{"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":"md13145","title":"Reserve Bank of India (Commercial Banks – Resolution of Stressed Assets) Directions, 2025 (updated as on July 01, 2026)","document_kind":"Directions","page":"https://bankpulse.ai/rule/md13145","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":"Commercial banks","class_code":"SCB","from":"the document's own title","layer":"bankpulse_inference"},"dates":{"prid":"md13145","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":"","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/md13145.json","effective":"none held","transition":"none held","deadline":"none held"}},"rbi_source":{"url":"https://rbi.org.in/Scripts/BS_ViewMasDirections.aspx?id=13145","document_date":"November 28, 2025","read_by_bankpulse":"2026-08-21 16:15:12 UTC","text_sha256":"97eba4c52483a2314639e1ce82588f08530138ec174734f7189d99bb3dc84440","word_count":null,"standing_last_checked":"Standing checked on RBI’s Master Directions index, 15 September 2026, 5:58 am IST."},"counts":{"points_shown":81,"points_naming_an_rbi_paragraph":81,"points_stored":81,"actions":0,"amendments":3},"points":[{"n":1,"claim":"md13145-39c3c0e5","page_group":"Opening paragraphs","stored_section":"THE CORE IDEA","heading":"Settlement recognised","plain_english":"Settling for less money now counts as a valid way to resolve stress.","rbi_paragraph":"Opening paragraphs","rbi_char_offset":4450,"weight":"BACKGROUND","role":"All staff","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13145#p1","layer":"bankpulse"},{"n":1,"claim":"md13145-1b10276f","page_group":"Chapter I. Preliminary","stored_section":"WHAT CHANGES","heading":"Twenty per cent repaid","plain_english":"The specified period runs until a fifth of the principal and capitalised interest is repaid.","rbi_paragraph":"Para 6(16)","rbi_char_offset":14497,"weight":"MUST KNOW","role":"All staff","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13145#p2","layer":"bankpulse"},{"n":2,"claim":"md13145-6ca7f451","page_group":"Chapter I. Preliminary","stored_section":"THE CORE IDEA","heading":"Bad loan rules for banks","plain_english":"This paper sets what commercial banks must do when a borrower stops paying.","rbi_paragraph":"Para 1","rbi_char_offset":6882,"weight":"DO IT","role":"Branch","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13145#p3","layer":"bankpulse"},{"n":3,"claim":"md13145-e03876c8","page_group":"Chapter I. 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Preliminary","stored_section":"KEY DATES","heading":"Start date","plain_english":"These Directions came into effect on the day RBI issued them.","rbi_paragraph":"Para 2","rbi_char_offset":7024,"weight":"BACKGROUND","role":"All staff","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13145#p6","layer":"bankpulse"},{"n":6,"claim":"md13145-c06c1ef6","page_group":"Chapter I. Preliminary","stored_section":"WHO IT APPLIES TO","heading":"Who is covered","plain_english":"These Directions apply to every commercial bank.","rbi_paragraph":"Para 3","rbi_char_offset":7116,"weight":"BACKGROUND","role":"All staff","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13145#p7","layer":"bankpulse"},{"n":7,"claim":"md13145-c746deb8","page_group":"Chapter I. 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Preliminary","stored_section":"THE CORE IDEA","heading":"What default means","plain_english":"Default is non-payment of any part of a debt once it is due and payable.","rbi_paragraph":"Para 6(4)","rbi_char_offset":9695,"weight":"BACKGROUND","role":"All staff","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13145#p10","layer":"bankpulse"},{"n":10,"claim":"md13145-dbce5093","page_group":"Chapter I. Preliminary","stored_section":"THE CORE IDEA","heading":"What residual debt means","plain_english":"Residual debt is the principal all the lenders will still hold under the plan.","rbi_paragraph":"Para 6(10)","rbi_char_offset":11916,"weight":"BACKGROUND","role":"All staff","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13145#p11","layer":"bankpulse"},{"n":11,"claim":"md13145-d7c78a11","page_group":"Chapter I. Preliminary","stored_section":"THE CORE IDEA","heading":"What restructuring means","plain_english":"Restructuring is giving a borrower a concession because of financial difficulty.","rbi_paragraph":"Para 6(12)","rbi_char_offset":12565,"weight":"BACKGROUND","role":"Branch","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13145#p12","layer":"bankpulse"},{"n":12,"claim":"md13145-1dbe4ba4","page_group":"Chapter I. Preliminary","stored_section":"THE CORE IDEA","heading":"A standby line for overruns","plain_english":"A standby credit facility is a line set at closure to meet a cost overrun.","rbi_paragraph":"Para 6(17)","rbi_char_offset":15324,"weight":"BACKGROUND","role":"All staff","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13145#p13","layer":"bankpulse"},{"n":13,"claim":"md13145-4acf2c71","page_group":"Chapter I. Preliminary","stored_section":"THE CORE IDEA","heading":"Write-off is no waiver","plain_english":"A technical write-off is for the books only and waives no claim on the borrower.","rbi_paragraph":"Para 6(18)","rbi_char_offset":15522,"weight":"BACKGROUND","role":"Branch","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13145#p14","layer":"bankpulse"},{"n":1,"claim":"md13145-a04e4370","page_group":"Chapter II. General Requirements","stored_section":"WHO SHOULD ACT","heading":"Sanctioner cannot approve","plain_english":"An official who sanctioned the loan may not approve its compromise settlement.","rbi_paragraph":"Para 12(5)","rbi_char_offset":20368,"weight":"MUST KNOW","role":"Compliance","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13145#p15","layer":"bankpulse"},{"n":2,"claim":"md13145-df699f63","page_group":"Chapter II. General Requirements","stored_section":"WHAT CHANGES","heading":"CRILC monthly reporting","plain_english":"Banks must report loans of 5 crore rupees or more to CRILC monthly.","rbi_paragraph":"Para 17","rbi_char_offset":22732,"weight":"MUST KNOW","role":"Compliance","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13145#p16","layer":"bankpulse"},{"n":3,"claim":"md13145-66f7f2de","page_group":"Chapter II. General Requirements","stored_section":"WHO SHOULD ACT","heading":"Board-approved policy","plain_english":"The bank's Board must approve its policy for resolving stressed loans.","rbi_paragraph":"Para 9","rbi_char_offset":16789,"weight":"DO IT","role":"Board","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13145#p17","layer":"bankpulse"},{"n":4,"claim":"md13145-203dc99b","page_group":"Chapter II. 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General Requirements","stored_section":"WHAT CHANGES","heading":"What the policy must hold","plain_english":"The Board policy must set out the objective grounds for relief to each kind of borrower.","rbi_paragraph":"Para 13(1)","rbi_char_offset":21089,"weight":"DO IT","role":"Board","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13145#p22","layer":"bankpulse"},{"n":9,"claim":"md13145-9d406ade","page_group":"Chapter II. General Requirements","stored_section":"WHAT CHANGES","heading":"Early stress flagging","plain_english":"Banks must flag loan stress right away as a special mention account.","rbi_paragraph":"Para 15","rbi_char_offset":21686,"weight":"DO IT","role":"Branch","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13145#p23","layer":"bankpulse"},{"n":10,"claim":"md13145-7c96a011","page_group":"Chapter II. General Requirements","stored_section":"WHAT CHANGES","heading":"Weekly default reporting","plain_english":"Banks must report every big default in writing every single Friday.","rbi_paragraph":"Para 18","rbi_char_offset":22982,"weight":"DO IT","role":"Compliance","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13145#p24","layer":"bankpulse"},{"n":11,"claim":"md13145-bf6d2f40","page_group":"Chapter II. General Requirements","stored_section":"WHO SHOULD ACT","heading":"Report to the utilities","plain_english":"Financial information must be filed with the insolvency information utilities.","rbi_paragraph":"Para 19","rbi_char_offset":23261,"weight":"DO IT","role":"Compliance","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13145#p25","layer":"bankpulse"},{"n":12,"claim":"md13145-94be8733","page_group":"Chapter II. General Requirements","stored_section":"WHAT CHANGES","heading":"Show it in the notes","plain_english":"The position must be disclosed in the notes to the accounts.","rbi_paragraph":"Para 20","rbi_char_offset":23595,"weight":"DO IT","role":"All staff","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13145#p26","layer":"bankpulse"},{"n":13,"claim":"md13145-63640175","page_group":"Chapter II. General Requirements","stored_section":"THE CORE IDEA","heading":"Likely default counts too","plain_english":"A borrower not yet in default counts if default is likely without the concession.","rbi_paragraph":"Para 10(2)","rbi_char_offset":17532,"weight":"BACKGROUND","role":"Branch","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13145#p27","layer":"bankpulse"},{"n":14,"claim":"md13145-583a6036","page_group":"Chapter II. General Requirements","stored_section":"WHO SHOULD ACT","heading":"Full Board approval","plain_english":"Settling with a fraud or wilful defaulter account needs the full Board's approval.","rbi_paragraph":"Para 12(5)","rbi_char_offset":20500,"weight":"BACKGROUND","role":"Board","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13145#p28","layer":"bankpulse"},{"n":15,"claim":"md13145-5501113e","page_group":"Chapter II. General Requirements","stored_section":"IMPACT","heading":"Penalty for concealment","plain_english":"Hiding a loan's real health can bring RBI fines and stricter provisioning.","rbi_paragraph":"Para 21","rbi_char_offset":23960,"weight":"BACKGROUND","role":"Branch","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13145#p29","layer":"bankpulse"},{"n":1,"claim":"md13145-48d89658","page_group":"Chapter III. Resolution Process","stored_section":"WHAT CHANGES","heading":"Five hundred crore needs two","plain_english":"An exposure of ₹500 crore or more needs two independent credit checks; others need one.","rbi_paragraph":"Para 34","rbi_char_offset":28361,"weight":"MUST KNOW","role":"All staff","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13145#p30","layer":"bankpulse"},{"n":2,"claim":"md13145-eb486989","page_group":"Chapter III. Resolution Process","stored_section":"THE CORE IDEA","heading":"Grading does not pause","plain_english":"Re-grading of an asset must not stop just because a plan is being considered.","rbi_paragraph":"Para 38","rbi_char_offset":29431,"weight":"MUST KNOW","role":"All staff","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13145#p31","layer":"bankpulse"},{"n":3,"claim":"md13145-40536893","page_group":"Chapter III. Resolution Process","stored_section":"WHAT CHANGES","heading":"180-day implementation window","plain_english":"Banks get 180 days from review start to make the plan work.","rbi_paragraph":"Para 39(1)","rbi_char_offset":29772,"weight":"MUST KNOW","role":"All staff","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13145#p32","layer":"bankpulse"},{"n":4,"claim":"md13145-123dd3a1","page_group":"Chapter III. Resolution Process","stored_section":"WHO IT APPLIES TO","heading":"Below fifteen hundred crore","plain_english":"Chapter IV does not apply to an account with total exposure below ₹1,500 crore.","rbi_paragraph":"Para 43","rbi_char_offset":31716,"weight":"MUST KNOW","role":"Branch","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13145#p33","layer":"bankpulse"},{"n":5,"claim":"md13145-27cfc18c","page_group":"Chapter III. 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Resolution Process","stored_section":"WHO SHOULD ACT","heading":"Review together on default","plain_english":"Once one lender reports default, all the lenders must review the account together.","rbi_paragraph":"Para 23","rbi_char_offset":24487,"weight":"DO IT","role":"Compliance","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13145#p36","layer":"bankpulse"},{"n":8,"claim":"md13145-6d304005","page_group":"Chapter III. Resolution Process","stored_section":"WHO SHOULD ACT","heading":"Decide the way forward","plain_english":"During the review period the lenders must jointly settle the resolution strategy.","rbi_paragraph":"Para 24","rbi_char_offset":24635,"weight":"DO IT","role":"All staff","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13145#p37","layer":"bankpulse"},{"n":9,"claim":"md13145-0887c9ec","page_group":"Chapter III. Resolution Process","stored_section":"WHO SHOULD ACT","heading":"Sign an inter-creditor pact","plain_english":"Where a plan is to be put in place, all lenders must sign an inter-creditor agreement.","rbi_paragraph":"Para 27","rbi_char_offset":25188,"weight":"DO IT","role":"All staff","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13145#p38","layer":"bankpulse"},{"n":10,"claim":"md13145-a83d47bc","page_group":"Chapter III. Resolution Process","stored_section":"WHAT CHANGES","heading":"What that pact covers","plain_english":"The pact must set out the rights of the majority and protect those who dissent.","rbi_paragraph":"Para 29","rbi_char_offset":25957,"weight":"DO IT","role":"All staff","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13145#p39","layer":"bankpulse"},{"n":11,"claim":"md13145-c1bb9d16","page_group":"Chapter III. 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Resolution Process","stored_section":"WHAT CHANGES","heading":"Lender majority rule","plain_english":"Lenders holding 75% of the debt and 60% by number can bind all lenders.","rbi_paragraph":"Para 28(1)","rbi_char_offset":25492,"weight":"BACKGROUND","role":"All staff","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13145#p44","layer":"bankpulse"},{"n":16,"claim":"md13145-bbc16419","page_group":"Chapter III. Resolution Process","stored_section":"WHAT CHANGES","heading":"Minimum RP4 rating","plain_english":"Only resolution plans rated RP4 or better for the leftover debt can proceed.","rbi_paragraph":"Para 35","rbi_char_offset":28524,"weight":"BACKGROUND","role":"All staff","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13145#p45","layer":"bankpulse"},{"n":17,"claim":"md13145-beb13a4d","page_group":"Chapter III. Resolution Process","stored_section":"WHAT CHANGES","heading":"Exit means fully paid out","plain_english":"A plan built on exit or recovery counts as done only when the exposure is fully extinguished.","rbi_paragraph":"Para 40","rbi_char_offset":30894,"weight":"BACKGROUND","role":"All staff","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13145#p46","layer":"bankpulse"},{"n":18,"claim":"md13145-2cbbeedc","page_group":"Chapter III. Resolution Process","stored_section":"THE CORE IDEA","heading":"Any change is restructuring","plain_english":"Changing any term of a derivative contract counts as restructuring.","rbi_paragraph":"Para 44(1)","rbi_char_offset":31936,"weight":"BACKGROUND","role":"All staff","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13145#p47","layer":"bankpulse"},{"n":1,"claim":"md13145-22a89203","page_group":"Chapter IV. Additional Provisioning","stored_section":"WHAT CHANGES","heading":"Capped at the whole amount","plain_english":"Total provisions held are capped at a hundred per cent of the amount outstanding.","rbi_paragraph":"Para 48","rbi_char_offset":34155,"weight":"MUST KNOW","role":"All staff","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13145#p48","layer":"bankpulse"},{"n":2,"claim":"md13145-f278034d","page_group":"Chapter IV. Additional Provisioning","stored_section":"WHAT CHANGES","heading":"Recovery action needs provision","plain_english":"Extra provision is needed once recovery proceedings start, until they are complete.","rbi_paragraph":"Para 49","rbi_char_offset":34428,"weight":"BACKGROUND","role":"All staff","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13145#p49","layer":"bankpulse"},{"n":1,"claim":"md13145-ec241c35","page_group":"Chapter V. Prudential Norms Applicable to Restructuring","stored_section":"WHAT CHANGES","heading":"Two ratings above five hundred","plain_english":"An upgrade needs two ratings above ₹500 crore and one below it.","rbi_paragraph":"Para 60","rbi_char_offset":39040,"weight":"MUST KNOW","role":"All staff","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13145#p50","layer":"bankpulse"},{"n":2,"claim":"md13145-662c0fde","page_group":"Chapter V. Prudential Norms Applicable to Restructuring","stored_section":"WHAT CHANGES","heading":"Fifteen per cent more","plain_english":"An extra provision of fifteen per cent is made at the end of the review period.","rbi_paragraph":"Para 64","rbi_char_offset":40665,"weight":"MUST KNOW","role":"All staff","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13145#p51","layer":"bankpulse"},{"n":3,"claim":"md13145-2ce1b4eb","page_group":"Chapter V. Prudential Norms Applicable to Restructuring","stored_section":"WHAT CHANGES","heading":"No reversal at that stage","plain_english":"Excess provisions may not be written back when the plan goes for approval.","rbi_paragraph":"Para 71","rbi_char_offset":42943,"weight":"MUST KNOW","role":"All staff","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13145#p52","layer":"bankpulse"},{"n":4,"claim":"md13145-a1524fb4","page_group":"Chapter V. Prudential Norms Applicable to Restructuring","stored_section":"WHAT CHANGES","heading":"Twenty-six per cent needed","plain_english":"The new promoter must hold at least 26 per cent and be the single largest shareholder.","rbi_paragraph":"Para 77(3)","rbi_char_offset":45183,"weight":"MUST KNOW","role":"All staff","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13145#p53","layer":"bankpulse"},{"n":5,"claim":"md13145-857b2f14","page_group":"Chapter V. Prudential Norms Applicable to Restructuring","stored_section":"WHAT CHANGES","heading":"All must be investment grade","plain_english":"Where more ratings are taken, every one must be investment grade to allow an upgrade.","rbi_paragraph":"Para 60","rbi_char_offset":39271,"weight":"DO IT","role":"All staff","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13145#p54","layer":"bankpulse"},{"n":6,"claim":"md13145-bfb457ca","page_group":"Chapter V. Prudential Norms Applicable to Restructuring","stored_section":"WHO SHOULD ACT","heading":"Make up any shortfall","plain_english":"Where provisions held fall short of what is expected, the gap must be filled.","rbi_paragraph":"Para 69(1)","rbi_char_offset":42303,"weight":"DO IT","role":"All staff","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13145#p55","layer":"bankpulse"},{"n":7,"claim":"md13145-f723873f","page_group":"Chapter V. Prudential Norms Applicable to Restructuring","stored_section":"WHO SHOULD ACT","heading":"New promoter must be clean","plain_english":"The lender must establish that the new promoter is not linked to the old one.","rbi_paragraph":"Para 77(2)","rbi_char_offset":44897,"weight":"DO IT","role":"All staff","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13145#p56","layer":"bankpulse"},{"n":8,"claim":"md13145-7da8ae84","page_group":"Chapter V. Prudential Norms Applicable to Restructuring","stored_section":"WHAT CHANGES","heading":"And must be in control","plain_english":"The new promoter must also be in control as the company and securities law define it.","rbi_paragraph":"Para 77(4)","rbi_char_offset":45371,"weight":"DO IT","role":"All staff","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13145#p57","layer":"bankpulse"},{"n":9,"claim":"md13145-29a90438","page_group":"Chapter V. Prudential Norms Applicable to Restructuring","stored_section":"WHAT CHANGES","heading":"Downgrade on restructuring","plain_english":"A healthy loan is downgraded the moment it gets restructured.","rbi_paragraph":"Para 52","rbi_char_offset":35903,"weight":"BACKGROUND","role":"Branch","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13145#p58","layer":"bankpulse"},{"n":10,"claim":"md13145-92eb3071","page_group":"Chapter V. Prudential Norms Applicable to Restructuring","stored_section":"THE CORE IDEA","heading":"Grade does not improve","plain_english":"A bad account keeps the same grade after restructuring as it had before.","rbi_paragraph":"Para 53","rbi_char_offset":36117,"weight":"BACKGROUND","role":"Branch","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13145#p59","layer":"bankpulse"},{"n":11,"claim":"md13145-60f9c199","page_group":"Chapter V. Prudential Norms Applicable to Restructuring","stored_section":"WHAT CHANGES","heading":"New money follows the account","plain_english":"New finance takes the account's grade if it fails during the watch period.","rbi_paragraph":"Para 56","rbi_char_offset":37071,"weight":"BACKGROUND","role":"Branch","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13145#p60","layer":"bankpulse"},{"n":12,"claim":"md13145-8c6246a3","page_group":"Chapter V. Prudential Norms Applicable to Restructuring","stored_section":"WHAT CHANGES","heading":"Freeze ends on rejection","plain_english":"The freeze on provisions ends at once if the plan is rejected.","rbi_paragraph":"Para 73","rbi_char_offset":43410,"weight":"BACKGROUND","role":"All staff","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13145#p61","layer":"bankpulse"},{"n":13,"claim":"md13145-f73e20a2","page_group":"Chapter V. Prudential Norms Applicable to Restructuring","stored_section":"WHAT CHANGES","heading":"Cash basis for bad accounts","plain_english":"Interest on a restructured standard account is taken on accrual, on a bad one only in cash.","rbi_paragraph":"Para 74","rbi_char_offset":43862,"weight":"BACKGROUND","role":"Branch","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13145#p62","layer":"bankpulse"},{"n":14,"claim":"md13145-f4761b2b","page_group":"Chapter V. Prudential Norms Applicable to Restructuring","stored_section":"WHAT CHANGES","heading":"Failure restarts the clock","plain_english":"If the account fails during the watch period, a fresh review period begins.","rbi_paragraph":"Para 79","rbi_char_offset":46039,"weight":"BACKGROUND","role":"Branch","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13145#p63","layer":"bankpulse"},{"n":1,"claim":"md13145-4d243cf3","page_group":"Chapter VI. Special Cases of Restructuring","stored_section":"WHAT CHANGES","heading":"Fraud accounts barred","plain_english":"Banks cannot restructure loans linked to fraud or wilful default.","rbi_paragraph":"Para 84","rbi_char_offset":48299,"weight":"MUST KNOW","role":"All staff","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13145#p64","layer":"bankpulse"},{"n":2,"claim":"md13145-2515c3b5","page_group":"Chapter VI. Special Cases of Restructuring","stored_section":"THE CORE IDEA","heading":"Settlement is not a right","plain_english":"A borrower cannot demand a compromise settlement; it is the lender's judgement.","rbi_paragraph":"Para 88","rbi_char_offset":49558,"weight":"MUST KNOW","role":"Branch","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13145#p65","layer":"bankpulse"},{"n":3,"claim":"md13145-6c9ef0e5","page_group":"Chapter VI. Special Cases of Restructuring","stored_section":"WHAT CHANGES","heading":"Three months makes restructuring","plain_english":"A settlement paid over more than three months counts as restructuring.","rbi_paragraph":"Para 90","rbi_char_offset":50354,"weight":"MUST KNOW","role":"All staff","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13145#p66","layer":"bankpulse"},{"n":4,"claim":"md13145-dc2948ad","page_group":"Chapter VI. Special Cases of Restructuring","stored_section":"WHAT CHANGES","heading":"12-month lending gap","plain_english":"Banks must wait at least 12 months before lending again after a settlement.","rbi_paragraph":"Para 96","rbi_char_offset":52681,"weight":"MUST KNOW","role":"All staff","team":null,"products_covered":[],"products_excluded":["agriculture-loan"],"bankpulse_example":"Suppose a settlement is agreed in March. The bank may not lend to that borrower again for at least 12 months. Its own board policy may set a longer wait, but never a shorter one. This does not cover farm credit.","anchor":"https://bankpulse.ai/rule/md13145#p67","layer":"bankpulse"},{"n":5,"claim":"md13145-7b16d018","page_group":"Chapter VI. Special Cases of Restructuring","stored_section":"WHAT CHANGES","heading":"Lok Adalat route","plain_english":"Disputes up to 20 lakh rupees can go to civil court Lok Adalats.","rbi_paragraph":"Para 102(1)","rbi_char_offset":56916,"weight":"MUST KNOW","role":"All staff","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13145#p68","layer":"bankpulse"},{"n":6,"claim":"md13145-f98a04ec","page_group":"Chapter VI. Special Cases of Restructuring","stored_section":"THE CORE IDEA","heading":"Most recovery, least cost","plain_english":"A compromise settlement must aim at the most recovery at the least cost.","rbi_paragraph":"Para 87","rbi_char_offset":49417,"weight":"DO IT","role":"All staff","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13145#p69","layer":"bankpulse"},{"n":7,"claim":"md13145-e1a27769","page_group":"Chapter VI. Special Cases of Restructuring","stored_section":"KEY DATES","heading":"Report upward each quarter","plain_english":"Settlements and write-offs must be reported to the next higher authority each quarter.","rbi_paragraph":"Para 94","rbi_char_offset":51595,"weight":"DO IT","role":"Compliance","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13145#p70","layer":"bankpulse"},{"n":8,"claim":"md13145-7d7967f2","page_group":"Chapter VI. Special Cases of Restructuring","stored_section":"WHO SHOULD ACT","heading":"Top approvals to Board","plain_english":"Compromise settlements and write-offs approved by the chief executive or a Board committee must be reported to the Board.","rbi_paragraph":"Para 94","rbi_char_offset":51811,"weight":"DO IT","role":"Board","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13145#p71","layer":"bankpulse"},{"n":9,"claim":"md13145-6c7113e9","page_group":"Chapter VI. Special Cases of Restructuring","stored_section":"KEY DATES","heading":"A cooling period after settlement","plain_english":"A cooling period set by the Board policy must pass before fresh exposure to that borrower.","rbi_paragraph":"Para 96","rbi_char_offset":52513,"weight":"DO IT","role":"Board","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13145#p72","layer":"bankpulse"},{"n":10,"claim":"md13145-3b8a3dcd","page_group":"Chapter VI. Special Cases of Restructuring","stored_section":"THE CORE IDEA","heading":"Part settlement is restructuring","plain_english":"Any part settlement with the borrower also counts as restructuring.","rbi_paragraph":"Para 91","rbi_char_offset":50440,"weight":"BACKGROUND","role":"Branch","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13145#p73","layer":"bankpulse"},{"n":11,"claim":"md13145-cece14fb","page_group":"Chapter VI. Special Cases of Restructuring","stored_section":"THE CORE IDEA","heading":"The right to recover stays","plain_english":"A technical write-off does not weaken the right to recover from the borrower.","rbi_paragraph":"Para 92","rbi_char_offset":50862,"weight":"BACKGROUND","role":"Branch","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13145#p74","layer":"bankpulse"},{"n":12,"claim":"md13145-2b773080","page_group":"Chapter VI. Special Cases of Restructuring","stored_section":"WHAT CHANGES","heading":"Measure against the original","plain_english":"After a part write-off, provisions and grading still work off the original exposure.","rbi_paragraph":"Para 93","rbi_char_offset":51303,"weight":"BACKGROUND","role":"All staff","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13145#p75","layer":"bankpulse"},{"n":13,"claim":"md13145-5e4c8e3e","page_group":"Chapter VI. Special Cases of Restructuring","stored_section":"WHO SHOULD ACT","heading":"Board sets the farm gap","plain_english":"The cooling period for farm credit is set by the lender's own Board policy.","rbi_paragraph":"Para 96","rbi_char_offset":52922,"weight":"BACKGROUND","role":"Board","team":null,"products_covered":["agriculture-loan"],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13145#p76","layer":"bankpulse"},{"n":14,"claim":"md13145-a50dfc44","page_group":"Chapter VI. Special Cases of Restructuring","stored_section":"WHAT CHANGES","heading":"Cash settlement allowed","plain_english":"Banks can still settle for cash with fraud or wilful defaulter accounts.","rbi_paragraph":"Para 98","rbi_char_offset":53440,"weight":"BACKGROUND","role":"All staff","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13145#p77","layer":"bankpulse"},{"n":1,"claim":"md13145-9ddb6a0e","page_group":"Chapter XI. Repeal and Other Provisions","stored_section":"KEY DATES","heading":"Latest update","plain_english":"The version in force today was updated on July 1, 2026.","rbi_paragraph":"Para 166","rbi_char_offset":92756,"weight":"MUST KNOW","role":"All staff","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13145#p78","layer":"bankpulse"},{"n":2,"claim":"md13145-d082e33e","page_group":"Chapter XI. Repeal and Other Provisions","stored_section":"WHAT IT REPLACES","heading":"Older rules repealed","plain_english":"This document repeals all earlier stressed-asset rules for commercial banks.","rbi_paragraph":"Para 163","rbi_char_offset":90582,"weight":"BACKGROUND","role":"All staff","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13145#p79","layer":"bankpulse"},{"n":3,"claim":"md13145-30fee77a","page_group":"Chapter XI. Repeal and Other Provisions","stored_section":"WHAT IT REPLACES","heading":"Old cases continue","plain_english":"Action already taken under the old rules stays governed by them.","rbi_paragraph":"Para 164","rbi_char_offset":91038,"weight":"BACKGROUND","role":"All staff","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13145#p80","layer":"bankpulse"},{"n":4,"claim":"md13145-b0bc422a","page_group":"Chapter XI. Repeal and Other Provisions","stored_section":"WHO IT APPLIES TO","heading":"Relation to other laws","plain_english":"These Directions add to other laws; they do not cancel any of them.","rbi_paragraph":"Para 165","rbi_char_offset":92079,"weight":"BACKGROUND","role":"All staff","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13145#p81","layer":"bankpulse"}],"actions":[],"amendments":[{"id":"nt13383","title":"Reserve Bank of India (Commercial Banks – Resolution of Stressed Assets) Amendment Directions, 2026","date":"Apr 27, 2026","rbi_url":"https://rbi.org.in/Scripts/NotificationUser.aspx?Id=13383&Mode=0","order":1,"layer":"rbi_source"},{"id":"nt13408","title":"Reserve Bank of India (Commercial Banks – Resolution of Stressed Assets) Second Amendment Directions, 2026","date":"Apr 29, 2026","rbi_url":"https://rbi.org.in/Scripts/NotificationUser.aspx?Id=13408&Mode=0","order":2,"layer":"rbi_source"},{"id":"nt13565","title":"Reserve Bank of India (Commercial Banks – Resolution of Stressed Assets) Third Amendment Directions, 2026","date":"Jul 16, 2026","rbi_url":"https://rbi.org.in/Scripts/NotificationUser.aspx?Id=13565&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."}