{"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":"md13080","title":"Reserve Bank of India (Local Area Banks – Prudential Norms on Capital Adequacy) Directions, 2025","document_kind":"Directions","page":"https://bankpulse.ai/rule/md13080","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":"Local area banks","class_code":"LAB","from":"the document's own title","layer":"bankpulse_inference"},"dates":{"prid":"md13080","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/md13080.json","effective":"none held","transition":"none held","deadline":"none held"}},"rbi_source":{"url":"https://rbi.org.in/Scripts/BS_ViewMasDirections.aspx?id=13080","document_date":"Nov 28, 2025","read_by_bankpulse":"2026-08-21 16:17:48 UTC","text_sha256":"c25ec15b342331ac0afcbaa3eb296748cbf277bc42c3b347c049f32758c8b75d","word_count":18544,"standing_last_checked":"Standing checked on RBI’s Master Directions index, 15 September 2026, 5:58 am IST."},"counts":{"points_shown":48,"points_naming_an_rbi_paragraph":48,"points_stored":48,"actions":0,"amendments":1},"points":[{"n":1,"claim":"md13080-8c7dfd29","page_group":"Chapter I. Preliminary","stored_section":"THE CORE IDEA","heading":"Capital rules for LABs","plain_english":"This document sets how much capital local area banks must hold.","rbi_paragraph":"Para 1","rbi_char_offset":3228,"weight":"DO IT","role":"All staff","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13080#p1","layer":"bankpulse"},{"n":2,"claim":"md13080-0e747d72","page_group":"Chapter I. Preliminary","stored_section":"KEY DATES","heading":"Start date","plain_english":"These Directions took effect on the day RBI issued them.","rbi_paragraph":"Para 2","rbi_char_offset":3377,"weight":"BACKGROUND","role":"All staff","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":"There is no gap here between issue and effect. The Directions come into effect immediately upon issuance. A bank cannot wait for a separate start date, because there is none.","anchor":"https://bankpulse.ai/rule/md13080#p2","layer":"bankpulse"},{"n":3,"claim":"md13080-1897bb38","page_group":"Chapter I. Preliminary","stored_section":"WHAT CHANGES","heading":"In force at once","plain_english":"The rules took effect the day they were issued. There was no grace period.","rbi_paragraph":"Para 2","rbi_char_offset":3383,"weight":"BACKGROUND","role":"All staff","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13080#p3","layer":"bankpulse"},{"n":4,"claim":"md13080-57632e23","page_group":"Chapter I. 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The slice above 40 per cent moves into upper Tier 2.","anchor":"https://bankpulse.ai/rule/md13080#p5","layer":"bankpulse"},{"n":2,"claim":"md13080-5f7965ce","page_group":"Chapter II. Regulatory capital","stored_section":"WHAT CHANGES","heading":"Short payment not made up","plain_english":"If less than the set rate is paid, the shortfall is never made good.","rbi_paragraph":"Para 9(6)","rbi_char_offset":12029,"weight":"MUST KNOW","role":"All staff","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13080#p6","layer":"bankpulse"},{"n":3,"claim":"md13080-f02ccf36","page_group":"Chapter II. Regulatory capital","stored_section":"WHAT CHANGES","heading":"Not a lending security","plain_english":"The issuer cannot lend against the security of its own instrument.","rbi_paragraph":"Para 9(12)","rbi_char_offset":15837,"weight":"MUST KNOW","role":"All staff","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13080#p7","layer":"bankpulse"},{"n":4,"claim":"md13080-f26056c0","page_group":"Chapter II. Regulatory capital","stored_section":"WHAT CHANGES","heading":"Foreign currency Upper Tier 2","plain_english":"Upper Tier 2 issued in foreign currency cannot cross 25 per cent of Tier 1 capital.","rbi_paragraph":"Para 10(10)","rbi_char_offset":20755,"weight":"MUST KNOW","role":"All staff","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":"Upper Tier 2 raised in foreign currency may not exceed 25 per cent of Tier 1. Suppose Tier 1 is ₹400 crore. The foreign currency slice stops at ₹100 crore.","anchor":"https://bankpulse.ai/rule/md13080#p8","layer":"bankpulse"},{"n":5,"claim":"md13080-efed74be","page_group":"Chapter II. Regulatory capital","stored_section":"WHAT CHANGES","heading":"Revaluation cut by half","plain_english":"A revaluation reserve is cut by 55 per cent before it counts in Tier 2.","rbi_paragraph":"Para 11","rbi_char_offset":22760,"weight":"MUST KNOW","role":"All staff","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":"A revaluation reserve of ₹200 crore does not count in full. A discount of 55 per cent applies. What counts in Tier 2 is ₹90 crore.","anchor":"https://bankpulse.ai/rule/md13080#p9","layer":"bankpulse"},{"n":6,"claim":"md13080-81c022fe","page_group":"Chapter II. Regulatory capital","stored_section":"WHAT CHANGES","heading":"No currency swap on bonds","plain_english":"The bank cannot swap rupee liabilities on these bonds into foreign currency.","rbi_paragraph":"Para 12","rbi_char_offset":24716,"weight":"MUST KNOW","role":"All staff","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13080#p10","layer":"bankpulse"},{"n":7,"claim":"md13080-70ce033a","page_group":"Chapter II. Regulatory capital","stored_section":"THE CORE IDEA","heading":"Tier 2 stays smaller","plain_english":"Tier 2 capital may never be larger than Tier 1 capital.","rbi_paragraph":"Para 13(3)","rbi_char_offset":26451,"weight":"MUST KNOW","role":"All staff","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":"Tier 2 capital may not exceed 100 per cent of Tier 1. Suppose Tier 1 is ₹300 crore. Then Tier 2 counts to ₹300 crore, and anything beyond that does not.","anchor":"https://bankpulse.ai/rule/md13080#p11","layer":"bankpulse"},{"n":8,"claim":"md13080-6c4ec035","page_group":"Chapter II. Regulatory capital","stored_section":"WHAT CHANGES","heading":"Upper Tier 2 minimum","plain_english":"An Upper Tier 2 instrument must run for at least 15 years.","rbi_paragraph":"Para 13(4)","rbi_char_offset":26703,"weight":"MUST KNOW","role":"All staff","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":"An Upper Tier 2 instrument has a minimum maturity of 15 years. One written for 12 years does not qualify. One written for 20 years does.","anchor":"https://bankpulse.ai/rule/md13080#p12","layer":"bankpulse"},{"n":9,"claim":"md13080-5ff38520","page_group":"Chapter II. Regulatory capital","stored_section":"WHAT CHANGES","heading":"Fifteen year minimum","plain_english":"An upper Tier 2 instrument must run for at least fifteen years.","rbi_paragraph":"Para 13(4)","rbi_char_offset":26723,"weight":"MUST KNOW","role":"All staff","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":"An Upper Tier 2 instrument has a minimum maturity of 15 years. One written for 12 years does not qualify. One written for 20 years does.","anchor":"https://bankpulse.ai/rule/md13080#p13","layer":"bankpulse"},{"n":10,"claim":"md13080-ee5f4e5b","page_group":"Chapter II. Regulatory capital","stored_section":"WHAT CHANGES","heading":"Written down near maturity","plain_english":"An upper Tier 2 instrument is written down over its last five years.","rbi_paragraph":"Para 13(9)","rbi_char_offset":29567,"weight":"MUST KNOW","role":"All staff","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13080#p14","layer":"bankpulse"},{"n":11,"claim":"md13080-41f37809","page_group":"Chapter II. Regulatory capital","stored_section":"WHAT CHANGES","heading":"Holder cannot force repayment","plain_english":"The investor cannot demand redemption of these shares.","rbi_paragraph":"Para 13(10)","rbi_char_offset":30211,"weight":"MUST KNOW","role":"All staff","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13080#p15","layer":"bankpulse"},{"n":12,"claim":"md13080-54609d58","page_group":"Chapter II. Regulatory capital","stored_section":"WHO SHOULD ACT","heading":"RBI approves redemption","plain_english":"No redemption may take place without the Reserve Bank's prior approval.","rbi_paragraph":"Para 13(10)","rbi_char_offset":30280,"weight":"MUST KNOW","role":"All staff","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13080#p16","layer":"bankpulse"},{"n":13,"claim":"md13080-6364d833","page_group":"Chapter II. Regulatory capital","stored_section":"WHAT CHANGES","heading":"No put option","plain_english":"These instruments cannot carry a put option.","rbi_paragraph":"Para 14(4)","rbi_char_offset":33920,"weight":"MUST KNOW","role":"All staff","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13080#p17","layer":"bankpulse"},{"n":14,"claim":"md13080-cb9085f2","page_group":"Chapter II. Regulatory capital","stored_section":"WHAT CHANGES","heading":"Subordinated debt capped","plain_english":"Subordinated debt counts only up to 50 per cent of Tier 1 capital.","rbi_paragraph":"Para 15(6)","rbi_char_offset":43022,"weight":"MUST KNOW","role":"All staff","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":"Subordinated debt is limited to 50 per cent of Tier 1. Suppose Tier 1 is ₹200 crore. Then ₹100 crore of subordinated debt counts, and no more.","anchor":"https://bankpulse.ai/rule/md13080#p18","layer":"bankpulse"},{"n":15,"claim":"md13080-3003c2bc","page_group":"Chapter II. 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Regulatory capital","stored_section":"WHAT CHANGES","heading":"Issue in rupees","plain_english":"Upper Tier 2 instruments must be issued in Indian rupees.","rbi_paragraph":"Para 13(1)","rbi_char_offset":25210,"weight":"DO IT","role":"All staff","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13080#p21","layer":"bankpulse"},{"n":18,"claim":"md13080-94b5bfeb","page_group":"Chapter II. Regulatory capital","stored_section":"WHO SHOULD ACT","heading":"Other regulators apply too","plain_english":"Conditions set by the market regulator or any other authority must also be met.","rbi_paragraph":"Para 13(11)","rbi_char_offset":30743,"weight":"DO IT","role":"All staff","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13080#p22","layer":"bankpulse"},{"n":19,"claim":"md13080-ed2cb957","page_group":"Chapter II. Regulatory capital","stored_section":"THE CORE IDEA","heading":"Limit measured after goodwill","plain_english":"The ceiling is measured on Tier 1 after goodwill and intangibles are removed.","rbi_paragraph":"Para 9(1)","rbi_char_offset":9754,"weight":"BACKGROUND","role":"All staff","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13080#p23","layer":"bankpulse"},{"n":20,"claim":"md13080-64eb8cbd","page_group":"Chapter II. Regulatory capital","stored_section":"WHO SHOULD ACT","heading":"Board fixes the amount","plain_english":"The Board decides how much of the instrument may be raised.","rbi_paragraph":"Para 9(2)","rbi_char_offset":10151,"weight":"BACKGROUND","role":"Board","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13080#p24","layer":"bankpulse"},{"n":21,"claim":"md13080-539ae596","page_group":"Chapter II. Regulatory capital","stored_section":"WHAT CHANGES","heading":"Fixed or floating dividend","plain_english":"The dividend may be at a fixed rate or one tied to a market benchmark.","rbi_paragraph":"Para 9(5)","rbi_char_offset":10987,"weight":"BACKGROUND","role":"All staff","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13080#p25","layer":"bankpulse"},{"n":22,"claim":"md13080-0b95476e","page_group":"Chapter II. Regulatory capital","stored_section":"THE CORE IDEA","heading":"Where the holder ranks","plain_english":"These holders rank above equity but below every creditor and depositor.","rbi_paragraph":"Para 9(7)","rbi_char_offset":12582,"weight":"BACKGROUND","role":"Branch","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13080#p26","layer":"bankpulse"},{"n":23,"claim":"md13080-d22bafda","page_group":"Chapter II. Regulatory capital","stored_section":"WHAT CHANGES","heading":"Outside the borrowing limit","plain_english":"Foreign investment in these instruments sits outside the external borrowing limit.","rbi_paragraph":"Para 9(8)","rbi_char_offset":13166,"weight":"BACKGROUND","role":"All staff","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13080#p27","layer":"bankpulse"},{"n":24,"claim":"md13080-b955674b","page_group":"Chapter II. Regulatory capital","stored_section":"WHAT CHANGES","heading":"Held paper carries weight","plain_english":"Holdings of another bank's capital paper carry a risk weight of their own.","rbi_paragraph":"Para 9(11)","rbi_char_offset":15390,"weight":"BACKGROUND","role":"All staff","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13080#p28","layer":"bankpulse"},{"n":25,"claim":"md13080-d8737a19","page_group":"Chapter II. Regulatory capital","stored_section":"WHAT CHANGES","heading":"Counted as market exposure","plain_english":"Holding another bank's perpetual shares counts against the capital market ceiling.","rbi_paragraph":"Para 9(4)","rbi_char_offset":15560,"weight":"BACKGROUND","role":"All staff","team":null,"products_covered":["advance-against-securities"],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13080#p29","layer":"bankpulse"},{"n":26,"claim":"md13080-191f932c","page_group":"Chapter II. Regulatory capital","stored_section":"WHAT CHANGES","heading":"Shown under capital","plain_english":"These instruments are shown under schedule one, capital, in the balance sheet.","rbi_paragraph":"Para 9(13)","rbi_char_offset":15970,"weight":"BACKGROUND","role":"All staff","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13080#p30","layer":"bankpulse"},{"n":27,"claim":"md13080-faada953","page_group":"Chapter II. Regulatory capital","stored_section":"WHO SHOULD ACT","heading":"Board decides the amount","plain_english":"The Board decides how much of each capital instrument the bank raises.","rbi_paragraph":"Para 10(1)","rbi_char_offset":16355,"weight":"BACKGROUND","role":"Board","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13080#p31","layer":"bankpulse"},{"n":28,"claim":"md13080-49779e58","page_group":"Chapter II. 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Regulatory capital","stored_section":"WHAT CHANGES","heading":"No progressive discount","plain_english":"These instruments are not written down as they age.","rbi_paragraph":"Para 10(8)","rbi_char_offset":19302,"weight":"BACKGROUND","role":"All staff","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13080#p34","layer":"bankpulse"},{"n":31,"claim":"md13080-6c043c6c","page_group":"Chapter II. Regulatory capital","stored_section":"WHAT CHANGES","heading":"Shown under borrowings","plain_english":"Perpetual debt is shown under schedule four, borrowings, in the balance sheet.","rbi_paragraph":"Para 10(15)","rbi_char_offset":22572,"weight":"BACKGROUND","role":"All staff","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13080#p35","layer":"bankpulse"},{"n":32,"claim":"md13080-751c6b33","page_group":"Chapter II. Regulatory capital","stored_section":"WHAT CHANGES","heading":"Subordinated debt counts","plain_english":"Rupee subordinated debt may be included in Tier 2 on the stated terms.","rbi_paragraph":"Para 11","rbi_char_offset":24563,"weight":"BACKGROUND","role":"All staff","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13080#p36","layer":"bankpulse"},{"n":33,"claim":"md13080-ed841246","page_group":"Chapter II. Regulatory capital","stored_section":"WHAT CHANGES","heading":"Foreign holding is capped","plain_english":"Foreign institutional investment in these instruments has a separate ceiling.","rbi_paragraph":"Para 13(1)","rbi_char_offset":26175,"weight":"BACKGROUND","role":"All staff","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13080#p37","layer":"bankpulse"},{"n":34,"claim":"md13080-7f9c4eb0","page_group":"Chapter II. Regulatory capital","stored_section":"WHO SHOULD ACT","heading":"RBI approval to redeem","plain_english":"Every redemption of a capital instrument needs prior approval from RBI.","rbi_paragraph":"Para 13(10)","rbi_char_offset":30274,"weight":"BACKGROUND","role":"All staff","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13080#p38","layer":"bankpulse"},{"n":35,"claim":"md13080-baeed5f1","page_group":"Chapter II. Regulatory capital","stored_section":"WHAT CHANGES","heading":"Coupon is interest","plain_english":"The coupon on these instruments is treated as interest in the accounts.","rbi_paragraph":"Para 14(6)","rbi_char_offset":34847,"weight":"BACKGROUND","role":"All staff","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13080#p39","layer":"bankpulse"},{"n":36,"claim":"md13080-0dc51fab","page_group":"Chapter II. Regulatory capital","stored_section":"WHAT CHANGES","heading":"Losses are removed","plain_english":"Losses of this period and earlier periods are deducted from core capital.","rbi_paragraph":"Para 16","rbi_char_offset":45864,"weight":"BACKGROUND","role":"All staff","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13080#p40","layer":"bankpulse"},{"n":37,"claim":"md13080-f9e3b05e","page_group":"Chapter II. Regulatory capital","stored_section":"WHAT CHANGES","heading":"Fund units are deducted","plain_english":"A holding in subordinated units of an alternative investment fund is deducted in full.","rbi_paragraph":"Para 17(2)","rbi_char_offset":46627,"weight":"BACKGROUND","role":"All staff","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":"A lender puts ₹10 crore into such a fund, as subordinated units. The whole ₹10 crore comes off capital funds. It is taken proportionately from Tier 1 and Tier 2 capital.","anchor":"https://bankpulse.ai/rule/md13080#p41","layer":"bankpulse"},{"n":38,"claim":"md13080-f427d1f1","page_group":"Chapter II. Regulatory capital","stored_section":"WHAT CHANGES","heading":"Guarantee money is deducted","plain_english":"A default loss guarantee given by the lender is taken out of its capital.","rbi_paragraph":"Para 17(4)","rbi_char_offset":47362,"weight":"BACKGROUND","role":"All staff","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":"A lender gives a default loss guarantee and ₹20 crore of it is still outstanding. The whole ₹20 crore comes off its capital. Nothing is left in on the ground that no loss has happened yet.","anchor":"https://bankpulse.ai/rule/md13080#p42","layer":"bankpulse"},{"n":1,"claim":"md13080-55c4ff61","page_group":"Chapter III. 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Repeal and Other provisions","stored_section":"WHAT IT REPLACES","heading":"Old rules stay repealed","plain_english":"Rules repealed before this document was issued remain repealed.","rbi_paragraph":"Para 34","rbi_char_offset":112955,"weight":"BACKGROUND","role":"All staff","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13080#p45","layer":"bankpulse"},{"n":2,"claim":"md13080-540a91a0","page_group":"Chapter IV. 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 35","rbi_char_offset":113070,"weight":"BACKGROUND","role":"All staff","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13080#p46","layer":"bankpulse"},{"n":3,"claim":"md13080-e24ddaf7","page_group":"Chapter IV. 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 35","rbi_char_offset":113252,"weight":"BACKGROUND","role":"All staff","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13080#p47","layer":"bankpulse"},{"n":4,"claim":"md13080-b6c42903","page_group":"Chapter IV. 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 36","rbi_char_offset":114145,"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/md13080#p48","layer":"bankpulse"}],"actions":[],"amendments":[{"id":"nt13532","title":"Reserve Bank of India (Local Area Banks - Prudential Norms on Capital Adequacy) Amendment Directions, 2026","date":"Jun 24, 2026","rbi_url":"https://rbi.org.in/Scripts/NotificationUser.aspx?Id=13532&Mode=0","order":1,"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."}