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Times of India | RBI to align bank disclosure norms with global standards
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The Reserve Bank of India has issued draft “Capital Adequacy Amendment Directions, 2026” that will require all banks—listed and unlisted—to adopt uniform, template‑driven disclosures aligned with Basel standards. Effective from the second quarter of FY 2026‑27 and open for comments until 2 June 2026, the norms mandate standardized reporting formats (including figures in crores), retain unchanged template rows even when data are unavailable, and demand board‑level attestation by whole‑time directors. Banks must also maintain a dedicated regulatory‑disclosure section on their websites with a ten‑year archive, thereby enhancing transparency, enabling easier global comparisons, and improving accountability across the Indian banking sector.
Read more: https://timesofindia.indiatimes.com/business/india-business/rbi-to-align-bank-disclosure-norms-with-global-standards/articleshow/131213426.cms
#RBI #BaselAccord
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