{"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":"md13130","title":"Reserve Bank of India (Small Finance Banks – Undertaking of Financial Services) Directions, 2025 (Updated as on April 27, 2026)","document_kind":"Directions","page":"https://bankpulse.ai/rule/md13130","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":"md13130","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":"January 01, 2026","stated":true,"why":"The day this rule starts to apply, as RBI's own text states it."},"transition":{"label":"Time to get ready","value":"34 days","stated":true,"why":"The room between the day it was published and the day it starts to apply."},"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/md13130.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=13130","document_date":"Nov 28, 2025","read_by_bankpulse":"2026-08-21 16:16:37 UTC","text_sha256":"e74fe1673905bdb22ae840ae9d47c55bc19fbe55d57a53c76fa4474c56e8ee68","word_count":5238,"standing_last_checked":"Standing checked on RBI’s Master Directions index, 15 September 2026, 5:58 am IST."},"counts":{"points_shown":40,"points_naming_an_rbi_paragraph":40,"points_stored":40,"actions":0,"amendments":3},"points":[{"n":1,"claim":"md13130-817ef5f5","page_group":"Chapter I. 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The clock runs from the resolution, not from the first day of business.","anchor":"https://bankpulse.ai/rule/md13130#p10","layer":"bankpulse"},{"n":3,"claim":"md13130-dd0a8996","page_group":"Chapter III. General Guidelines","stored_section":"WHAT CHANGES","heading":"Six businesses need a company","plain_english":"Fund, insurance, pension, advisory, portfolio and broking work needs a separate entity.","rbi_paragraph":"Para 10(1)","rbi_char_offset":12473,"weight":"DO IT","role":"All staff","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13130#p11","layer":"bankpulse"},{"n":4,"claim":"md13130-299b0b83","page_group":"Chapter III. 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General Guidelines","stored_section":"WHAT CHANGES","heading":"Trading book is exempt","plain_english":"Holdings kept for trading do not need prior approval, within the statutory limit.","rbi_paragraph":"Para 19","rbi_char_offset":14959,"weight":"DO IT","role":"All staff","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13130#p14","layer":"bankpulse"},{"n":7,"claim":"md13130-858bac5d","page_group":"Chapter III. General Guidelines","stored_section":"WHO SHOULD ACT","heading":"Twenty per cent needs approval","plain_english":"Taking twenty per cent or more of a company needs prior approval.","rbi_paragraph":"Para 20","rbi_char_offset":15186,"weight":"DO IT","role":"All staff","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13130#p15","layer":"bankpulse"},{"n":8,"claim":"md13130-456935db","page_group":"Chapter III. 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Repeal and Other Provisions","stored_section":"THE CORE IDEA","heading":"Added to other law","plain_english":"These rules sit on top of every other law and rule already in force.","rbi_paragraph":"Para 48","rbi_char_offset":32776,"weight":"DO IT","role":"All staff","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13130#p40","layer":"bankpulse"}],"actions":[],"amendments":[{"id":"nt13210","title":"Reserve Bank of India (Small Finance Banks – Undertaking of Financial Services) (Amendment) Directions, 2025","date":"Dec 05, 2025","rbi_url":"https://rbi.org.in/Scripts/NotificationUser.aspx?Id=13210&Mode=0","order":1,"layer":"rbi_source"},{"id":"nt13389","title":"Reserve Bank of India (Small Finance Banks – Undertaking of Financial Services) – Amendment Directions, 2026","date":"Apr 27, 2026","rbi_url":"https://rbi.org.in/Scripts/NotificationUser.aspx?Id=13389&Mode=0","order":2,"layer":"rbi_source"},{"id":"nt13496","title":"Reserve Bank of India (Small Finance Banks – Undertaking of Financial Services) Second Amendment Directions, 2026","date":"Jun 15, 2026","rbi_url":"https://rbi.org.in/Scripts/NotificationUser.aspx?Id=13496&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. 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