Skip to content
BankPulseBETARegulatory intelligence for Indian banking
Directions · Reserve Bank of India

Reserve Bank of India (Rural Co-operative Banks – Resolution of Stressed Assets) Directions, 2025 (Updated as on July 01, 2026)

UR

The four dates on this rule

At a glanceA borrower cannot demand a compromise settlement; it is the lender's judgement. These Directions apply to every rural co-operative bank. Settlements and write-offs must be reported to the next higher authority each quarter.

Official RBI page

What it says

Chapter I. Preliminary

1. Bad loan rules for RCBs

This paper sets what rural co-operative banks must do when a borrower stops paying.

2. Start date

These Directions came into effect on the day RBI issued them.

3. Who is covered

These Directions apply to every rural co-operative bank.

4. What default means

Default is non-payment of any part of a debt once it is due and payable.

5. Write-off is no waiver

A technical write-off is for the books only and waives no claim on the borrower.

Chapter II. General Requirements

Must know

1. Sanctioner cannot approve

An official who sanctioned the loan may not approve its compromise settlement.

Do it

2. Settlement policy approval

The Board must approve the bank's policy for compromise settlements.

3. Approval seniority rule

The officer approving a settlement must rank above whoever sanctioned the loan.

4. What the policy must hold

The Board policy must set out the objective grounds for relief to each kind of borrower.

5. Early stress flagging

Banks must flag loan stress right away as a special mention account.

6. Report to the utilities

Financial information must be filed with the insolvency information utilities.

7. Show it in the notes

The position must be disclosed in the notes to the accounts.

Background

8. Full Board approval

Settling with a fraud or wilful defaulter account needs the full Board's approval.

Chapter III. Prudential Norms Applicable to Restructuring

1. Fraud accounts barred

Banks cannot restructure loans linked to fraud or wilful default.

Chapter IV. Special Cases of Restructuring

Must know

1. Settlement is not a right

A borrower cannot demand a compromise settlement; it is the lender's judgement.

2. Three months makes restructuring

A settlement paid over more than three months counts as restructuring.

3. 12-month lending gap

Banks must wait at least 12 months before lending again after a settlement.

BankPulse example. Suppose a settlement is agreed in March. The bank may not lend to that borrower again for at least 12 months. Its own board policy may set a longer wait, but never a shorter one. This does not cover farm credit.

Do it

4. Most recovery, least cost

A compromise settlement must aim at the most recovery at the least cost.

5. Report upward each quarter

Settlements and write-offs must be reported to the next higher authority each quarter.

6. Top approvals to Board

Compromise settlements and write-offs approved by the chief executive or a Board committee must be reported to the Board.

7. A cooling period after settlement

A cooling period set by the Board policy must pass before fresh exposure to that borrower.

Background

8. Part settlement is restructuring

Any part settlement with the borrower also counts as restructuring.

9. The right to recover stays

A technical write-off does not weaken the right to recover from the borrower.

10. Measure against the original

After a part write-off, provisions and grading still work off the original exposure.

11. Board sets the farm gap

The cooling period for farm credit is set by the lender's own Board policy.

12. Cash settlement allowed

Banks can still settle for cash with fraud or wilful defaulter accounts.

Chapter VII. Repeal and Other Provisions

1. Older rules repealed

This document repeals all earlier stressed-asset rules for commercial banks.

2. Old cases continue

Action already taken under the old rules stays governed by them.

3. Relation to other laws

These Directions add to other laws; they do not cancel any of them.

How this rule has changed

The points above are the rule as it stands today, after every change listed here.

  1. Issued on Nov 28, 2025. This is the date RBI put the rule out.

  2. Changed on Apr 29, 2026.

    • Board policy change. Each bank's board policy must include how it will resolve loans under Chapter IV-A after calamities.
    • Policy must set terms. Board policy must lay down clear rules for what relief terms apply to different borrowers or loan types.
    • Policy must set measures. Board policy must list possible relief actions and measurable checks for deciding such relief.
  3. Changed on Jul 16, 2026.

    • Policy on SNFA. Each bank must frame policy terms for how it will take specified non-financial assets and how it will sell them.
    • Policy limits on SNFA. Policy must fix SNFA share of assets, who is eligible, approval levels, recovery steps before takeover, and disposal time.
    • SNFA coverage. These prudential rules apply to all specified non-financial assets, including those taken under the SARFAESI Act, 2002.
    • Legacy SNFA deadline. Old specified non-financial assets on books on September 30, 2026 must meet these rules by September 30, 2027.

The same subject for other kinds of institution

The same subject for other kinds of institution.

Other RBI rules for rural co-operative banks

Every rule page on BankPulse  ·  Questions bankers ask, answered