Master Direction â€“ Prudential Norms on Capital Adequacy for Local Area Banks (Directions), 2021

Posted Date : 27-Oct-2021 , 07:51:10 am | Posted By CASANSAAR print

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The Reserve Bank of India has, from time to time, issued several guidelines / instructions / directives to Local Area Banks on Prudential Norms on Capital Adequacy.

2. To enable Local Area Banks to have current instructions at one place, a Master Direction, incorporating all the existing guidelines / instructions / directives on the subject, has been prepared for reference of the banks.

3. This Direction has been issued by RBI in exercise of its powers conferred under Section 35A of the Banking Regulation Act 1949 and in exercise of all the powers enabling it in this behalf.

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