{"what_this_is":"The machine-readable twin of the BankPulse page for one RBI rulebook. Same points, same dates, same paragraph references as the page a person reads. RBI's own wording is not reproduced here: each point names the RBI paragraph, the character offset into the text BankPulse read and the sha256 of that text, so the claim can be checked against RBI's own document.","schema_version":1,"release_id":"d653cdb0a5","generated_at":"2026-09-15T00:33:59.117975+00:00","id":"md12974","title":"Reserve Bank of India (All India Financial Institutions – Asset Liability Management) Directions, 2025","document_kind":"Directions","page":"https://bankpulse.ai/rule/md12974","status":"In force","importance":{"code":"MR","label":"MUST READ","weight":"Must read","why":"Binding RBI Directions naming this institution class in the title","layer":"bankpulse_inference"},"applies_to":{"shown":"All India financial institutions","class_code":"AIFI","from":"the document's own title","layer":"bankpulse_inference"},"dates":{"prid":"md12974","mode":"four_dates_v1","published":{"label":"Published","value":"Nov 28, 2025","stated":true,"why":"The day RBI put this document out."},"effective":{"label":"Starts to apply","value":"","stated":false,"why":"Not stated separately in this document. Read the rule itself before you assume a start date."},"transition":{"label":"Time to get ready","value":"","stated":false,"why":"Cannot be worked out until the day it starts to apply is known."},"deadline":{"label":"Last date to act","value":"","stated":false,"why":"No date to act by was found in this document. Other dates may sit inside single paragraphs."},"sources":{"published":"doc_date in data/highlights/md12974.json","effective":"none held","transition":"none held","deadline":"none held"}},"rbi_source":{"url":"https://rbi.org.in/Scripts/BS_ViewMasDirections.aspx?id=12974","document_date":"Nov 28, 2025","read_by_bankpulse":"2026-08-21 16:20:25 UTC","text_sha256":"4e157800b49378eafad8a81ad1f4d24650dabfbee08fa7a9e013bb320f44a44f","word_count":4138,"standing_last_checked":"Standing checked on RBI’s Master Directions index, 15 September 2026, 5:58 am IST."},"counts":{"points_shown":50,"points_naming_an_rbi_paragraph":50,"points_stored":50,"actions":0,"amendments":0},"points":[{"n":1,"claim":"md12974-06b718a8","page_group":"Opening paragraphs","stored_section":"THE CORE IDEA","heading":"What this book does","plain_english":"This book sets how an All India Financial Institution must manage its assets against its liabilities.","rbi_paragraph":"Opening paragraphs","rbi_char_offset":3660,"weight":"DO IT","role":"All staff","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md12974#p1","layer":"bankpulse"},{"n":1,"claim":"md12974-d735f6d7","page_group":"Chapter I. Preliminary","stored_section":"WHO IT APPLIES TO","heading":"Who is covered","plain_english":"These rules apply to the All India Financial Institutions.","rbi_paragraph":"Para 2","rbi_char_offset":3931,"weight":"BACKGROUND","role":"All staff","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md12974#p2","layer":"bankpulse"},{"n":2,"claim":"md12974-37b879b5","page_group":"Chapter I. Preliminary","stored_section":"KEY DATES","heading":"Start date","plain_english":"These rules took effect from the date RBI issued them.","rbi_paragraph":"Para 3","rbi_char_offset":4360,"weight":"BACKGROUND","role":"All staff","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md12974#p3","layer":"bankpulse"},{"n":3,"claim":"md12974-9c805314","page_group":"Chapter I. Preliminary","stored_section":"WHAT CHANGES","heading":"Words from the Acts","plain_english":"Any other word takes its meaning from the Banking Regulation Act or the RBI Act.","rbi_paragraph":"Para 5","rbi_char_offset":5146,"weight":"BACKGROUND","role":"All staff","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md12974#p4","layer":"bankpulse"},{"n":1,"claim":"md12974-bab906a6","page_group":"Chapter II. Role of Board","stored_section":"WHO SHOULD ACT","heading":"Move on when able","plain_english":"Where the systems allow it, the board must see the institution move to modern measurement techniques.","rbi_paragraph":"Para 9","rbi_char_offset":6519,"weight":"DO IT","role":"Board","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md12974#p5","layer":"bankpulse"},{"n":2,"claim":"md12974-80b6fba3","page_group":"Chapter II. Role of Board","stored_section":"WHO SHOULD ACT","heading":"The board owns the risk","plain_english":"The board carries overall responsibility for risk. It decides the policy and sets the limits.","rbi_paragraph":"Para 6","rbi_char_offset":5487,"weight":"BACKGROUND","role":"Board","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md12974#p6","layer":"bankpulse"},{"n":3,"claim":"md12974-91642241","page_group":"Chapter II. Role of Board","stored_section":"WHO SHOULD ACT","heading":"Set the liquidity appetite","plain_english":"The board frames the liquidity policy, including how much liquidity risk it will bear.","rbi_paragraph":"Para 7","rbi_char_offset":5950,"weight":"BACKGROUND","role":"Board","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md12974#p7","layer":"bankpulse"},{"n":4,"claim":"md12974-7a702433","page_group":"Chapter II. Role of Board","stored_section":"WHO SHOULD ACT","heading":"Sign off the trading book","plain_english":"The board or the committee approves the size, mix, maximum maturity and holding of the trading book.","rbi_paragraph":"Para 8","rbi_char_offset":6064,"weight":"BACKGROUND","role":"Board","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md12974#p8","layer":"bankpulse"},{"n":5,"claim":"md12974-3ea253b3","page_group":"Chapter II. Role of Board","stored_section":"WHO SHOULD ACT","heading":"Limits on negative gaps","plain_english":"The board approves limits on the running negative liquidity gap across every time bucket.","rbi_paragraph":"Para 10","rbi_char_offset":6734,"weight":"BACKGROUND","role":"Board","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md12974#p9","layer":"bankpulse"},{"n":6,"claim":"md12974-fdf5b761","page_group":"Chapter II. Role of Board","stored_section":"WHO SHOULD ACT","heading":"Limits on rate gaps","plain_english":"The board approves limits on the interest rate gap in each time bucket.","rbi_paragraph":"Para 11","rbi_char_offset":6859,"weight":"BACKGROUND","role":"Board","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md12974#p10","layer":"bankpulse"},{"n":7,"claim":"md12974-7a9db37a","page_group":"Chapter II. Role of Board","stored_section":"WHO SHOULD ACT","heading":"Approve the bucketing","plain_english":"The board approves how components of assets and liabilities are placed in time buckets.","rbi_paragraph":"Para 12","rbi_char_offset":7149,"weight":"BACKGROUND","role":"Board","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md12974#p11","layer":"bankpulse"},{"n":1,"claim":"md12974-ea8af94c","page_group":"Chapter III. Asset Liability Management Governance","stored_section":"WHO SHOULD ACT","heading":"Build the framework","plain_english":"The institution must build a framework for measuring liquidity, interest rate and foreign exchange risk.","rbi_paragraph":"Para 13","rbi_char_offset":7484,"weight":"DO IT","role":"All staff","team":null,"products_covered":["foreign-exchange"],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md12974#p12","layer":"bankpulse"},{"n":2,"claim":"md12974-249c0fc9","page_group":"Chapter III. Asset Liability Management Governance","stored_section":"WHO SHOULD ACT","heading":"Policy and tolerance","plain_english":"Risk policies and tolerance limits support it, and senior management must see them put in place.","rbi_paragraph":"Para 16","rbi_char_offset":8710,"weight":"DO IT","role":"Compliance","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md12974#p13","layer":"bankpulse"},{"n":3,"claim":"md12974-c3a5f7c3","page_group":"Chapter III. Asset Liability Management Governance","stored_section":"WHO SHOULD ACT","heading":"At the very least","plain_english":"At a minimum the systems must produce liquidity gap and interest rate gap reports.","rbi_paragraph":"Para 17","rbi_char_offset":8979,"weight":"DO IT","role":"Compliance","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md12974#p14","layer":"bankpulse"},{"n":4,"claim":"md12974-5b809439","page_group":"Chapter III. Asset Liability Management Governance","stored_section":"THE CORE IDEA","heading":"A formal system","plain_english":"The system puts market risk management on a formal footing.","rbi_paragraph":"Para 14","rbi_char_offset":7830,"weight":"BACKGROUND","role":"Technology","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md12974#p15","layer":"bankpulse"},{"n":5,"claim":"md12974-c6046312","page_group":"Chapter III. Asset Liability Management Governance","stored_section":"WHAT CHANGES","heading":"Three pillars","plain_english":"The process rests on information, organisation and process.","rbi_paragraph":"Para 15","rbi_char_offset":8250,"weight":"BACKGROUND","role":"All staff","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md12974#p16","layer":"bankpulse"},{"n":6,"claim":"md12974-b64f2822","page_group":"Chapter III. Asset Liability Management Governance","stored_section":"WHO SHOULD ACT","heading":"Senior management delivers it","plain_english":"Senior management is responsible for making the risk framework work.","rbi_paragraph":"Para 18","rbi_char_offset":9153,"weight":"BACKGROUND","role":"All staff","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md12974#p17","layer":"bankpulse"},{"n":7,"claim":"md12974-9bdcff39","page_group":"Chapter III. Asset Liability Management Governance","stored_section":"WHO SHOULD ACT","heading":"Set up an ALCO","plain_english":"The institution sets up a committee that manages the balance sheet as one, for risk and return.","rbi_paragraph":"Para 19","rbi_char_offset":9386,"weight":"BACKGROUND","role":"All staff","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md12974#p18","layer":"bankpulse"},{"n":8,"claim":"md12974-483750f3","page_group":"Chapter III. Asset Liability Management Governance","stored_section":"WHAT CHANGES","heading":"Who sits on it","plain_english":"Its make-up follows the size of the institution, its business mix and its complexity.","rbi_paragraph":"Para 20","rbi_char_offset":10784,"weight":"BACKGROUND","role":"All staff","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md12974#p19","layer":"bankpulse"},{"n":9,"claim":"md12974-83c62903","page_group":"Chapter III. Asset Liability Management Governance","stored_section":"WHAT CHANGES","heading":"A support group","plain_english":"A support group of operating staff may be formed to study and report the risk profile.","rbi_paragraph":"Para 21","rbi_char_offset":11277,"weight":"BACKGROUND","role":"Compliance","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md12974#p20","layer":"bankpulse"},{"n":10,"claim":"md12974-ca8ad5b7","page_group":"Chapter III. Asset Liability Management Governance","stored_section":"WHAT CHANGES","heading":"What ALM covers","plain_english":"The work covers liquidity risk, market risk and trading risk.","rbi_paragraph":"Para 22","rbi_char_offset":11686,"weight":"BACKGROUND","role":"All staff","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md12974#p21","layer":"bankpulse"},{"n":1,"claim":"md12974-8f8566db","page_group":"Chapter IV. Liquidity Risk Management","stored_section":"WHO SHOULD ACT","heading":"Judge the funding risk","plain_english":"The institution must judge the risk of not meeting its dues because assets cannot be sold quickly.","rbi_paragraph":"Para 23","rbi_char_offset":11986,"weight":"MUST KNOW","role":"All staff","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md12974#p22","layer":"bankpulse"},{"n":2,"claim":"md12974-2ee3153f","page_group":"Chapter IV. Liquidity Risk Management","stored_section":"WHO SHOULD ACT","heading":"A strong framework","plain_english":"The framework must identify, measure, watch and control liquidity risk, and project cash flows.","rbi_paragraph":"Para 26","rbi_char_offset":13435,"weight":"DO IT","role":"All staff","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md12974#p23","layer":"bankpulse"},{"n":3,"claim":"md12974-f231ee1d","page_group":"Chapter IV. Liquidity Risk Management","stored_section":"WHO SHOULD ACT","heading":"Watch for early signs","plain_english":"Early warning indicators must be used to spot rising risk in the liquidity position.","rbi_paragraph":"Para 27","rbi_char_offset":13767,"weight":"DO IT","role":"All staff","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md12974#p24","layer":"bankpulse"},{"n":4,"claim":"md12974-e3c61058","page_group":"Chapter IV. Liquidity Risk Management","stored_section":"WHO SHOULD ACT","heading":"Test under stress","plain_english":"Stress tests and scenario analyses must be run regularly to size possible exposures.","rbi_paragraph":"Para 28","rbi_char_offset":14219,"weight":"DO IT","role":"All staff","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md12974#p25","layer":"bankpulse"},{"n":5,"claim":"md12974-aebfe4b8","page_group":"Chapter IV. Liquidity Risk Management","stored_section":"WHAT CHANGES","heading":"Conditions for the book","plain_english":"Securities held in the trading book must meet stated conditions on composition and volume.","rbi_paragraph":"Para 31","rbi_char_offset":15764,"weight":"DO IT","role":"All staff","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md12974#p26","layer":"bankpulse"},{"n":6,"claim":"md12974-2ef2fb6d","page_group":"Chapter IV. Liquidity Risk Management","stored_section":"THE CORE IDEA","heading":"Govern the liquidity","plain_english":"Strong governance of liquidity risk, including a stated tolerance, is a key part of managing it.","rbi_paragraph":"Para 24","rbi_char_offset":12637,"weight":"BACKGROUND","role":"All staff","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md12974#p27","layer":"bankpulse"},{"n":7,"claim":"md12974-67593e42","page_group":"Chapter IV. Liquidity Risk Management","stored_section":"WHAT CHANGES","heading":"The maturity ladder","plain_english":"The maturity ladder is the standard tool for measuring net funding needs.","rbi_paragraph":"Para 29","rbi_char_offset":15076,"weight":"BACKGROUND","role":"All staff","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md12974#p28","layer":"bankpulse"},{"n":8,"claim":"md12974-9607a839","page_group":"Chapter IV. Liquidity Risk Management","stored_section":"WHAT CHANGES","heading":"Fixed time buckets","plain_english":"The maturity profile sets the buckets used to measure future cash flows.","rbi_paragraph":"Para 30","rbi_char_offset":15273,"weight":"BACKGROUND","role":"All staff","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md12974#p29","layer":"bankpulse"},{"n":9,"claim":"md12974-5a661796","page_group":"Chapter IV. Liquidity Risk Management","stored_section":"WHAT CHANGES","heading":"Slot them separately","plain_english":"Securities meeting those standards may be slotted as trading book holdings.","rbi_paragraph":"Para 32","rbi_char_offset":16295,"weight":"BACKGROUND","role":"All staff","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":"Trading book securities do not sit with the rest. They are slotted under 1 to 14 days, 15 to 28 days, and 29 to 90 days. A holding with a defeasance period of 20 days sits in the middle bucket.","anchor":"https://bankpulse.ai/rule/md12974#p30","layer":"bankpulse"},{"n":10,"claim":"md12974-2b5550bf","page_group":"Chapter IV. Liquidity Risk Management","stored_section":"WHAT CHANGES","heading":"An integrated option","plain_english":"An institution with the capability may, with board approval, adopt an integrated approach.","rbi_paragraph":"Para 34","rbi_char_offset":16709,"weight":"BACKGROUND","role":"Board","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md12974#p31","layer":"bankpulse"},{"n":11,"claim":"md12974-4af2c4bc","page_group":"Chapter IV. Liquidity Risk Management","stored_section":"IMPACT","heading":"The first two buckets","plain_english":"Mismatches are watched in every bucket, and the negative gap in the first two is capped.","rbi_paragraph":"Para 35","rbi_char_offset":17324,"weight":"BACKGROUND","role":"All staff","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md12974#p32","layer":"bankpulse"},{"n":12,"claim":"md12974-ddb169c0","page_group":"Chapter IV. Liquidity Risk Management","stored_section":"WHAT CHANGES","heading":"Place flows when they fall","plain_english":"The liquidity statement places every inflow and outflow in the bucket where it is expected.","rbi_paragraph":"Para 36","rbi_char_offset":17751,"weight":"BACKGROUND","role":"All staff","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md12974#p33","layer":"bankpulse"},{"n":13,"claim":"md12974-d356f5d3","page_group":"Chapter IV. Liquidity Risk Management","stored_section":"WHAT CHANGES","heading":"Count the forex flows","plain_english":"Rupee inflows and outflows from foreign exchange business go into the same statement.","rbi_paragraph":"Para 37","rbi_char_offset":18044,"weight":"BACKGROUND","role":"All staff","team":null,"products_covered":["foreign-exchange"],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md12974#p34","layer":"bankpulse"},{"n":1,"claim":"md12974-19b964bc","page_group":"Chapter V. Management of Currency Risk","stored_section":"WHO SHOULD ACT","heading":"A currency-wise view","plain_english":"A separate statement is kept, as it goes, for the foreign currency book.","rbi_paragraph":"Para 38","rbi_char_offset":18947,"weight":"BACKGROUND","role":"All staff","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md12974#p35","layer":"bankpulse"},{"n":1,"claim":"md12974-549696d6","page_group":"Chapter VI. Interest Rate Risk Management (IRR)","stored_section":"WHAT CHANGES","heading":"Twenty-eight days first","plain_english":"Interest rate gaps are identified in fixed buckets, the first of them 1 to 28 days.","rbi_paragraph":"Para 44","rbi_char_offset":22123,"weight":"MUST KNOW","role":"All staff","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":"The first bucket runs 1 to 28 days. The next runs 29 days to 3 months. Then over 3 months to 6 months, and over 6 months to 1 year. A repricing at day 40 falls in the second bucket.","anchor":"https://bankpulse.ai/rule/md12974#p36","layer":"bankpulse"},{"n":2,"claim":"md12974-f57b0cbf","page_group":"Chapter VI. Interest Rate Risk Management (IRR)","stored_section":"WHO SHOULD ACT","heading":"Start with gap analysis","plain_english":"The institution uses traditional gap analysis to measure interest rate risk.","rbi_paragraph":"Para 40","rbi_char_offset":20029,"weight":"BACKGROUND","role":"All staff","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md12974#p37","layer":"bankpulse"},{"n":3,"claim":"md12974-38b8ff9c","page_group":"Chapter VI. Interest Rate Risk Management (IRR)","stored_section":"WHO SHOULD ACT","heading":"Work out the difference","plain_english":"Under gap analysis the institution measures the difference between rate sensitive liabilities and assets.","rbi_paragraph":"Para 41","rbi_char_offset":20432,"weight":"BACKGROUND","role":"All staff","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md12974#p38","layer":"bankpulse"},{"n":4,"claim":"md12974-639404fd","page_group":"Chapter VI. Interest Rate Risk Management (IRR)","stored_section":"WHAT CHANGES","heading":"Group into buckets","plain_english":"The gap report groups rate sensitive items into time buckets.","rbi_paragraph":"Para 42","rbi_char_offset":21066,"weight":"BACKGROUND","role":"Compliance","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md12974#p39","layer":"bankpulse"},{"n":5,"claim":"md12974-19968b4d","page_group":"Chapter VI. Interest Rate Risk Management (IRR)","stored_section":"WHAT CHANGES","heading":"Slot by repricing","plain_english":"Trading book securities are slotted by residual maturity, or by repricing for floating rate paper.","rbi_paragraph":"Para 45","rbi_char_offset":22504,"weight":"BACKGROUND","role":"All staff","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md12974#p40","layer":"bankpulse"},{"n":6,"claim":"md12974-0744e06e","page_group":"Chapter VI. Interest Rate Risk Management (IRR)","stored_section":"WHO SHOULD ACT","heading":"Limits with board approval","plain_english":"The board or the committee approves a limit on each gap.","rbi_paragraph":"Para 46","rbi_char_offset":22805,"weight":"BACKGROUND","role":"Board","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md12974#p41","layer":"bankpulse"},{"n":1,"claim":"md12974-afb6f283","page_group":"Chapter VII. General","stored_section":"WHO SHOULD ACT","heading":"Price funds internally","plain_english":"A properly designed internal transfer pricing mechanism must be part of the system.","rbi_paragraph":"Para 50","rbi_char_offset":24772,"weight":"DO IT","role":"Technology","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md12974#p42","layer":"bankpulse"},{"n":1,"claim":"md12974-f4eec1ea","page_group":"Chapter VIII. Monitoring and Reporting","stored_section":"WHO SHOULD ACT","heading":"Act on what you find","plain_english":"Senior management and the board must review these statements and frame corrective steps.","rbi_paragraph":"Para 53","rbi_char_offset":25656,"weight":"DO IT","role":"Board","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md12974#p43","layer":"bankpulse"},{"n":2,"claim":"md12974-f9187438","page_group":"Chapter VIII. Monitoring and Reporting","stored_section":"KEY DATES","heading":"Fortnightly liquidity","plain_english":"The liquidity statement is prepared every fortnight.","rbi_paragraph":"Para 51","rbi_char_offset":25453,"weight":"BACKGROUND","role":"All staff","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md12974#p44","layer":"bankpulse"},{"n":3,"claim":"md12974-0a73c202","page_group":"Chapter VIII. Monitoring and Reporting","stored_section":"KEY DATES","heading":"Monthly rate statement","plain_english":"The interest rate sensitivity statement is prepared every month.","rbi_paragraph":"Para 52","rbi_char_offset":25550,"weight":"BACKGROUND","role":"All staff","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md12974#p45","layer":"bankpulse"},{"n":4,"claim":"md12974-a5e47163","page_group":"Chapter VIII. Monitoring and Reporting","stored_section":"WHO SHOULD ACT","heading":"Both go to RBI","plain_english":"Both statements are sent to RBI's Department of Supervision.","rbi_paragraph":"Para 54","rbi_char_offset":25862,"weight":"BACKGROUND","role":"All staff","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md12974#p46","layer":"bankpulse"},{"n":1,"claim":"md12974-ba699046","page_group":"Chapter IX. Repeal and Other Provisions","stored_section":"WHAT IT REPLACES","heading":"Old instructions repealed","plain_english":"The old rules on this subject were repealed by RBI's own circular.","rbi_paragraph":"Para 55","rbi_char_offset":26081,"weight":"BACKGROUND","role":"All staff","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md12974#p47","layer":"bankpulse"},{"n":2,"claim":"md12974-34cd0eed","page_group":"Chapter IX. Repeal and Other Provisions","stored_section":"WHAT IT REPLACES","heading":"Earlier action stands","plain_english":"What was done or begun under the old rules is still ruled by them.","rbi_paragraph":"Para 56","rbi_char_offset":26466,"weight":"BACKGROUND","role":"All staff","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":"A show cause notice was issued under the old rules last year. The repeal does not move it. Any action taken or initiated under the repealed directions is still governed by them. The new rulebook applies to what comes after.","anchor":"https://bankpulse.ai/rule/md12974#p48","layer":"bankpulse"},{"n":3,"claim":"md12974-9d276afe","page_group":"Chapter IX. Repeal and Other Provisions","stored_section":"WHAT CHANGES","heading":"Adds to other law","plain_english":"These rules add to other laws in force. They take nothing away.","rbi_paragraph":"Para 57","rbi_char_offset":27534,"weight":"BACKGROUND","role":"All staff","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":"A bank follows these Directions and thinks the matter is closed. It is not. Any other laws, rules, regulations or directions in force still apply on top. Where another one asks for more, the bank does the more.","anchor":"https://bankpulse.ai/rule/md12974#p49","layer":"bankpulse"},{"n":4,"claim":"md12974-383b10a3","page_group":"Chapter IX. Repeal and Other Provisions","stored_section":"WHO SHOULD ACT","heading":"RBI's reading is final","plain_english":"RBI may clear up doubts, and its reading of any clause is final.","rbi_paragraph":"Para 58","rbi_char_offset":27739,"weight":"BACKGROUND","role":"All staff","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md12974#p50","layer":"bankpulse"}],"actions":[],"amendments":[],"layers":{"rbi_source":"Facts taken from RBI's own document.","bankpulse":"BankPulse's plain-English summary of RBI's document.","bankpulse_inference":"BankPulse's own inference, not stated by RBI."},"rbi_wording_not_included":"By design. BankPulse never republishes RBI's exact sentences. Use rbi_paragraph with rbi_source.url to read RBI's own words.","terms":"BankPulse's plain-English summaries are BankPulse's own work. The underlying regulation is the Reserve Bank of India's. Always check the RBI document named in rbi_source before acting."}