Reserve Bank of India (Urban Co-operative Banks - Supervisory Returns) Directions, 2026
UR
- Applies toUrban co-operative banks
- StatusIn force
- ImportanceMUST READ
- IssuedJul 31, 2026
- Amendmentsnone tracked
- Length39 points in 4 sections · 4 min read
The four dates on this rule
- PublishedJul 31, 2026The day RBI put this document out.
- Starts to applyNot statedNot stated separately in this document. Read the rule itself before you assume a start date.
- Time to get readyNot statedCannot be worked out until the day it starts to apply is known.
- Last date to actNot statedNo date to act by was found in this document. Other dates may sit inside single paragraphs.
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Numbers to remember
| ten years | Form VIII reports deposit accounts not operated for more than ten years. RBI Para 20 |
| hundred crore rupees | A bank with total assets of five hundred crore rupees and above files the CRILC return. RBI Para 20 |
| five crore rupees | Borrowers with an aggregate exposure of five crore rupees and above are reported through CRILC. RBI Para 20 |
| one crore rupees | Doubtful, loss and suit filed accounts of one crore rupees and above are reported. RBI Para 20 |
| five lakh rupees | Wilful defaults of twenty-five lakh rupees and above are captured in this return. RBI Para 20 |
| fifteen days | A monthly return is due within fifteen days of the last day of the month. RBI Para 21 |
| one days | A quarterly return is due within twenty-one days of the last day of the quarter. RBI Para 21 |
| thirty days | The yearly Form VIII return is due within thirty days of 31 December. RBI Para 22 |
What it says
Chapter I. Preliminary
1. Returns rules for UCBs
This paper sets what urban co-operative banks must file with RBI.
2. One online platform
Returns go through the Reserve Bank's central information management system.
3. Start date
These Directions came into effect immediately upon issuance.
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.
4. Who is covered
These Directions apply to every urban co-operative bank.
Chapter II. Governance and Oversight
Must know
1. Group shape is no excuse
The group's legal shape must not stop data being pulled together at any level.
Do it
2. Data risk is Board risk
The Board and senior staff must treat data quality risk as part of overall risk work.
3. Cover both in and out
The framework must cover data work done in house and work given out.
4. Write it down, test it
Data gathering and risk reporting must be fully documented and tested to a high standard.
5. Put resources on it
The Board and senior staff must see that enough resources go to this work.
6. Check a deal's effect
A purchase, a sale, a new product or an IT change must be weighed for its effect on reporting.
7. Fold it in on time
Where such a change happens, the reporting must be folded into the existing framework in a set time.
8. Build for the bad days
The data systems must give complete and timely returns in a crisis as well as in normal times.
9. Name who owns what
Roles must be fixed between the business owners and the IT team to keep the data current.
10. Tally with your own books
Every return must be reconciled with the firm's own records, including the accounts.
11. Keep the rules on file
Records of where the data came from and how it was added up must be kept.
12. Automate the filing
The bank must work towards generating return data automatically.
Chapter III. Filing of Supervisory Returns
Must know
1. Ten years unclaimed
Form VIII reports deposit accounts not operated for more than ten years.
2. CRILC above 500 crore
A bank with total assets of five hundred crore rupees and above files the CRILC return.
3. CRILC from five crore
Borrowers with an aggregate exposure of five crore rupees and above are reported through CRILC.
4. Bad accounts from one crore
Doubtful, loss and suit filed accounts of one crore rupees and above are reported.
5. Wilful defaults from 25 lakh
Wilful defaults of twenty-five lakh rupees and above are captured in this return.
6. Frequency sets the date
How often a return is due decides the date it must reach RBI.
7. Monthly, fifteen days
A monthly return is due within fifteen days of the last day of the month.
8. Quarterly, twenty-one days
A quarterly return is due within twenty-one days of the last day of the quarter.
BankPulse example. The quarter ends on 30 September. The return is due within 21 days of that day. So it must reach RBI by 21 October.
9. Form VIII in thirty days
The yearly Form VIII return is due within thirty days of 31 December.
10. Other returns still due
These rules do not affect any other statutory or regulatory return.
Do it
11. File online only
Every return must be filed online, in the form and manner told to the firm.
12. File again when up
If the portal was down, the return must be filed online as soon as it works again.
13. Accurate and on time
Returns must be filed with accurate and complete data, strictly by the set dates.
14. True and correct
The information in every return must be true and correct.
Background
15. Paper does not count
A return sent on paper or by email is treated as not filed at all.
16. Timelines follow frequency
Return timelines follow the filing frequency unless the rulebook says otherwise.
17. Ad-hoc means the letter's date
An ad-hoc return is due by the date named in RBI's own communication.
18. Fraud return, fourteen days
A fraud monitoring return is due within fourteen days of the fraud classification date.
Chapter IV. Repeal and Other Provisions
1. Old repeals stand
Anything repealed before these Directions stays repealed.
2. Old actions stay valid
Action taken under the repealed rules is still governed by those rules.
3. Old approvals move across
An approval given under the repealed rules is now governed by these Directions.
4. These add to other law
These Directions are in addition to any other law and do not cut it down.
5. RBI's reading is final
RBI's reading of any provision here is final and binds everyone.
The same subject for other kinds of institution
The same subject for other kinds of institution.
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RBI credit bureau reporting rules for urban co-operative banks 2025
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RBI customer service and fair conduct rules for urban co-operative banks 2025
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