{"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":"md13022","title":"Reserve Bank of India (Urban Co-operative Banks – Interest Rates on Advances) Directions, 2025","document_kind":"Directions","page":"https://bankpulse.ai/rule/md13022","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":"Urban co-operative banks","class_code":"UCB","from":"the document's own title","layer":"bankpulse_inference"},"dates":{"prid":"md13022","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/md13022.json","effective":"none held","transition":"none held","deadline":"none held"}},"rbi_source":{"url":"https://rbi.org.in/Scripts/BS_ViewMasDirections.aspx?id=13022","document_date":"Nov 28, 2025","read_by_bankpulse":"2026-08-21 16:19:04 UTC","text_sha256":"8415eb2f2a3fa74d0d7891262cea97653eb8f3e53c149878163f2b5e471b0365","word_count":1239,"standing_last_checked":"Standing checked on RBI’s Master Directions index, 15 September 2026, 5:58 am IST."},"counts":{"points_shown":30,"points_naming_an_rbi_paragraph":30,"points_stored":30,"actions":0,"amendments":0},"points":[{"n":1,"claim":"md13022-9db77ee8","page_group":"Chapter I. Preliminary","stored_section":"KEY DATES","heading":"Starts at once","plain_english":"The rules start the moment RBI issues them.","rbi_paragraph":"Para 2","rbi_char_offset":2653,"weight":"MUST KNOW","role":"Compliance","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13022#p1","layer":"bankpulse"},{"n":2,"claim":"md13022-a0b8ef54","page_group":"Chapter I. Preliminary","stored_section":"WHO IT APPLIES TO","heading":"Who must follow this","plain_english":"These rules apply to every urban co-operative bank.","rbi_paragraph":"Para 3","rbi_char_offset":2740,"weight":"MUST KNOW","role":"All staff","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13022#p2","layer":"bankpulse"},{"n":3,"claim":"md13022-acce5b6e","page_group":"Chapter I. 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General guidelines","stored_section":"KEY DATES","heading":"Short crops follow the season","plain_english":"For short crops the bank may follow harvesting and marketing seasons.","rbi_paragraph":"Para 6","rbi_char_offset":5034,"weight":"MUST KNOW","role":"Branch","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13022#p9","layer":"bankpulse"},{"n":7,"claim":"md13022-17099992","page_group":"Chapter II. General guidelines","stored_section":"WHO SHOULD ACT","heading":"Price on the borrower's rating","plain_english":"The risk charge must be reasonable and tied to the borrower's own internal rating.","rbi_paragraph":"Para 7(2)","rbi_char_offset":5691,"weight":"MUST KNOW","role":"Branch","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13022#p10","layer":"bankpulse"},{"n":8,"claim":"md13022-02ee3ac3","page_group":"Chapter II. 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General guidelines","stored_section":"WHO SHOULD ACT","heading":"Interest cannot pass the loan","plain_english":"For a small or marginal farmer the interest debited cannot exceed the principal.","rbi_paragraph":"Para 7(5)","rbi_char_offset":6471,"weight":"MUST KNOW","role":"Branch","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13022#p13","layer":"bankpulse"},{"n":11,"claim":"md13022-a3261fd8","page_group":"Chapter II. General guidelines","stored_section":"WHO SHOULD ACT","heading":"Five acres and less","plain_english":"RBI defines that farmer here: a land holding of 5 acres and less.","rbi_paragraph":"Para 7(5)","rbi_char_offset":6624,"weight":"MUST KNOW","role":"Branch","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":"A farmer with 4 acres takes a short term crop loan. He is inside RBI's 5 acres, so the interest the branch debits can never grow past the loan itself. A farmer with 9 acres is outside that line and this protection does not reach him.","anchor":"https://bankpulse.ai/rule/md13022#p14","layer":"bankpulse"},{"n":12,"claim":"md13022-e3d009da","page_group":"Chapter II. General guidelines","stored_section":"IMPACT","heading":"Small loan rates too","plain_english":"Rates and fees on microfinance loans must not be usurious either.","rbi_paragraph":"Para 9","rbi_char_offset":7360,"weight":"MUST KNOW","role":"Board","team":null,"products_covered":["microfinance"],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13022#p15","layer":"bankpulse"},{"n":13,"claim":"md13022-96d2d6dc","page_group":"Chapter II. General guidelines","stored_section":"IMPACT","heading":"RBI will look at them","plain_english":"These rates and charges are open to supervisory scrutiny by RBI.","rbi_paragraph":"Para 9","rbi_char_offset":7446,"weight":"MUST KNOW","role":"Compliance","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13022#p16","layer":"bankpulse"},{"n":14,"claim":"md13022-6090069e","page_group":"Chapter II. General guidelines","stored_section":"WHAT CHANGES","heading":"Publish the highest and lowest","plain_english":"The bank must publish its minimum and maximum interest rates.","rbi_paragraph":"Para 5","rbi_char_offset":4030,"weight":"DO IT","role":"Compliance","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13022#p17","layer":"bankpulse"},{"n":15,"claim":"md13022-00b962b9","page_group":"Chapter II. 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General guidelines","stored_section":"WHO SHOULD ACT","heading":"Check the cash flow first","plain_english":"A small personal loan needs a proper approval step that looks at the borrower's cash flow.","rbi_paragraph":"Para 7(1)","rbi_char_offset":5510,"weight":"DO IT","role":"Branch","team":null,"products_covered":["personal-loan"],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13022#p20","layer":"bankpulse"},{"n":18,"claim":"md13022-52d3b8b3","page_group":"Chapter II. General guidelines","stored_section":"WHO SHOULD ACT","heading":"Set a ceiling, publish it","plain_english":"A ceiling on interest and charges may be fixed, and should be made public.","rbi_paragraph":"Para 7(4)","rbi_char_offset":6305,"weight":"DO IT","role":"Compliance","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13022#p21","layer":"bankpulse"},{"n":19,"claim":"md13022-5ff76c53","page_group":"Chapter II. General guidelines","stored_section":"WHO SHOULD ACT","heading":"A policy for small loans","plain_english":"The board must approve a policy on how microfinance loans are priced.","rbi_paragraph":"Para 8","rbi_char_offset":6766,"weight":"DO IT","role":"Board","team":null,"products_covered":["microfinance"],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13022#p22","layer":"bankpulse"},{"n":20,"claim":"md13022-fd02c715","page_group":"Chapter II. General guidelines","stored_section":"WHO SHOULD ACT","heading":"Write the rate model down","plain_english":"It needs a documented way of reaching the all-inclusive interest rate.","rbi_paragraph":"Para 8(1)","rbi_char_offset":6906,"weight":"DO IT","role":"Compliance","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13022#p23","layer":"bankpulse"},{"n":21,"claim":"md13022-abfad404","page_group":"Chapter II. General guidelines","stored_section":"WHO SHOULD ACT","heading":"Break the rate into parts","plain_english":"Cost of funds, risk premium and margin must be set out separately.","rbi_paragraph":"Para 8(2)","rbi_char_offset":7008,"weight":"DO IT","role":"Compliance","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13022#p24","layer":"bankpulse"},{"n":22,"claim":"md13022-411f0077","page_group":"Chapter II. General guidelines","stored_section":"WHO SHOULD ACT","heading":"A spread range per borrower","plain_english":"The policy must give the range of each part for each borrower category.","rbi_paragraph":"Para 8(3)","rbi_char_offset":7189,"weight":"DO IT","role":"Compliance","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13022#p25","layer":"bankpulse"},{"n":23,"claim":"md13022-c43dfab8","page_group":"Chapter II. 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Repeal and Other Provisions","stored_section":"WHAT IT REPLACES","heading":"Old actions still stand","plain_english":"Anything done under the old rules stays governed by those old rules.","rbi_paragraph":"Para 11","rbi_char_offset":8024,"weight":"BACKGROUND","role":"Compliance","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13022#p28","layer":"bankpulse"},{"n":3,"claim":"md13022-76f8c80d","page_group":"Chapter III. Repeal and Other Provisions","stored_section":"WHAT IT REPLACES","heading":"Old approvals still count","plain_english":"Approvals given under the repealed rules now come under these rules.","rbi_paragraph":"Para 11","rbi_char_offset":8203,"weight":"BACKGROUND","role":"Compliance","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13022#p29","layer":"bankpulse"},{"n":4,"claim":"md13022-a1664389","page_group":"Chapter III. Repeal and Other Provisions","stored_section":"IMPACT","heading":"Other laws still apply","plain_english":"These rules add to other laws. They do not cut them down.","rbi_paragraph":"Para 12","rbi_char_offset":9061,"weight":"BACKGROUND","role":"Compliance","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13022#p30","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."}