{"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":"md13105","title":"Reserve Bank of India (Small Finance Banks – Miscellaneous) Directions, 2025","document_kind":"Directions","page":"https://bankpulse.ai/rule/md13105","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":"Small finance banks","class_code":"SFB","from":"the document's own title","layer":"bankpulse_inference"},"dates":{"prid":"md13105","mode":"four_dates_v1","published":{"label":"Published","value":"November 28, 2025","stated":true,"why":"The day RBI put this document out."},"effective":{"label":"Starts to apply","value":"May 11, 2021","stated":true,"why":"The day this rule starts to apply, as RBI's own text states it."},"transition":{"label":"Time to get ready","value":"None","stated":true,"why":"The start date RBI gave is before the day this document was published."},"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/md13105.json","effective":"data/date_kinds.json kind=effective_date","transition":"worked out from published and starts-to-apply","deadline":"none held"}},"rbi_source":{"url":"https://rbi.org.in/Scripts/BS_ViewMasDirections.aspx?id=13105","document_date":"November 28, 2025","read_by_bankpulse":"2026-08-21 16:15:54 UTC","text_sha256":"17ccc2a20cfa35688940a78157c56db0236ae7564ff4a12f99eb5414d6c99a9a","word_count":null,"standing_last_checked":"Standing checked on RBI’s Master Directions index, 15 September 2026, 5:58 am IST."},"counts":{"points_shown":29,"points_naming_an_rbi_paragraph":29,"points_stored":29,"actions":0,"amendments":0},"points":[{"n":1,"claim":"md13105-06b718a8","page_group":"Opening paragraphs","stored_section":"THE CORE IDEA","heading":"One combined rulebook","plain_english":"This book holds RBI's mixed rules for small finance banks in one place.","rbi_paragraph":"Opening paragraphs","rbi_char_offset":4227,"weight":"DO IT","role":"All staff","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13105#p1","layer":"bankpulse"},{"n":1,"claim":"md13105-a2a8948e","page_group":"Chapter I. Preliminary","stored_section":"KEY DATES","heading":"Start date","plain_english":"The rules took effect at once, from 28 November 2025.","rbi_paragraph":"Para 2","rbi_char_offset":4456,"weight":"DO IT","role":"All staff","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13105#p2","layer":"bankpulse"},{"n":2,"claim":"md13105-13e9a109","page_group":"Chapter I. Preliminary","stored_section":"WHO IT APPLIES TO","heading":"Who is covered","plain_english":"These rules apply to every small finance bank.","rbi_paragraph":"Para 3","rbi_char_offset":4538,"weight":"DO IT","role":"All staff","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13105#p3","layer":"bankpulse"},{"n":3,"claim":"md13105-c649b825","page_group":"Chapter I. Preliminary","stored_section":"WHO IT APPLIES TO","heading":"Primary dealers included","plain_english":"One rule, on corporate bond reporting, also covers primary dealers.","rbi_paragraph":"Para 3","rbi_char_offset":4693,"weight":"DO IT","role":"All staff","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13105#p4","layer":"bankpulse"},{"n":1,"claim":"md13105-15a5a732","page_group":"Chapter II. Role of the Board","stored_section":"WHO SHOULD ACT","heading":"Board-approved policies","plain_english":"The board must approve policies on donations, staff certificates and sensitive posts.","rbi_paragraph":"Para 7","rbi_char_offset":5697,"weight":"DO IT","role":"All staff","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13105#p5","layer":"bankpulse"},{"n":1,"claim":"md13105-6338032a","page_group":"Chapter III. Depositor Education and Awareness Fund","stored_section":"WHAT CHANGES","heading":"Ten-year unclaimed rule","plain_english":"Money left untouched for ten years or more goes to the RBI Fund.","rbi_paragraph":"Para 10(5)","rbi_char_offset":7471,"weight":"DO IT","role":"All staff","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13105#p6","layer":"bankpulse"},{"n":2,"claim":"md13105-c1d13bb0","page_group":"Chapter III. Depositor Education and Awareness Fund","stored_section":"WHAT CHANGES","heading":"Interest on Fund deposits","plain_english":"Since 11 May 2021, banks pay 3 percent interest on such deposits.","rbi_paragraph":"Para 18","rbi_char_offset":10565,"weight":"DO IT","role":"All staff","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13105#p7","layer":"bankpulse"},{"n":3,"claim":"md13105-57202bc3","page_group":"Chapter III. Depositor Education and Awareness Fund","stored_section":"WHAT CHANGES","heading":"Fund account operators","plain_english":"A bank may name up to 10 officers to operate its Fund account.","rbi_paragraph":"Para 21","rbi_char_offset":15458,"weight":"DO IT","role":"All staff","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13105#p8","layer":"bankpulse"},{"n":4,"claim":"md13105-78301596","page_group":"Chapter III. Depositor Education and Awareness Fund","stored_section":"KEY DATES","heading":"Monthly Fund transfer","plain_english":"Banks send unclaimed money to the Fund in the last five working days of a month.","rbi_paragraph":"Para 22","rbi_char_offset":16785,"weight":"DO IT","role":"All staff","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13105#p9","layer":"bankpulse"},{"n":5,"claim":"md13105-5e31da79","page_group":"Chapter III. Depositor Education and Awareness Fund","stored_section":"KEY DATES","heading":"Refund claim window","plain_english":"Banks file refund claims in the first 10 working days of each month.","rbi_paragraph":"Para 23(2)","rbi_char_offset":19166,"weight":"DO IT","role":"All staff","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13105#p10","layer":"bankpulse"},{"n":6,"claim":"md13105-51492799","page_group":"Chapter III. Depositor Education and Awareness Fund","stored_section":"WHO SHOULD ACT","heading":"Maker-checker rule","plain_english":"Every Fund deposit and claim entry needs a maker and a checker.","rbi_paragraph":"Para 25","rbi_char_offset":22604,"weight":"DO IT","role":"All staff","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13105#p11","layer":"bankpulse"},{"n":7,"claim":"md13105-d2f6ef3a","page_group":"Chapter III. Depositor Education and Awareness Fund","stored_section":"KEY DATES","heading":"Reconciliation certificate dates","plain_english":"The reconciliation certificate is due by 30 April and 31 October.","rbi_paragraph":"Para 27(3)","rbi_char_offset":25675,"weight":"DO IT","role":"All staff","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13105#p12","layer":"bankpulse"},{"n":8,"claim":"md13105-8cb51201","page_group":"Chapter III. Depositor Education and Awareness Fund","stored_section":"KEY DATES","heading":"Auditor certificate deadline","plain_english":"The statutory auditor's yearly certificate must reach RBI by 30 September.","rbi_paragraph":"Para 27(4)","rbi_char_offset":26768,"weight":"DO IT","role":"All staff","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13105#p13","layer":"bankpulse"},{"n":9,"claim":"md13105-76c300cf","page_group":"Chapter III. Depositor Education and Awareness Fund","stored_section":"WHAT CHANGES","heading":"Permanent record keeping","plain_english":"Records of accounts sent to the Fund are kept for ever.","rbi_paragraph":"Para 31","rbi_char_offset":28639,"weight":"DO IT","role":"All staff","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13105#p14","layer":"bankpulse"},{"n":10,"claim":"md13105-b24f4c72","page_group":"Chapter III. Depositor Education and Awareness Fund","stored_section":"WHAT CHANGES","heading":"Post-refund record keeping","plain_english":"After a refund, the bank keeps those papers for at least five years.","rbi_paragraph":"Para 31","rbi_char_offset":28858,"weight":"DO IT","role":"All staff","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13105#p15","layer":"bankpulse"},{"n":1,"claim":"md13105-591e0b8a","page_group":"Chapter IV. Services and Market Operations","stored_section":"WHAT CHANGES","heading":"Metal forward contract limit","plain_english":"A gold, silver or platinum forward contract may not run past six months.","rbi_paragraph":"Para 35(1)","rbi_char_offset":30266,"weight":"DO IT","role":"All staff","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13105#p16","layer":"bankpulse"},{"n":2,"claim":"md13105-1105c66b","page_group":"Chapter IV. Services and Market Operations","stored_section":"WHAT CHANGES","heading":"Rupee derivative cap","plain_english":"Non-option rupee derivative contracts must stay within 0.25 percent of net worth.","rbi_paragraph":"Para 37","rbi_char_offset":31123,"weight":"DO IT","role":"All staff","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13105#p17","layer":"bankpulse"},{"n":3,"claim":"md13105-8fc8f498","page_group":"Chapter IV. Services and Market Operations","stored_section":"WHAT CHANGES","heading":"Option premium payment","plain_english":"A deferred option premium must be paid at least once every quarter.","rbi_paragraph":"Para 38(3)","rbi_char_offset":32353,"weight":"DO IT","role":"All staff","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13105#p18","layer":"bankpulse"},{"n":1,"claim":"md13105-af45fb07","page_group":"Chapter VI. Financial Conduct and Prohibited Activities","stored_section":"WHAT CHANGES","heading":"Donation limit","plain_english":"A bank may give away up to one percent of last year's published profit.","rbi_paragraph":"Para 48(1)","rbi_char_offset":37021,"weight":"DO IT","role":"All staff","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13105#p19","layer":"bankpulse"},{"n":2,"claim":"md13105-7ede6737","page_group":"Chapter VI. Financial Conduct and Prohibited Activities","stored_section":"WHAT CHANGES","heading":"Loss-year donation cap","plain_english":"A bank in loss may give only ₹5 lakh in a year.","rbi_paragraph":"Para 48(1)","rbi_char_offset":37743,"weight":"DO IT","role":"All staff","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":"A bank that made a loss last year may give ₹5 lakh in donations in the year, and no more. If it has already given ₹4 lakh, only ₹1 lakh is left.","anchor":"https://bankpulse.ai/rule/md13105#p20","layer":"bankpulse"},{"n":3,"claim":"md13105-7bf1ea6d","page_group":"Chapter VI. Financial Conduct and Prohibited Activities","stored_section":"WHO SHOULD ACT","heading":"Yearly donation review","plain_english":"The bank puts a yearly review of its donations before the board.","rbi_paragraph":"Para 49","rbi_char_offset":38621,"weight":"DO IT","role":"All staff","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13105#p21","layer":"bankpulse"},{"n":4,"claim":"md13105-21fbedf6","page_group":"Chapter VI. Financial Conduct and Prohibited Activities","stored_section":"WHO SHOULD ACT","heading":"Prize chit checks","plain_english":"Banks must check that a firm is not running a banned prize chit.","rbi_paragraph":"Para 52","rbi_char_offset":42070,"weight":"DO IT","role":"All staff","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13105#p22","layer":"bankpulse"},{"n":5,"claim":"md13105-8fd950c8","page_group":"Chapter VI. Financial Conduct and Prohibited Activities","stored_section":"WHO SHOULD ACT","heading":"No lottery ties","plain_english":"A bank must not tie itself to any lottery scheme.","rbi_paragraph":"Para 54","rbi_char_offset":43123,"weight":"DO IT","role":"All staff","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13105#p23","layer":"bankpulse"},{"n":1,"claim":"md13105-a67b0e45","page_group":"Chapter VII. Taxation and Accounting Related Matters","stored_section":"WHAT CHANGES","heading":"Tax officer requests","plain_english":"An income tax officer may seek details of deposits of ₹50,000 or more.","rbi_paragraph":"Para 56(6)","rbi_char_offset":44564,"weight":"DO IT","role":"All staff","team":null,"products_covered":["deposit-account"],"products_excluded":[],"bankpulse_example":"An income tax officer may ask about deposits of ₹50,000 or above, and must record the reasons first. So a fixed deposit of ₹80,000 can be asked about. One of ₹20,000 cannot.","anchor":"https://bankpulse.ai/rule/md13105#p24","layer":"bankpulse"},{"n":1,"claim":"md13105-e4bdc722","page_group":"Chapter VIII. Human Resource and Capacity Building","stored_section":"WHO SHOULD ACT","heading":"Course certificate rule","plain_english":"Staff must earn a course certificate before they take up listed key roles.","rbi_paragraph":"Para 58","rbi_char_offset":45581,"weight":"DO IT","role":"All staff","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13105#p25","layer":"bankpulse"},{"n":1,"claim":"md13105-263e0853","page_group":"Chapter IX. Operational and Administrative Matters","stored_section":"WHAT CHANGES","heading":"Mandatory leave rule","plain_english":"Staff in sensitive posts must take at least 10 working days leave each year.","rbi_paragraph":"Para 61","rbi_char_offset":47304,"weight":"DO IT","role":"All staff","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13105#p26","layer":"bankpulse"},{"n":2,"claim":"md13105-77c09d12","page_group":"Chapter IX. Operational and Administrative Matters","stored_section":"WHO SHOULD ACT","heading":"Staff rotation policy","plain_english":"Each bank must put a staff rotation policy in place.","rbi_paragraph":"Para 62","rbi_char_offset":47784,"weight":"DO IT","role":"All staff","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13105#p27","layer":"bankpulse"},{"n":1,"claim":"md13105-43e1e4c1","page_group":"Chapter X. Repeal Provisions","stored_section":"WHAT IT REPLACES","heading":"Older rules repealed","plain_english":"Old rules on these same topics for small finance banks now stand repealed.","rbi_paragraph":"Para 64","rbi_char_offset":48856,"weight":"DO IT","role":"All staff","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13105#p28","layer":"bankpulse"},{"n":2,"claim":"md13105-8a2684ab","page_group":"Chapter X. Repeal Provisions","stored_section":"WHAT IT REPLACES","heading":"Earlier repeals stand","plain_english":"Rules already repealed before this book stay repealed.","rbi_paragraph":"Para 64","rbi_char_offset":48999,"weight":"DO IT","role":"All staff","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13105#p29","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."}