{"id":5939,"date":"2026-05-24T23:48:29","date_gmt":"2026-05-24T23:48:29","guid":{"rendered":"https:\/\/bhatiabhola.com\/?p=5939"},"modified":"2026-05-24T23:48:30","modified_gmt":"2026-05-24T23:48:30","slug":"rbi-circular-84-2026-dated-18-05-2026-amendments-to-rbi-small-finance-banks-classification-valuation-and-operation-of-investment-portfolio-directions","status":"publish","type":"post","link":"https:\/\/bhatiabhola.com\/index.php\/blog\/2026\/05\/24\/rbi-circular-84-2026-dated-18-05-2026-amendments-to-rbi-small-finance-banks-classification-valuation-and-operation-of-investment-portfolio-directions\/","title":{"rendered":"RBI Circular 84\/2026 Dated 18\/05\/2026 &#8211; Amendments to RBI Small Finance Banks Classification, Valuation, and Operation of Investment Portfolio Directions\u00a0"},"content":{"rendered":"\n<p>RBI has mandated that SFBs must create Investment Fluctuation Reserve (IFR) out of realised gains on sale of investments, subject to availability of net profit, until the reserve reaches at least 2% of the Available for Sale (AFS) and Fair Value Through Profit and Loss (FVTPL), including Held for Trading (HFT), investment portfolio. The minimum requirement will be assessed annually based on the portfolio value as on the balance sheet date. The transfers to IFR must be made only from net profit after mandatory appropriations.\u00a0<\/p>\n\n\n\n<p><a href=\"https:\/\/rbidocs.rbi.org.in\/rdocs\/Notification\/PDFs\/NT84C533D9C069AF4F4AB19B3D56CB48CDBC.PDF\"><em>(Link:&nbsp;RBI Circular 84\/2026 Dated 18\/05\/2026)<\/em><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>RBI has mandated that SFBs must create Investment Fluctuation Reserve (IFR) out of realised gains on sale of investments, subject [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"enabled":false},"version":2}},"categories":[72,77],"tags":[],"class_list":["post-5939","post","type-post","status-publish","format-standard","hentry","category-rbi","category-circulars-rbi"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.2 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>RBI Circular 84\/2026 Dated 18\/05\/2026 - Amendments to RBI Small Finance Banks Classification, Valuation, and Operation of Investment Portfolio Directions\u00a0 - Bhatia Bhola &amp; 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