The Reserve Bank of India has issued the Reserve Bank of India (Rural Co-operative Banks – Cash Reserve Ratio and Statutory Liquidity Ratio) Amendment Directions, 2025 to align the CRR and SLR framework with the amendments introduced under the Banking Laws (Amendment) Act, 2025. A key change is the revised definition of “fortnight,” now aligned to the 1st–15th and 16th–end of each month, effective December 15, 2025. Accordingly, multiple references to “Friday” across the Directions have been replaced with “day,” and all reporting and maintenance requirements in Form B (CRR) and Form I (SLR) have been updated to reflect the new fortnightly cycle. Provisional, final and special Form B returns have been discontinued, paragraph 34 deleted, and a single revised Form B and Form I—with new return codes—must now be submitted exclusively through the CIMS portal.
Transitional provisions require CRR and SLR maintenance for December 16–31, 2025 and January 1–15, 2026 based on NDTL as on November 28 and December 15, 2025, respectively. During the transition period from December 13–15, 2025, banks must maintain CRR and SLR based on NDTL as on November 28, 2025 and ensure a minimum CRR of 100% of the requirement. Banks must also file Form B for December 12, 2025 under the existing structure and submit Form I for December 2025 using both old and new codes on the CIMS portal. Conforming textual changes have also been made in Annexes I, II and III to update references to fortnight-end reporting.
Link – https://www.rbi.org.in/Scripts/NotificationUser.aspx?Id=13228&Mode=0
