{"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":"md13057","title":"Reserve Bank of India (Regional Rural Banks – Governance) Directions, 2025","document_kind":"Directions","page":"https://bankpulse.ai/rule/md13057","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":"md13057","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/md13057.json","effective":"none held","transition":"none held","deadline":"none held"}},"rbi_source":{"url":"https://rbi.org.in/Scripts/BS_ViewMasDirections.aspx?id=13057","document_date":"Nov 28, 2025","read_by_bankpulse":"2026-08-21 16:18:35 UTC","text_sha256":"7c343f68db689996e0d3396e551b73dc668e883ff2d2e9e3cacdfed73644229e","word_count":5256,"standing_last_checked":"Standing checked on RBI’s Master Directions index, 15 September 2026, 5:58 am IST."},"counts":{"points_shown":33,"points_naming_an_rbi_paragraph":33,"points_stored":33,"actions":0,"amendments":0},"points":[{"n":1,"claim":"md13057-1840df20","page_group":"Chapter I. Preliminary","stored_section":"KEY DATES","heading":"In force at once","plain_english":"These Directions came into force with immediate effect.","rbi_paragraph":"Para 2","rbi_char_offset":2808,"weight":"BACKGROUND","role":"All staff","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13057#p1","layer":"bankpulse"},{"n":2,"claim":"md13057-d3dbe140","page_group":"Chapter I. Preliminary","stored_section":"WHO IT APPLIES TO","heading":"Who is covered","plain_english":"These Directions apply to regional rural banks.","rbi_paragraph":"Para 3","rbi_char_offset":2890,"weight":"BACKGROUND","role":"All staff","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13057#p2","layer":"bankpulse"},{"n":1,"claim":"md13057-9c6adfa2","page_group":"Chapter II. Role of Nominee Directors and Non-Official Directors","stored_section":"WHAT CHANGES","heading":"Interested members step out","plain_english":"A member may not join the discussion on any proposal in which they hold an interest.","rbi_paragraph":"Para 6(2)","rbi_char_offset":5516,"weight":"MUST KNOW","role":"All staff","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13057#p3","layer":"bankpulse"},{"n":2,"claim":"md13057-789cf2c4","page_group":"Chapter II. Role of Nominee Directors and Non-Official Directors","stored_section":"WHAT CHANGES","heading":"No secrets revealed","plain_english":"A member must not reveal any information of the bank to anyone.","rbi_paragraph":"Para 6(2)","rbi_char_offset":6056,"weight":"MUST KNOW","role":"All staff","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13057#p4","layer":"bankpulse"},{"n":3,"claim":"md13057-e0560c51","page_group":"Chapter II. Role of Nominee Directors and Non-Official Directors","stored_section":"WHO SHOULD ACT","heading":"Study before the meeting","plain_english":"A board member must attend regularly, study the papers and seek information through the chairman.","rbi_paragraph":"Para 6(1)","rbi_char_offset":4696,"weight":"DO IT","role":"Board","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13057#p5","layer":"bankpulse"},{"n":4,"claim":"md13057-26890097","page_group":"Chapter II. Role of Nominee Directors and Non-Official Directors","stored_section":"WHAT CHANGES","heading":"Three absences, seat gone","plain_english":"A nominee director who misses more than 3 board meetings in a row without leave loses the seat.","rbi_paragraph":"Para 6(1)","rbi_char_offset":4560,"weight":"BACKGROUND","role":"Board","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":"A nominee director misses four board meetings in a row without leave of the Board. That is more than 3 consecutive meetings. The seat becomes vacant.","anchor":"https://bankpulse.ai/rule/md13057#p6","layer":"bankpulse"},{"n":5,"claim":"md13057-0521153e","page_group":"Chapter II. Role of Nominee Directors and Non-Official Directors","stored_section":"WHAT CHANGES","heading":"No orders to officers","plain_english":"A member sends no instructions to individual officers; matters route through the chairman.","rbi_paragraph":"Para 6(2)","rbi_char_offset":5657,"weight":"BACKGROUND","role":"All staff","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13057#p7","layer":"bankpulse"},{"n":1,"claim":"md13057-c2b87303","page_group":"Chapter III. Board Meeting Procedures","stored_section":"WHAT CHANGES","heading":"Outsiders kept out","plain_english":"Sponsor bank officials who are not directors may not attend board meetings, to protect customers' secrecy.","rbi_paragraph":"Para 8","rbi_char_offset":6543,"weight":"MUST KNOW","role":"Board","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13057#p8","layer":"bankpulse"},{"n":2,"claim":"md13057-3e31afc2","page_group":"Chapter III. Board Meeting Procedures","stored_section":"WHAT CHANGES","heading":"Secretarial help allowed","plain_english":"A senior official may attend to assist the chairman, but may not join the board's discussions.","rbi_paragraph":"Para 8","rbi_char_offset":6751,"weight":"MUST KNOW","role":"Board","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13057#p9","layer":"bankpulse"},{"n":3,"claim":"md13057-81025439","page_group":"Chapter III. Board Meeting Procedures","stored_section":"WHAT CHANGES","heading":"A fresh notice on quorum","plain_english":"If even the adjourned meeting lacks quorum, the chairman must call a fresh meeting with fresh notice.","rbi_paragraph":"Para 7","rbi_char_offset":6387,"weight":"DO IT","role":"All staff","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13057#p10","layer":"bankpulse"},{"n":4,"claim":"md13057-c7591311","page_group":"Chapter III. Board Meeting Procedures","stored_section":"THE CORE IDEA","heading":"A model agenda given","plain_english":"RBI gives a model board agenda, from minutes and policies to audit, marked statutory or not.","rbi_paragraph":"Para 9","rbi_char_offset":6927,"weight":"BACKGROUND","role":"Board","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13057#p11","layer":"bankpulse"},{"n":5,"claim":"md13057-39d251fa","page_group":"Chapter III. Board Meeting Procedures","stored_section":"WHAT CHANGES","heading":"Watching the biggest loans","plain_english":"The board reviews the top 50 standard borrower accounts and the top 50 bad-loan accounts.","rbi_paragraph":"Para 9","rbi_char_offset":10101,"weight":"BACKGROUND","role":"Board","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13057#p12","layer":"bankpulse"},{"n":6,"claim":"md13057-8ad7ec27","page_group":"Chapter III. Board Meeting Procedures","stored_section":"WHAT CHANGES","heading":"Government schemes reviewed","plain_english":"The agenda covers government schemes, from crop insurance and farm credit to housing and micro loans.","rbi_paragraph":"Para 9","rbi_char_offset":10738,"weight":"BACKGROUND","role":"All staff","team":null,"products_covered":["agriculture-loan","msme-loan"],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13057#p13","layer":"bankpulse"},{"n":7,"claim":"md13057-e2b44b1b","page_group":"Chapter III. Board Meeting Procedures","stored_section":"WHAT CHANGES","heading":"Technology on the table","plain_english":"The board reviews core banking spending, new digital services, and the working of machines and mobile banking.","rbi_paragraph":"Para 9","rbi_char_offset":11905,"weight":"BACKGROUND","role":"Board","team":null,"products_covered":["digital-payment"],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13057#p14","layer":"bankpulse"},{"n":8,"claim":"md13057-1af1d82c","page_group":"Chapter III. Board Meeting Procedures","stored_section":"WHAT CHANGES","heading":"The law list checked","plain_english":"Compliance with named sections of the banking and RBI laws sits on the agenda as a statutory item.","rbi_paragraph":"Para 9","rbi_char_offset":12326,"weight":"BACKGROUND","role":"All staff","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13057#p15","layer":"bankpulse"},{"n":9,"claim":"md13057-46247478","page_group":"Chapter III. Board Meeting Procedures","stored_section":"WHAT CHANGES","heading":"Fees set by Government","plain_english":"Fees and allowances of non official directors are as the Government notifies from time to time.","rbi_paragraph":"Para 10","rbi_char_offset":16348,"weight":"BACKGROUND","role":"Board","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13057#p16","layer":"bankpulse"},{"n":1,"claim":"md13057-ffff0156","page_group":"Chapter IV. Committees of the Board","stored_section":"WHAT CHANGES","heading":"The chairman stays out","plain_english":"The bank's own chairman may not sit on the audit committee; NABARD's nominee may.","rbi_paragraph":"Para 12","rbi_char_offset":17350,"weight":"MUST KNOW","role":"Audit","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13057#p17","layer":"bankpulse"},{"n":2,"claim":"md13057-a0196016","page_group":"Chapter IV. Committees of the Board","stored_section":"WHAT CHANGES","heading":"Securities counted quarterly","plain_english":"Every quarter, auditors certify the bank truly holds the securities it reports to RBI.","rbi_paragraph":"Para 18","rbi_char_offset":26314,"weight":"MUST KNOW","role":"Audit","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13057#p18","layer":"bankpulse"},{"n":3,"claim":"md13057-2aa7468d","page_group":"Chapter IV. Committees of the Board","stored_section":"WHAT CHANGES","heading":"Old loss assets reviewed","plain_english":"Loss assets of ₹1 lakh and above, stuck two years without legal action, are reviewed half yearly.","rbi_paragraph":"Para 19","rbi_char_offset":28903,"weight":"MUST KNOW","role":"All staff","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13057#p19","layer":"bankpulse"},{"n":4,"claim":"md13057-e0626465","page_group":"Chapter IV. Committees of the Board","stored_section":"WHAT CHANGES","heading":"Rejections must be explained","plain_english":"If the board rejects a risk committee recommendation, the reasons are documented for the auditors to see.","rbi_paragraph":"Para 22","rbi_char_offset":30034,"weight":"DO IT","role":"Board","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13057#p20","layer":"bankpulse"},{"n":5,"claim":"md13057-804fdfb6","page_group":"Chapter IV. Committees of the Board","stored_section":"THE CORE IDEA","heading":"An independent audit committee","plain_english":"The bank may set up an audit committee. It gets a direct, open line to management and auditors.","rbi_paragraph":"Para 11","rbi_char_offset":16571,"weight":"BACKGROUND","role":"Audit","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13057#p21","layer":"bankpulse"},{"n":6,"claim":"md13057-2940c277","page_group":"Chapter IV. Committees of the Board","stored_section":"WHAT CHANGES","heading":"Three or four members","plain_english":"The audit committee has three or four directors, at least one experienced in finance, accounts or audit.","rbi_paragraph":"Para 12","rbi_char_offset":16947,"weight":"BACKGROUND","role":"Board","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13057#p22","layer":"bankpulse"},{"n":7,"claim":"md13057-f179da9d","page_group":"Chapter IV. Committees of the Board","stored_section":"WHAT CHANGES","heading":"A borrowed accountant","plain_english":"If no director has the background, the board may co-opt a chartered accountant onto the committee.","rbi_paragraph":"Para 12","rbi_char_offset":17251,"weight":"BACKGROUND","role":"Board","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13057#p23","layer":"bankpulse"},{"n":8,"claim":"md13057-4eac2c20","page_group":"Chapter IV. Committees of the Board","stored_section":"WHAT CHANGES","heading":"Senior-most in the chair","plain_english":"By convention the senior-most director chairs the committee, rotating yearly if needed.","rbi_paragraph":"Para 12","rbi_char_offset":17487,"weight":"BACKGROUND","role":"Board","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13057#p24","layer":"bankpulse"},{"n":9,"claim":"md13057-2d9dcf68","page_group":"Chapter IV. Committees of the Board","stored_section":"WHAT CHANGES","heading":"Four meetings a year","plain_english":"The audit committee meets at least four times annually, more often if circumstances demand.","rbi_paragraph":"Para 14","rbi_char_offset":19165,"weight":"BACKGROUND","role":"Audit","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13057#p25","layer":"bankpulse"},{"n":10,"claim":"md13057-14cb096b","page_group":"Chapter IV. Committees of the Board","stored_section":"WHAT CHANGES","heading":"Private sessions held","plain_english":"At least half yearly the committee meets auditors and accounts separately, in private sessions.","rbi_paragraph":"Para 15","rbi_char_offset":19649,"weight":"BACKGROUND","role":"Audit","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13057#p26","layer":"bankpulse"},{"n":11,"claim":"md13057-c8ed4d9d","page_group":"Chapter IV. Committees of the Board","stored_section":"WHO SHOULD ACT","heading":"Books closed on time","plain_english":"The committee ensures the books close every March 31 and the accounts are ready within the legal time.","rbi_paragraph":"Para 18","rbi_char_offset":21113,"weight":"BACKGROUND","role":"All staff","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13057#p27","layer":"bankpulse"},{"n":12,"claim":"md13057-a9c654eb","page_group":"Chapter IV. Committees of the Board","stored_section":"WHO SHOULD ACT","heading":"Bad-loan truth watched","plain_english":"The committee checks the books tell the truth, above all on bad loans and the money set aside.","rbi_paragraph":"Para 18","rbi_char_offset":22076,"weight":"BACKGROUND","role":"Branch","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13057#p28","layer":"bankpulse"},{"n":13,"claim":"md13057-8aab9e69","page_group":"Chapter IV. Committees of the Board","stored_section":"WHAT CHANGES","heading":"Missed frauds examined","plain_english":"If the auditors missed a serious wrong, the committee looks into how it was missed.","rbi_paragraph":"Para 18","rbi_char_offset":24565,"weight":"BACKGROUND","role":"Audit","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13057#p29","layer":"bankpulse"},{"n":14,"claim":"md13057-958873ac","page_group":"Chapter IV. Committees of the Board","stored_section":"WHAT CHANGES","heading":"A risk committee sized right","plain_english":"The risk committee starts with a small credit and operational risk cell, adding market risk later as needed.","rbi_paragraph":"Para 20","rbi_char_offset":29334,"weight":"BACKGROUND","role":"All staff","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13057#p30","layer":"bankpulse"},{"n":15,"claim":"md13057-f337763e","page_group":"Chapter IV. Committees of the Board","stored_section":"WHO SHOULD ACT","heading":"Risk strategy for the whole","plain_english":"The risk committee writes the plan for handling all the bank's risks as one whole.","rbi_paragraph":"Para 21","rbi_char_offset":29597,"weight":"BACKGROUND","role":"All staff","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13057#p31","layer":"bankpulse"},{"n":1,"claim":"md13057-a44b2dc2","page_group":"Chapter VI. Repeal and other provisions","stored_section":"WHAT IT REPLACES","heading":"Old guidance repealed","plain_english":"The earlier governance guidance for regional rural banks stands repealed.","rbi_paragraph":"Para 27","rbi_char_offset":31931,"weight":"BACKGROUND","role":"All staff","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13057#p32","layer":"bankpulse"},{"n":2,"claim":"md13057-1079c38d","page_group":"Chapter VI. Repeal and other provisions","stored_section":"WHAT IT REPLACES","heading":"Old actions stay governed","plain_english":"Action already taken under the old rules stays governed by them.","rbi_paragraph":"Para 28","rbi_char_offset":32274,"weight":"BACKGROUND","role":"All staff","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13057#p33","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."}