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RBI Master Direction Overview

Master Directions

The Reserve Bank of India has started issuing Master Directions on all regulatory matters beginning January 2016. The Master Directions consolidate instructions on rules and regulations framed by the Reserve Bank under various Acts including banking issues and foreign exchange transactions.

The process of issuing Master Directions involves issuing one Master Direction for each subject matter covering all instructions on that subject. Any change in the rules, regulation or policy is communicated during the year by way of circulars/press releases. The Master Directions will be updated suitably and simultaneously whenever there is a change in the rules/regulations or there is a change in the policy. All the changes will get reflected in the Master Directions available on the RBI website along with the dates on which changes are made.

Explanations of rules and regulations will be issued by way of Frequently Asked Questions (FAQs) after issue of the Master Directions in easy to understand language wherever necessary. The existing set of Master Circulars issued on various subjects will stand withdrawn with the issue of the Master Direction on the subject.

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Master Directions

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আগ 25, 2016
updated: 5 May, 2025
Master Direction - Core Investment Companies (Reserve Bank) Directions, 2016 (Updated as on May 05, 2025)

RBI/DoR(NBFC)/2016-17/39 Master Direction DoR(NBFC).PD.003/03.10.119/2016-17 August 25, 2016 (Updated as on February 27, 2025) (Updated as on October 11, 2024) (Updated as on December 29, 2022) (Updated as on October 05, 2021) (Updated as on October 05, 2020) (Updated as on November 22, 2019) (Updated as on June 07, 2018) (Updated as on November 09, 2017) Master Direction - Core Investment Companies (Reserve Bank) Directions, 2016

RBI/DoR(NBFC)/2016-17/39 Master Direction DoR(NBFC).PD.003/03.10.119/2016-17 August 25, 2016 (Updated as on February 27, 2025) (Updated as on October 11, 2024) (Updated as on December 29, 2022) (Updated as on October 05, 2021) (Updated as on October 05, 2020) (Updated as on November 22, 2019) (Updated as on June 07, 2018) (Updated as on November 09, 2017) Master Direction - Core Investment Companies (Reserve Bank) Directions, 2016

জুলাই 05, 2016
updated: 3 May, 2024
Master Direction - Risk Management and Inter-Bank Dealings (Updated as on May 03, 2024)

RBI/FMRD/2016-17/31 FMRD Master Direction No. 1/2016-17 July 5, 2016 (Updated as on June 06, 2023) (Updated as on September 01, 2020) (Updated as on June 01, 2020) (Updated as on January 07, 2020) (Updated as on April 02, 2018) (Updated as

RBI/FMRD/2016-17/31 FMRD Master Direction No. 1/2016-17 July 5, 2016 (Updated as on June 06, 2023) (Updated as on September 01, 2020) (Updated as on June 01, 2020) (Updated as on January 07, 2020) (Updated as on April 02, 2018) (Updated as

জুলাই 01, 2016
updated: 3 Jul, 2017
Master Directions on Frauds - Classification and Reporting by commercial banks and select FIs (Updated as on July 03, 2017)
RBI/DBS/2016-17/28 DBS.CO.CFMC.BC.No.1/23.04.001/2016-17 July 01, 2016 (Updated as on July 03, 2017) The Chairmen & Chief Executive Officers of all Scheduled Commercial Banks (excluding RRBs) and All India Select Financial Institutions
RBI/DBS/2016-17/28 DBS.CO.CFMC.BC.No.1/23.04.001/2016-17 July 01, 2016 (Updated as on July 03, 2017) The Chairmen & Chief Executive Officers of all Scheduled Commercial Banks (excluding RRBs) and All India Select Financial Institutions
জুলাই 01, 2016
updated: 22 Nov, 2018
Master Direction - Operational Guidelines for Primary Dealers (Updated as on November 22, 2018)
RBI/IDMD/2016-17/29 Master Direction IDMD.PDRD.01/03.64.00/2016-17 July 1, 2016 (Updated as on November 22, 2018) All Primary Dealers Dear Sir / Madam Master Direction – Operational Guidelines for Primary Dealers The Reserve Bank of India h
RBI/IDMD/2016-17/29 Master Direction IDMD.PDRD.01/03.64.00/2016-17 July 1, 2016 (Updated as on November 22, 2018) All Primary Dealers Dear Sir / Madam Master Direction – Operational Guidelines for Primary Dealers The Reserve Bank of India h
মে’ 26, 2016
updated: 10 Aug, 2021
Master Direction- Reserve Bank of India (Financial Services provided by Banks) Directions, 2016 (Updated as on August 10, 2021)

RBI/DBR/2015-16/25 Master Direction/DBR.FSD.No.101/24.01.041/2015-16 May 26, 2016 (Updated as on August 10, 2021) (Updated as on September 25, 2017) Master Direction- Reserve Bank of India (Financial Services provided by Banks) Directions,

RBI/DBR/2015-16/25 Master Direction/DBR.FSD.No.101/24.01.041/2015-16 May 26, 2016 (Updated as on August 10, 2021) (Updated as on September 25, 2017) Master Direction- Reserve Bank of India (Financial Services provided by Banks) Directions,

মে’ 12, 2016
Master Direction - Ownership in Private Sector Banks, Directions, 2016
RBI/DBR/2015-16/24 Master Direction DBR.PSBD.No. 97/16.13.100/2015-16 May 12, 2016 Master Direction – Ownership in Private Sector Banks, Directions, 2016 In exercise of the powers conferred by the Second proviso to Section12 (B) (2) of the
RBI/DBR/2015-16/24 Master Direction DBR.PSBD.No. 97/16.13.100/2015-16 May 12, 2016 Master Direction – Ownership in Private Sector Banks, Directions, 2016 In exercise of the powers conferred by the Second proviso to Section12 (B) (2) of the
এপ্ৰিল 21, 2016
Master Direction - Amalgamation of Private Sector Banks, Directions, 2016
RBI/DBR/2015-16/22 Master Direction DBR.PSBD.No. 96/16.13.100/2015-16 April 21, 2016 Master Direction – Amalgamation of Private Sector Banks, Directions, 2016 In exercise of the powers conferred by Section 35A of the Banking Regulation Act,
RBI/DBR/2015-16/22 Master Direction DBR.PSBD.No. 96/16.13.100/2015-16 April 21, 2016 Master Direction – Amalgamation of Private Sector Banks, Directions, 2016 In exercise of the powers conferred by Section 35A of the Banking Regulation Act,
এপ্ৰিল 21, 2016
Master Direction - Issue and Pricing of shares by Private Sector Banks, Directions, 2016
RBI/DBR/2015-16/21 Master Direction DBR.PSBD.No.95/16.13.100/2015-16 April 21, 2016 Master Direction - Issue and Pricing of shares by Private Sector Banks, Directions, 2016 In exercise of the powers conferred by 35 A of the Banking Regulati
RBI/DBR/2015-16/21 Master Direction DBR.PSBD.No.95/16.13.100/2015-16 April 21, 2016 Master Direction - Issue and Pricing of shares by Private Sector Banks, Directions, 2016 In exercise of the powers conferred by 35 A of the Banking Regulati
মাৰ্চ 03, 2016
updated: 7 Jun, 2024
Master Direction - Reserve Bank of India (Interest Rate on Deposits) Directions, 2016 (Updated as on June 07, 2024)

RBI/DBR/2015-16/19 Master Direction DBR.Dir.No.84/13.03.00/2015-16 March 03, 2016 (Updated as on June 07, 2024) (Updated as on October 26, 2023) (Updated as on September 16, 2022) (Updated as on November 11, 2021) (Updated as on July 02, 2021) (Updated as on February 22, 2019) Master Direction - Reserve Bank of India (Interest Rate on Deposits) Directions, 2016 In exercise of the powers conferred by conferred by Sections 21 and 35 A of the Banking Regulation Act, 1949, the Reserve Bank of India being satisfied that it is necessary and expedient in the public interest so to do, hereby, issues the Directions hereinafter specified.

RBI/DBR/2015-16/19 Master Direction DBR.Dir.No.84/13.03.00/2015-16 March 03, 2016 (Updated as on June 07, 2024) (Updated as on October 26, 2023) (Updated as on September 16, 2022) (Updated as on November 11, 2021) (Updated as on July 02, 2021) (Updated as on February 22, 2019) Master Direction - Reserve Bank of India (Interest Rate on Deposits) Directions, 2016 In exercise of the powers conferred by conferred by Sections 21 and 35 A of the Banking Regulation Act, 1949, the Reserve Bank of India being satisfied that it is necessary and expedient in the public interest so to do, hereby, issues the Directions hereinafter specified.

মাৰ্চ 03, 2016
updated: 12 Sep, 2023
Master Direction - Reserve Bank of India (Interest Rate on Advances) Directions, 2016 (Updated as on September 12, 2023)
RBI/DBR/2015-16/20 Master Direction DBR.Dir.No.85/13.03.00/2015-16 March 03, 2016 (Updated as on June 10, 2021) (Updated as on February 26, 2020) (Updated as on September 04, 2019) (Updated as on March 29, 2016) Master Direction - Reserve B
RBI/DBR/2015-16/20 Master Direction DBR.Dir.No.85/13.03.00/2015-16 March 03, 2016 (Updated as on June 10, 2021) (Updated as on February 26, 2020) (Updated as on September 04, 2019) (Updated as on March 29, 2016) Master Direction - Reserve B
জানু 04, 2016
updated: 6 Sep, 2024
Master Direction - Other Remittance Facilities (Updated as on September 06, 2024)

RBI/FED/2015-16/4 FED Master Direction No. 8/2015-16 January 1, 2016 (Updated as on September 06, 2024) (Updated as on April 03, 2024) (Updated as on November 6, 2018) (Updated as on February 11, 2016) To, All Authorised Persons in Foreign Exchange Madam / Sir, Master Direction - Other Remittance Facilities Miscellaneous remittance facilities for residents are allowed in terms of Section 5 of the Foreign Exchange Management Act, 1999, read with Government of India Notification No. G.S.R 381(E) dated May 3, 2000. These Rules/ Regulations are amended from time to time to incorporate the changes in the regulatory framework and published through amendment notifications.

RBI/FED/2015-16/4 FED Master Direction No. 8/2015-16 January 1, 2016 (Updated as on September 06, 2024) (Updated as on April 03, 2024) (Updated as on November 6, 2018) (Updated as on February 11, 2016) To, All Authorised Persons in Foreign Exchange Madam / Sir, Master Direction - Other Remittance Facilities Miscellaneous remittance facilities for residents are allowed in terms of Section 5 of the Foreign Exchange Management Act, 1999, read with Government of India Notification No. G.S.R 381(E) dated May 3, 2000. These Rules/ Regulations are amended from time to time to incorporate the changes in the regulatory framework and published through amendment notifications.

জানু 04, 2016
updated: 6 Sep, 2024
Master Direction - Liberalised Remittance Scheme (LRS) (Updated as on September 06, 2024)

RBI/FED/2017-18/3 FED Master Direction No. 7/2015-16 January 1, 2016 (Updated as on September 06, 2024) (Updated as on December 22, 2023) (Updated as on August 24, 2022) (Updated as on August 23, 2022) (Updated as on June 20, 2018) (Updated as on August 02, 2017) (Updated as on April 12, 2017) (Updated as on February 11, 2016*) To, All Authorised Persons in Foreign Exchange Madam / Sir, Master Direction - Liberalised Remittance Scheme (LRS) The captioned Scheme was introduced on February 4, 2004, vide A.P. (DIR Series) Circular No. 64 dated February 4, 2004 read with GoI Notification G.S.R. No.207(E) dated March 23, 2004, as a liberalization measure to facilitate resident individuals to remit funds abroad for permitted current or capital account transactions or combination of both. These Regulations are amended from time to time to incorporate the changes in the regulatory framework and published through amendment notifications.

RBI/FED/2017-18/3 FED Master Direction No. 7/2015-16 January 1, 2016 (Updated as on September 06, 2024) (Updated as on December 22, 2023) (Updated as on August 24, 2022) (Updated as on August 23, 2022) (Updated as on June 20, 2018) (Updated as on August 02, 2017) (Updated as on April 12, 2017) (Updated as on February 11, 2016*) To, All Authorised Persons in Foreign Exchange Madam / Sir, Master Direction - Liberalised Remittance Scheme (LRS) The captioned Scheme was introduced on February 4, 2004, vide A.P. (DIR Series) Circular No. 64 dated February 4, 2004 read with GoI Notification G.S.R. No.207(E) dated March 23, 2004, as a liberalization measure to facilitate resident individuals to remit funds abroad for permitted current or capital account transactions or combination of both. These Regulations are amended from time to time to incorporate the changes in the regulatory framework and published through amendment notifications.

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পৃষ্ঠাটো শেহতীয়া আপডেট কৰা তাৰিখ: জুলাই 04, 2025