Circular Updated to March 2025
RBI has consolidated all exposure norms and statutory restrictions for Primary Urban Co-operative Banks into a single Ma
RBI Updates Master Circular on Advances for Urban Co-op Banks
RBI issued a revised Master Circular on Management of Advances for UCBs, consolidating all instructions issued up to Mar
Master Circular on Housing Finance for UCBs (2025)
RBI has updated its Master Circular on housing finance for Primary Urban Co-operative Banks (UCBs), consolidating all in
RBI Master Circular: Capital Adequacy Norms for Urban Co-op Banks
RBI consolidated capital adequacy rules for Urban Co-operative Banks (UCBs) as of April 1, 2025. Key updates: minimum ne
RBI revamps minor deposit account rules: unified framework from July 2025
RBI has consolidated and rationalised all past circulars on minor deposit accounts into a single set of instructions. Ba
RBI allows co-op banks to invest in NABARD's Shared Service Entity
RBI has permitted StCBs and CCBs to voluntarily invest up to 5% of their owned funds in the share capital of NABARD's ne
PSL Shortfall Contributions: New Exposure & Risk Weight Rules for UCBs
RBI has exempted PSL shortfall contributions to NABARD, NHB, SIDBI, and MUDRA from single/group exposure limits for UCBs
RBI's New Dividend Norms for Rural Co-operative Banks
RBI issued final directions on dividend declaration for Rural Co-operative Banks (RCBs), effective November 28, 2025. Ke
RBI Updates Rules
RBI issues new directions for rural co-operative banks on responsible business conduct, effective January 1, 2027.
RBI raises NRE deposit rate cap to LIBOR/SWAP plus 275 bps
RBI has increased the maximum interest rate on NRE term deposits (1-3 years) from LIBOR/SWAP plus 175 bps to plus 275 bp