RBI Directions 400/2026 Dated 30/04/2026 – Conduct of Government Business by Agency Banks (ABs) Payment of Agency Commission and Oversight Directions 2026  

The directions governs conduct of Government business by Agency Banks (ABs), covering appointment, commission payment, reporting, and oversight. These clearly define transactions eligible for agency commission (like government receipts and payments) and exclude items such as prefunded schemes, bank’s own tax payments, and certain financial transactions. Updated commission rates apply (Rs 40 for physical receipts, Rs 12 for e- receipts, Rs 80 for pension payments, and 7 paise per Rs 100 for other payments). Strict timelines for reporting, claim submission (within 60 days), and data uploads are mandated. 

(Link: RBI Directions 400/2026 Dated 30/04/2026)

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