Amendment to RBI Commercial Banks- Responsible Business Conduct Directions: It introduce major changes to the Basic Savings Bank Deposit (BSBD) framework. The amendments redefine “Digital Payment Transaction” and overhaul paragraphs 86 to 92, mandating banks to offer BSBD accounts as a standard service with essential facilities i.e. cash deposits, unlimited monthly deposits, ATM-cum-debit card without annual fees, a 25 leaf cheque book, internet/mobile banking, free passbook or e- statements, and four free withdrawals per month. Banks must not impose minimum balance requirements and must allow customers to convert existing accounts into BSBD accounts within seven days.
(Link: RBI Notification 103/2025 Dated 04/12/2025)
Amendment to RBI Small Finance Banks- Responsible Business Conduct Directions:
Similar amendments refer above brief for notification 103/2025 dated 04/12/2025.
(Link: RBI Notification 104/2025 Dated 04/12/2025)
Amendment to RBI Payment Banks- Responsible Business Conduct Directions:
Similar amendments refer above brief for notification 103/2025 dated 04/12/2025.
(Link: RBI Notification 105/2025 Dated 04/12/2025)
Amendment to RBI Local Area Banks- Responsible Business Conduct Directions:
Similar amendments refer above brief for notification 103/2025 dated 04/12/2025.
(Link: RBI Notification 106/2025 Dated 04/12/2025)
Amendment to RBI Regional Rural Banks- Responsible Business Conduct Directions:
Similar amendments refer above brief for notification 103/2025 dated 04/12/2025.
(Link: RBI Notification 107/2025 Dated 04/12/2025)
Amendment to RBI Urban Coop Banks- Responsible Business Conduct Directions:
Similar amendments refer above brief for notification 103/2025 dated 04/12/2025.
(Link: RBI Notification 108/2025 Dated 04/12/2025)
Amendment to RBI Rural Coop Banks- Responsible Business Conduct Directions:
Similar amendments refer above brief for notification 103/2025 dated 04/12/2025.