{"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":"md13050","title":"Reserve Bank of India (Regional Rural Banks – Credit Risk Management) Directions, 2025 (updated as on July 01, 2026)","document_kind":"Directions","page":"https://bankpulse.ai/rule/md13050","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":"Regional rural banks","class_code":"RRB","from":"the document's own title","layer":"bankpulse_inference"},"dates":{"prid":"md13050","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/md13050.json","effective":"none held","transition":"none held","deadline":"none held"}},"rbi_source":{"url":"https://rbi.org.in/Scripts/BS_ViewMasDirections.aspx?id=13050","document_date":"Nov 28, 2025","read_by_bankpulse":"2026-08-21 16:18:22 UTC","text_sha256":"d50677529f417284790247228a87d40e64648424654929a7bcb41513690ce414","word_count":6875,"standing_last_checked":"Standing checked on RBI’s Master Directions index, 15 September 2026, 5:58 am IST."},"counts":{"points_shown":47,"points_naming_an_rbi_paragraph":47,"points_stored":47,"actions":0,"amendments":3},"points":[{"n":1,"claim":"md13050-23e52357","page_group":"Opening paragraphs","stored_section":"THE CORE IDEA","heading":"Credit risk spreads","plain_english":"Credit risk left unmanaged can spread into other kinds of risk.","rbi_paragraph":"Opening paragraphs","rbi_char_offset":2963,"weight":"DO IT","role":"All staff","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13050#p1","layer":"bankpulse"},{"n":1,"claim":"md13050-4c2621ad","page_group":"Chapter I. Preliminary","stored_section":"THE CORE IDEA","heading":"Credit risk rules for RRBs","plain_english":"This document sets the credit risk management rules for regional rural banks.","rbi_paragraph":"Para 1","rbi_char_offset":3980,"weight":"DO IT","role":"All staff","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13050#p2","layer":"bankpulse"},{"n":2,"claim":"md13050-4594e905","page_group":"Chapter I. Preliminary","stored_section":"WHO IT APPLIES TO","heading":"Who is covered","plain_english":"These Directions apply to every regional rural bank.","rbi_paragraph":"Para 3","rbi_char_offset":4178,"weight":"DO IT","role":"All staff","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13050#p3","layer":"bankpulse"},{"n":3,"claim":"md13050-83ced371","page_group":"Chapter I. Preliminary","stored_section":"THE CORE IDEA","heading":"What an entity means","plain_english":"An entity here means a person other than an individual or a Hindu Undivided Family.","rbi_paragraph":"Para 4(27)","rbi_char_offset":7308,"weight":"DO IT","role":"All staff","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13050#p4","layer":"bankpulse"},{"n":1,"claim":"md13050-e441184f","page_group":"Chapter II. Board Approved Policies","stored_section":"WHO SHOULD ACT","heading":"Board policy on credit risk","plain_english":"The Board must approve a full policy on managing credit risk.","rbi_paragraph":"Para 4(2)","rbi_char_offset":13501,"weight":"DO IT","role":"All staff","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13050#p5","layer":"bankpulse"},{"n":2,"claim":"md13050-19d3fb82","page_group":"Chapter II. Board Approved Policies","stored_section":"WHO SHOULD ACT","heading":"Policy covers three areas","plain_english":"The policy must cover related party lending, property valuation and loan renewal.","rbi_paragraph":"Para 4(2)","rbi_char_offset":13589,"weight":"DO IT","role":"All staff","team":null,"products_covered":["deposit-account"],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13050#p6","layer":"bankpulse"},{"n":3,"claim":"md13050-ade31f1c","page_group":"Chapter II. Board Approved Policies","stored_section":"WHAT CHANGES","heading":"Allow for calamities","plain_english":"Credit assessment must allow for the effect of a calamity on the borrower.","rbi_paragraph":"Para 4(2)","rbi_char_offset":14041,"weight":"DO IT","role":"All staff","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13050#p7","layer":"bankpulse"},{"n":1,"claim":"md13050-f3227e6c","page_group":"Chapter III. Statutory Restrictions","stored_section":"WHAT CHANGES","heading":"No loan on own shares","plain_english":"A lender cannot lend against the security of its own shares.","rbi_paragraph":"Para 6(1)","rbi_char_offset":14310,"weight":"DO IT","role":"All staff","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13050#p8","layer":"bankpulse"},{"n":2,"claim":"md13050-cebdd8dc","page_group":"Chapter III. Statutory Restrictions","stored_section":"WHAT CHANGES","heading":"Trustee director trusts","plain_english":"An advance to a public trust whose trustee is a director of the bank is caught by this.","rbi_paragraph":"Para 7(1)","rbi_char_offset":15937,"weight":"DO IT","role":"All staff","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13050#p9","layer":"bankpulse"},{"n":3,"claim":"md13050-7a1e59d4","page_group":"Chapter III. Statutory Restrictions","stored_section":"WHAT CHANGES","heading":"Staff rate is the floor","plain_english":"Such a loan cannot carry a rate lower than the rate charged to employees.","rbi_paragraph":"Para 7(1)","rbi_char_offset":16687,"weight":"DO IT","role":"All staff","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13050#p10","layer":"bankpulse"},{"n":4,"claim":"md13050-776c8e0d","page_group":"Chapter III. Statutory Restrictions","stored_section":"WHAT CHANGES","heading":"Director facility fully secured","plain_english":"A non-fund facility for a director must be fully backed by cash of equal value.","rbi_paragraph":"Para 7(1)","rbi_char_offset":16864,"weight":"DO IT","role":"All staff","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13050#p11","layer":"bankpulse"},{"n":5,"claim":"md13050-4eb73b57","page_group":"Chapter III. Statutory Restrictions","stored_section":"WHAT CHANGES","heading":"Wrong write-off is void","plain_english":"A remission made against the law has no effect at all.","rbi_paragraph":"Para 14(1)","rbi_char_offset":17674,"weight":"DO IT","role":"All staff","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13050#p12","layer":"bankpulse"},{"n":6,"claim":"md13050-ca4c4adf","page_group":"Chapter III. Statutory Restrictions","stored_section":"WHAT CHANGES","heading":"No funding share buy-back","plain_english":"A lender cannot fund a company buying back its own shares.","rbi_paragraph":"Para 16(3)","rbi_char_offset":18337,"weight":"DO IT","role":"All staff","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13050#p13","layer":"bankpulse"},{"n":1,"claim":"md13050-21f72ce7","page_group":"Chapter IIIA. Regulatory Restrictions","stored_section":"WHO SHOULD ACT","heading":"Board owns related party rules","plain_english":"The Board carries overall responsibility for the related party lending policy.","rbi_paragraph":"Para 16(3)","rbi_char_offset":18689,"weight":"DO IT","role":"All staff","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13050#p14","layer":"bankpulse"},{"n":2,"claim":"md13050-8f12fb4b","page_group":"Chapter IIIA. Regulatory Restrictions","stored_section":"WHO SHOULD ACT","heading":"Extra safeguards required","plain_english":"The policy must set extra safeguards against the risks of related party lending.","rbi_paragraph":"Para 16(3)","rbi_char_offset":19096,"weight":"DO IT","role":"All staff","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13050#p15","layer":"bankpulse"},{"n":3,"claim":"md13050-6b7d3bb7","page_group":"Chapter IIIA. Regulatory Restrictions","stored_section":"WHO SHOULD ACT","heading":"Staff and their relatives","plain_english":"The policy must cover lending to specified employees and their relatives.","rbi_paragraph":"Para 16(3)","rbi_char_offset":19243,"weight":"DO IT","role":"All staff","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13050#p16","layer":"bankpulse"},{"n":4,"claim":"md13050-be10907e","page_group":"Chapter IIIA. Regulatory Restrictions","stored_section":"WHAT CHANGES","heading":"Cap on related party loans","plain_english":"The policy must set a total limit for loans to related parties.","rbi_paragraph":"Para 16(3)","rbi_char_offset":19655,"weight":"DO IT","role":"All staff","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13050#p17","layer":"bankpulse"},{"n":5,"claim":"md13050-cc96f411","page_group":"Chapter IIIA. Regulatory Restrictions","stored_section":"WHAT CHANGES","heading":"Sub-limits within the cap","plain_english":"Inside that total there must be sub-limits for one party and for a group.","rbi_paragraph":"Para 16(3)","rbi_char_offset":19750,"weight":"DO IT","role":"All staff","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13050#p18","layer":"bankpulse"},{"n":6,"claim":"md13050-f6e8b572","page_group":"Chapter IIIA. Regulatory Restrictions","stored_section":"WHAT CHANGES","heading":"Inside RBI limits","plain_english":"Those limits must sit inside the exposure limits RBI already sets.","rbi_paragraph":"Para 16(3)","rbi_char_offset":19850,"weight":"DO IT","role":"All staff","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13050#p19","layer":"bankpulse"},{"n":7,"claim":"md13050-bd4a19ea","page_group":"Chapter IIIA. Regulatory Restrictions","stored_section":"WHAT CHANGES","heading":"Judged transaction by transaction","plain_english":"The materiality threshold applies to each loan on its own.","rbi_paragraph":"Para 16(3)","rbi_char_offset":21393,"weight":"DO IT","role":"All staff","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13050#p20","layer":"bankpulse"},{"n":8,"claim":"md13050-40f4ed88","page_group":"Chapter IIIA. Regulatory Restrictions","stored_section":"WHAT CHANGES","heading":"Thresholds may differ","plain_english":"The materiality threshold may differ for different kinds of related party loan.","rbi_paragraph":"Para 16(3)","rbi_char_offset":21465,"weight":"DO IT","role":"All staff","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13050#p21","layer":"bankpulse"},{"n":9,"claim":"md13050-a63fd00d","page_group":"Chapter IIIA. Regulatory Restrictions","stored_section":"WHAT CHANGES","heading":"Board sanctions the big ones","plain_english":"A loan above that threshold must be sanctioned by the Board or its committee.","rbi_paragraph":"Para 16(3)","rbi_char_offset":21634,"weight":"DO IT","role":"All staff","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13050#p22","layer":"bankpulse"},{"n":10,"claim":"md13050-5e2a6fe0","page_group":"Chapter IIIA. Regulatory Restrictions","stored_section":"WHO SHOULD ACT","heading":"Step out of the room","plain_english":"Anyone connected to the borrower must take no part in the decision.","rbi_paragraph":"Para 16(3)","rbi_char_offset":21959,"weight":"DO IT","role":"All staff","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13050#p23","layer":"bankpulse"},{"n":11,"claim":"md13050-bac85ae1","page_group":"Chapter IIIA. Regulatory Restrictions","stored_section":"KEY DATES","heading":"Yearly report to the Board","plain_english":"Loans to specified employees and their relatives are reported to the Board each year.","rbi_paragraph":"Para 16(3)","rbi_char_offset":22740,"weight":"DO IT","role":"All staff","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13050#p24","layer":"bankpulse"},{"n":12,"claim":"md13050-c3aaf93c","page_group":"Chapter IIIA. Regulatory Restrictions","stored_section":"WHO SHOULD ACT","heading":"Deviations to audit","plain_english":"Any departure from the policy must be reported to the audit committee with reasons.","rbi_paragraph":"Para 16(3)","rbi_char_offset":23123,"weight":"DO IT","role":"All staff","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13050#p25","layer":"bankpulse"},{"n":13,"claim":"md13050-8a5b57ae","page_group":"Chapter IIIA. Regulatory Restrictions","stored_section":"IMPACT","heading":"Breach draws action","plain_english":"Breaking or dodging these rules brings supervisory and enforcement action.","rbi_paragraph":"Para 16(3)","rbi_char_offset":23610,"weight":"DO IT","role":"All staff","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13050#p26","layer":"bankpulse"},{"n":1,"claim":"md13050-59c32eab","page_group":"Chapter IV. Valuation of Properties - Empanelment of Valuers","stored_section":"WHAT CHANGES","heading":"Valuer must be independent","plain_english":"A valuer must be professionally qualified and free of any interest in the property.","rbi_paragraph":"Para 18(2)","rbi_char_offset":24328,"weight":"DO IT","role":"All staff","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13050#p27","layer":"bankpulse"},{"n":2,"claim":"md13050-afca164d","page_group":"Chapter IV. Valuation of Properties - Empanelment of Valuers","stored_section":"WHAT CHANGES","heading":"Two reports above ₹50 crore","plain_english":"A property valued at ₹50 crore or more needs two independent valuation reports.","rbi_paragraph":"Para 18(3)","rbi_char_offset":24473,"weight":"DO IT","role":"All staff","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":"A property valued at ₹65 crore needs two independent valuation reports. That is because it is ₹50 crore or above. A property valued at ₹30 crore is below ₹50 crore, so this rule does not apply.","anchor":"https://bankpulse.ai/rule/md13050#p28","layer":"bankpulse"},{"n":3,"claim":"md13050-4789f516","page_group":"Chapter IV. Valuation of Properties - Empanelment of Valuers","stored_section":"WHO SHOULD ACT","heading":"Keep a list of valuers","plain_english":"The lender must keep a register of approved valuers.","rbi_paragraph":"Para 20","rbi_char_offset":25994,"weight":"DO IT","role":"All staff","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13050#p29","layer":"bankpulse"},{"n":4,"claim":"md13050-f09b3d22","page_group":"Chapter IV. Valuation of Properties - Empanelment of Valuers","stored_section":"WHO SHOULD ACT","heading":"Minimum qualification for valuers","plain_english":"The bank may set a minimum qualification for a valuer to be listed.","rbi_paragraph":"Para 20","rbi_char_offset":26131,"weight":"DO IT","role":"All staff","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13050#p30","layer":"bankpulse"},{"n":5,"claim":"md13050-f4c23629","page_group":"Chapter IV. Valuation of Properties - Empanelment of Valuers","stored_section":"WHAT CHANGES","heading":"Different assets, different skills","plain_english":"Different qualifications may be set for land, machinery or farm land.","rbi_paragraph":"Para 20","rbi_char_offset":26197,"weight":"DO IT","role":"All staff","team":null,"products_covered":["agriculture-loan"],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13050#p31","layer":"bankpulse"},{"n":6,"claim":"md13050-bc8066c0","page_group":"Chapter IV. Valuation of Properties - Empanelment of Valuers","stored_section":"WHAT CHANGES","heading":"Qualifications from the law","plain_english":"The qualifications set must follow those in the Wealth Tax Act.","rbi_paragraph":"Para 20","rbi_char_offset":26390,"weight":"DO IT","role":"All staff","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13050#p32","layer":"bankpulse"},{"n":7,"claim":"md13050-bd1af01f","page_group":"Chapter IV. Valuation of Properties - Empanelment of Valuers","stored_section":"WHAT CHANGES","heading":"Follow accounting standards","plain_english":"The bank must also follow the accounting standard issued by the chartered accountants body.","rbi_paragraph":"Para 21","rbi_char_offset":26519,"weight":"DO IT","role":"All staff","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13050#p33","layer":"bankpulse"},{"n":1,"claim":"md13050-c8594407","page_group":"Chapter V. Filing of Security Interest relating to Immovable (other than equitable mortgage), Movable, and Intangible Assets in CERSAI","stored_section":"WHAT CHANGES","heading":"Registry open to all","plain_english":"The central registry records must be open to search by any lender or person.","rbi_paragraph":"Para 23","rbi_char_offset":27558,"weight":"DO IT","role":"All staff","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13050#p34","layer":"bankpulse"},{"n":2,"claim":"md13050-6d2b3c25","page_group":"Chapter V. Filing of Security Interest relating to Immovable (other than equitable mortgage), Movable, and Intangible Assets in CERSAI","stored_section":"WHAT CHANGES","heading":"Every charge must be filed","plain_english":"Every transaction creating a security interest must be filed with the registry.","rbi_paragraph":"Para 23","rbi_char_offset":27953,"weight":"DO IT","role":"All staff","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13050#p35","layer":"bankpulse"},{"n":1,"claim":"md13050-bf16c968","page_group":"Chapter VIA. Maintenance of Cash Credit Accounts, Current Accounts and Overdraft Accounts by Banks","stored_section":"KEY DATES","heading":"Check every half year","plain_english":"Accounts must be checked at least once every six months.","rbi_paragraph":"Para 25(3)","rbi_char_offset":34805,"weight":"DO IT","role":"All staff","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13050#p36","layer":"bankpulse"},{"n":2,"claim":"md13050-a065dbc2","page_group":"Chapter VIA. Maintenance of Cash Credit Accounts, Current Accounts and Overdraft Accounts by Banks","stored_section":"KEY DATES","heading":"Three months to fix","plain_english":"Conversion or closure must be finished within three months of finding the account ineligible.","rbi_paragraph":"Para 25(1)","rbi_char_offset":35604,"weight":"DO IT","role":"All staff","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13050#p37","layer":"bankpulse"},{"n":3,"claim":"md13050-f3394653","page_group":"Chapter VIA. Maintenance of Cash Credit Accounts, Current Accounts and Overdraft Accounts by Banks","stored_section":"WHAT CHANGES","heading":"Flag it in the system","plain_english":"Such accounts must be flagged in the core banking system.","rbi_paragraph":"Para 25(1)","rbi_char_offset":35726,"weight":"DO IT","role":"All staff","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13050#p38","layer":"bankpulse"},{"n":4,"claim":"md13050-292ba24c","page_group":"Chapter VIA. Maintenance of Cash Credit Accounts, Current Accounts and Overdraft Accounts by Banks","stored_section":"WHAT CHANGES","heading":"Watch borrower and account","plain_english":"Where a borrower has several accounts, both the borrower and each account must be watched.","rbi_paragraph":"Para 25(1)","rbi_char_offset":35921,"weight":"DO IT","role":"All staff","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13050#p39","layer":"bankpulse"},{"n":5,"claim":"md13050-f2c897b6","page_group":"Chapter VIA. Maintenance of Cash Credit Accounts, Current Accounts and Overdraft Accounts by Banks","stored_section":"WHAT CHANGES","heading":"Only the stated business","plain_english":"An account may be used only for the business it was opened for.","rbi_paragraph":"Para 25(1)","rbi_char_offset":36125,"weight":"DO IT","role":"All staff","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13050#p40","layer":"bankpulse"},{"n":6,"claim":"md13050-1f3daa29","page_group":"Chapter VIA. Maintenance of Cash Credit Accounts, Current Accounts and Overdraft Accounts by Banks","stored_section":"WHAT CHANGES","heading":"No pass-through use","plain_english":"These accounts must never be used to pass money for third parties.","rbi_paragraph":"Para 25(1)","rbi_char_offset":36238,"weight":"DO IT","role":"All staff","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13050#p41","layer":"bankpulse"},{"n":1,"claim":"md13050-05769531","page_group":"Chapter VII. Loan System for Delivery of Bank Credit","stored_section":"WHAT CHANGES","heading":"Sixty per cent as loan","plain_english":"For such borrowers, 60 per cent of the working capital limit must be drawn as a loan.","rbi_paragraph":"Para 40(1)","rbi_char_offset":38312,"weight":"DO IT","role":"All staff","team":null,"products_covered":["working-capital"],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13050#p42","layer":"bankpulse"},{"n":2,"claim":"md13050-db2099fc","page_group":"Chapter VII. Loan System for Delivery of Bank Credit","stored_section":"WHAT CHANGES","heading":"Commercial paper counts","plain_english":"Commercial paper the lender buys counts inside that loan portion.","rbi_paragraph":"Para 40(1)","rbi_char_offset":38841,"weight":"DO IT","role":"All staff","team":null,"products_covered":["working-capital"],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13050#p43","layer":"bankpulse"},{"n":3,"claim":"md13050-015d2aaf","page_group":"Chapter VII. Loan System for Delivery of Bank Credit","stored_section":"WHAT CHANGES","heading":"Intra-day is outside","plain_english":"The minimum loan portion rule does not apply to intra-day credit.","rbi_paragraph":"Para 40(1)","rbi_char_offset":39046,"weight":"DO IT","role":"All staff","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13050#p44","layer":"bankpulse"},{"n":1,"claim":"md13050-1079c38d","page_group":"Chapter IX. Repeal and other provisions","stored_section":"WHAT IT REPLACES","heading":"Old actions preserved","plain_english":"Anything already done under the old rules stays governed by those old rules.","rbi_paragraph":"Para 43","rbi_char_offset":41086,"weight":"DO IT","role":"All staff","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13050#p45","layer":"bankpulse"},{"n":2,"claim":"md13050-76f8c80d","page_group":"Chapter IX. Repeal and other provisions","stored_section":"WHAT IT REPLACES","heading":"Approvals carried over","plain_english":"Approvals given under the cancelled rules are now treated as given under these rules.","rbi_paragraph":"Para 43","rbi_char_offset":41265,"weight":"DO IT","role":"All staff","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13050#p46","layer":"bankpulse"},{"n":3,"claim":"md13050-ed77acc3","page_group":"Chapter IX. Repeal and other provisions","stored_section":"IMPACT","heading":"Other laws still apply","plain_english":"These Directions add to other laws. They do not replace any of them.","rbi_paragraph":"Para 44","rbi_char_offset":42161,"weight":"DO IT","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/md13050#p47","layer":"bankpulse"}],"actions":[],"amendments":[{"id":"nt13219","title":"Reserve Bank of India (Regional Rural Banks – Credit Risk Management) – Amendment Directions, 2025","date":"Dec 11, 2025","rbi_url":"https://rbi.org.in/Scripts/NotificationUser.aspx?Id=13219&Mode=0","order":1,"layer":"rbi_source"},{"id":"nt13252","title":"Reserve Bank of India (Regional Rural Banks – Credit Risk Management) – Amendment Directions, 2026","date":"Jan 05, 2026","rbi_url":"https://rbi.org.in/Scripts/NotificationUser.aspx?Id=13252&Mode=0","order":2,"layer":"rbi_source"},{"id":"nt13438","title":"Reserve Bank of India (Regional Rural Banks – Credit Risk Management) Second Amendment Directions, 2026","date":"Apr 29, 2026","rbi_url":"https://rbi.org.in/Scripts/NotificationUser.aspx?Id=13438&Mode=0","order":3,"layer":"rbi_source"}],"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."}