Back
RBI
Reserve Bank of India29 days ago1 min read
Reserve Bank of India (Commercial Banks – Income Recognition, Asset Classification and Provisioning) Second Amendment Directions, 2026
RBI issues second amendment directions for commercial banks on income recognition, asset classification, and provisioning.
Key points
- Amendments in income recognition
- Updated asset classification criteria
- Provisioning requirements modified
Impact analysis
- This affects commercial banks and requires them to update their accounting practices.
Who should care
Commercial Banks
Affected industries
Financial Services