RBI Notifies Fresh IRAC Guidelines; Old Framework Replaced with Amendments | Biz Flow Kit
RBI Notifies Fresh IRAC Guidelines; Old Framework Replaced with Amendments The Reserve Bank of India has issued the final Directions on asset classification, provisioning, and income recognition for commercial banks on April 27, 2026. These directions follow the draft framework released on October 7, 2025, which invited stakeholder feedback. After examining the responses, the RBI…
