Reserve Bank of India (Local Area Banks – Prudential Norms on Declaration of Dividend) Directions, 2026

11-Mar-2026 , 04:08:16 pm | By CASANSAAR print

Reserve Bank of India (Local Area Banks – Prudential Norms on Declaration of Dividend) Directions, 2026

RBI/2025-26/389
DOR.ACC.REC.No.430/21.02.067/2025-26

March 10, 2026

Reserve Bank of India (Local Area Banks – Prudential Norms on Declaration of Dividend) Directions, 2026

Introduction

In exercise of the powers conferred by Section 35A of the Banking Regulation Act (BR Act), 1949, and all other provisions / laws enabling the Reserve Bank of India (‘RBI’) in this regard, RBI being satisfied that it is necessary and expedient in the public interest to do so, hereby, issues the Directions hereinafter specified.