**Executive Summary**
This document is a notification from the Ministry of Finance amending the Banking Regulation (Companies) Rules, 1949. The amendments are made under the authority of Section 52 of the Banking Regulation Act, 1949, and after consultation with the Reserve Bank of India. These rules are effective December 15, 2025.
**Key Points / Main Content**
* **General Amendments:**
* The rules are called the Banking Regulation (Companies) Amendment Rules, 2025.
* They come into force on December 15, 2025.
* **Rule 2 Amendments:**
* In rule 2, sub-rule (1), clause (f), sub-clause (iv) is omitted.
* In rule 2A, the words "subsidiary bank" and "a subsidiary bank” are omitted.
* **Rule 15B Amendment:**
* Rule 15B is omitted.
* **Form VIII Amendments:**
* Under the heading “As at the close of business on", the terms relating to alternate Fridays are replaced with "15th day of the month" and "Last day of the month".
* In Part A, in clause I, in sub-clause (a), in item (i), the words "subsidiary banks" are omitted.
* In Part A, in clause II, the list of Development Banks is updated to: “Exim Bank, National Bank, National Housing Bank, Small Industries Bank, National Bank for Financing Infrastructure and Development and other development financial institution as defined in section 2 (cccii) of the Reserve Bank of India Act, 1934"
* In Part A, in clause V, in sub-clause (a), in item (i), the words "subsidiary banks" are omitted.
* In Part B, for clause VIII, "(3 per cent of VII as on the last Friday of the second preceding fortnight)" is replaced with “(Such per cent of VII, as on the last day of the second preceding fortnight, as notified by the Reserve Bank)".
* In Part C, in clause XI, “(25 per cent or such other specified percentage of VII as on the last Friday of the second preceding fortnight)” is replaced with "(Such per cent of VII, as on the last day of the second preceding fortnight, as notified by the Reserve Bank)".
* In Part C, in clause XIII, after sub-clause (h), a new sub-clause is added: "(i) Amount deposited with the Reserve Bank, under Standing Deposit Facility Scheme.”
* **Form X Amendments:**
* In the heading, "Friday" is replaced with "day".
* In Part I, in item A.4, sub-items 4.1.3 and 4.3.1 are omitted.
* In Part I, in item B, sub-item 3.2 is omitted.
* After Part III, in Note 1, "Friday" is replaced with "day".
* After Part III, in Note 4, “concerned Friday" is replaced with "the last day of a month".
**Impact Analysis**
**Ministry of Finance**
* **Impact:** Responsible for implementing and enforcing the amended rules.
* **Action Required:** Ensure the amended rules are properly disseminated and understood by relevant stakeholders.
**Reserve Bank of India**
* **Impact:** Consulted in the amendment process and responsible for notification regarding percentages related to reserves.
* **Action Required:** Adjust reporting and oversight mechanisms to reflect the updated rules, particularly regarding reserve requirements.
**Banking Companies**
* **Impact:** Must comply with the amended regulations regarding Banking Regulation (Companies) Rules, 1949.
* **Action Required:** Review and update internal policies, reporting procedures, and compliance programs to align with the new regulations. This includes changes to how certain balances are calculated and reported in Form VIII and Form X.
Key Entities Referenced
Banking Regulation Act, 1949: The primary law being amended; provides the legal foundation for the regulations.
Banking Regulation (Companies) Rules, 1949: The main rules which are being amended by this notification.
Reserve Bank of India: Mentioned as consulted by the Central Government in making the amendment.
Ministry of Finance: The ministry issuing the notification.
रजिस्ट्री स.ं डी.एल.- 33004/99 REGD. No. D. L.-33004/99
सी.जी.-डी.एल.-अ.-10122025-268392
CG-DxLx-xEG-I1D0H1x2x2x0 25-268392
xxxGIDExxx
असाधारण
EXTRAORDINARY
भाग II—खण् ड 3—उप-खण्ड (i)
PART II—Section 3—Sub-section (i)
प्राजधकार स ेप्रकाजित
PUBLISHED BY AUTHORITY
स.ं 804] नई दिल्ली, बुधिार, दिसम्ब र 10, 2025/अग्रहायण 19, 1947
No. 804] NEW DELHI, WEDNESDAY, DECEMBER 10, 2025/AGRAHAYANA 19, 1947
जित्त मत्रं ालय
(जित्तीय सिे ाए ं जिभाग)
अजधसचू ना
नई दिल्ली, 10 दिसम् बर, 2025
सा.का.जन. 890(अ).— केन्द्रीय सरकार, बैंककारी जिजनयमन अजधजनयम, 1949 (1949 का 10) की धारा 52
द्वारा प्रित्त िजियों का प्रयोग करते हुए, भारतीय ररिि वबैंक से परामिव करने के पश्चात्, बैंककारी जिजनयमन (कंपनी) जनयम,
1949 का और संिोधन करने के जलए, जनम्नजलजखत जनयम बनाती ह,ै अर्ावत्:-
1. सजं िप्त नाम और प्रारंभ- (1) इन जनयमों का संजिप्त नाम बकैं कारी जिजनयमन (कंपनी) संिोधन जनयम, 2025 ह ै।
(2) य े15 दिसंबर, 2025 को प्रिृत्त होंगे ।
2. बैंककारी जिजनयमन (कंपनी) जनयम, 1949 (जिसे इसमें इसके पश्चात् उि जनयम कहा गया ह)ै के जनयम 2 में उपजनयम
(1) के खंड (च) के उपखंड (iv) का लोप दकया िाएगा ।
3. उि जनयमों म,ें-
(i) जनयम 2क म,ें “समनुषगं ी बकैं ” और “कोई समनुषगं ी बैंक” िब्िों का लोप दकया िाएगा ।
8328 GI/2025 (1)2 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC. 3(i)]
(ii) जनयम 15ख का लोप दकया िाएगा ।
(iii) प्ररूप 8 म,ें -
(क) “जनम्नजलजखत को कारबार के बंि होने पर” िीषव के नीचे “पहला एकांतर िुक्रिार+”, “िसू रा एकांतर िुक्रिार+” और
“तीसरा एकांतर िुक्रिार+” के स्ट्र्ान पर जनम्नजलजखत रखा िाएगा, अर्ातव ्:-
“महीने का 15िां दिन@” और “महीने का अंजतम दिन@”;
(ख) भाग क म,ें -
(i) खडं 1 के उपखंड (क) की मि (i) में, “समनषु ंगी बैंक” िब्िों का लोप दकया िाएगा ।
(ii) खंड 2 में, “भारतीय औद्योजगक जिकास बैंक, भारतीय जनयावत आयात बैंक, ऱाष्ट्रीय कृजष और ग्रामीण जिकास बैंक”
िब्िों के स्ट्र्ान पर, “एजजिम बैंक, राष्ट्रीय बैंक, राष्ट्रीय आिास बैंक, लघु उद्योग बैंक, राष्ट्रीय जित्तीय अिसंरचना
और जिकास बैंक, और भारतीय ररििव बैंक अजधजनयम, 1934 की धारा 2(गगगii) में यर्ा पररभाजषत अन्द्य जिकास
जित्तीय संस्ट्र्ाए”ं िब्ि, कोष्ठक, अंक और अिर रखे िाएंग े ।
(iii) खंड 5 के उपखडं (क) की मि (i) में, “समनषु ंगी बैंक” िब्िों का लोप दकया िाएगा ।
(ग) भाग ख के खंड 8 में, "(जपछल े िसू रे पखिाड े के अंजतम िक्रु िार को 7 का 3 प्रजतित)" कोष्ठक, अंक और िब्िों के
स्ट्र्ान पर "(जपछल े िसू रे पखिाडे के अंजतम दिन 7 का ऐसा प्रजतित, िो ररििव बैंक द्वारा अजधसूजचत दकया िाए)" कोष्ठक,
अंक और िब्ि रख े िाएंगे ।
(घ) भाग ग में,-
(क) खडं 11 म,ें "(जपछल े िसू रे पखिाडे के अंजतम िुक्रिार को 25 प्रजतित या 7 का ऐसा अन्द्य जिजनर्िवष्ट प्रजतितता)"
कोष्ठकों, अंकों और िब्िों के स्ट्र्ान पर, "(जपछले िसू रे पखिाड े के अंजतम दिन को 7 का ऐसा प्रजतित, िो ररिि व बैंक द्वारा
अजधसूजचत दकया िाए)" कोष्ठक, अंक और िब्ि रखे िाएगं े ।
(ख) खडं 13 म,ें -
(i) उपखकंड (ि) के पश्चात ्जनम्नजलजखत उपखंड अंतःस्ट्र्ाजपत दकया िाएगा, अर्ावत:् -
“(झ) स्ट्र्ायी जनिेप सुजिधा स्ट्कीम के अधीन ररििव बैंक में जनजिप्त रकम।
(ii) इस प्रकार अतं ःस्ट्र्ाजपत खंड (झ) के पश्चात्, "(क) से (ि) तक का योग" कोष्ठकों, िब्िों और अिरों के स्ट्र्ान पर, "(क)
स े (झ) तक का योग" कोष्ठक, िब्ि और अिर रखे िाएंग े ।
(ङ) रिप्पण म,ें -
(i) "समनुषगं ी बैंक" िब्िों का लोप दकया िाएगा ।
(ii) "िुक्रिार" िब्ि के स्ट्र्ान पर " माह का 15िां या अंजतम दिन" अंक और िब्ि रखे िाएंगे।
(iv) प्ररूप 10 म,ें -
(क) िीषव म,ें "िुक्रिार" िब्ि के स्ट्र्ान पर, "दिन" िब्ि रखा िाएगा।
(ख) भाग 1 की मि क.4 म,ें -
(i) उपमि 4.1.3 का लोप दकया िाएगा ।[भाग II—खण् ड 3(i)] भारत का रािपत्र : असाधारण 3
(ii) उपमि 4.3.1 का लोप दकया िाएगा ।
(iii) मि ख म,ें उपमि 3.2 का लोप दकया िाएगा।
(ग) भाग 3 के पश्चात,् रिप्पणों म,ें -
(i) रिप्पण 1 म,ें "िुक्रिार" िब्ि के स्ट्र्ान पर, "दिन" िब्ि रखा िाएगा।
(ii) रिप्पण 4 म,ें "संबंजधत िुक्रिार" िब्िों के स्ट्र्ान पर, "माह का अंजतम दिन" िब्ि रखे िाएगं े।
[फा. सं. 7/19/2023- भाग(1)-बीओए-1]
िाजलनी पंजडत, संयुज त सजचि
रिप्पण: मलू जनयम भारत के रािपत्र, भाग 1, खडं 1, म ें सा.का.जन. सं. एफ.4(55)-एफ-1/49, तारीख 26 माच,व 1949
द्वारा प्रकाजित दकए गए र् ेऔर उसके पश्चात ्जित्त मंत्रालय की जनम्नजलजखत अजधसूचना द्वारा संिोजधत दकए गए:-
क्र.सं. अजधसूचना सं. तारीख
1. एफ4(93)-एफ.1/50 20 अप्रलै , 1951
2. डी.6037-एफ.1/52 17 निंबर, 1952
3. एफ.4(6)-एफ.1/54 24 निंबर, 1954
4. एफ.4(86)-बीसी/10 23 िून, 1961
5. एफ.16(1(-बीसी/63 20 मई, 1964
6. एफ16(6)-बीसी/64 3 िुलाई, 1965
7. एफ.16(1)-बीसी/69 1 फरिरी, 1969
8. एफ.3/4/74-बीओ.1 15 निंबर. 1975
9. एफ.1/16/84-बीओ.1 29 माचव, 1985
MINISTRY OF FINANCE
(Department of Financial Services)
NOTIFICATION
New Delhi, the 10th December, 2025
G.S.R. 890(E).—In exercise of the powers conferred by section 52 of the Banking Regulation Act, 1949
(10 of 1949), and after consultation with the Reserve Bank of India, the Central Government hereby makes the following
rules further to amend the Banking Regulation (Companies) Rules, 1949, namely: —
1. Short title and commencement. — (1) These rules may be called the Banking Regulation (Companies)
Amendment Rules, 2025.
(2) They shall come into force on the 15th day of December, 2025.
2. In the Banking Regulation (Companies) Rules, 1949 (hereinafter referred to as the ‘said rules’), in rule 2, in
sub-rule (1), in clause (f), sub-clause (iv)shall be omitted.
3. In the said rules, –
(i) in rule 2A, the words “subsidiary bank” and “a subsidiary bank” shall be omitted.
(ii) rule 15B shall be omitted.4 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC. 3(i)]
(iii) in the FORM VIII, –
(a) under the heading “As at the close of business on”, for “First alternate Friday@”, “Second alternate
Friday@” and “Third alternate Friday@”, the following shall be substituted, namely: -
“15th day of the month@” and “Last day of the month@,”;
(b) in PART A,
(i) in clause I, in sub-clause (a), in item (i), the words “subsidiary banks” shall be omitted.
(ii) in clause II, for the words “Industrial Development Bank of India, Export Import Bank of
India and National Bank for Agriculture and Rural Development”, the words, brackets,
letters and figures “Exim Bank, National Bank, National Housing Bank, Small Industries
Bank, National Bank for Financing Infrastructure and Development and other development
financial institution as defined in section 2 (cccii) of the Reserve Bank of India Act, 1934”
shall be substituted.
(iii) in clause V, in sub-clause (a), in item (i), the words “subsidiary banks” shall be omitted.
(c) in PART B, for clause VIII, for the brackets, figure and words “(3 per cent of VII as on the last Friday
of the second preceding fortnight)” the brackets, figure and words “(Such per cent of VII, as on the
last day of the second preceding fortnight, as notified by the Reserve Bank)” shall be substituted.
(d) in PART C, –
(a) in clause XI, for the brackets, figures and words “(25 per cent or such other specified percentage
of VII as on the last Friday of the second preceding fortnight)” the brackets, figures and words
“(Such per cent of VII, as on the last day of the second preceding fortnight, as notified by the
Reserve Bank)” shall be substituted.
(b) in clause XIII, –
(i) after sub-clause (h), the following sub-clause shall be inserted, namely: -
“(i) Amount deposited with the Reserve Bank, under Standing Deposit Facility Scheme.”
(ii) after clause (i), so as inserted, for the brackets, words and letters “Total of (a) to (h)”,
the brackets, words and letters “Total of (a) to (i)” shall be substituted.
(e) in the note, –
(i) the words “Subsidiary banks” shall be omitted.
(ii) for the word “Friday” the figures, letter and words “15th or the last day of month” shall be
substituted.
(iv) in FORM X, –
(a) in the heading, for the word “Friday”, the word “day” shall be substituted.
(b) in PART I, in item A.4, –
(i) sub-item 4.1.3, shall be omitted.
(ii) sub-item 4.3.1, shall be omitted.
(iii) in item B, sub-item 3.2 shall be omitted.
(c) after PART III, in the Notes, –
(i) in the Note 1, for the word “Friday”, the word “day” shall be substituted.
(ii) in the Note 4, for the words “concerned Friday”, the words “the last day of a month” shall be
substituted.
[F. No. 7/19/2023 (Part-I)-BOA-I]
SHALINI PANDIT, Jt. Secy.[भाग II—खण् ड 3(i)] भारत का रािपत्र : असाधारण 5
Note: The principal rules were published in the Gazette of India, Part 1, Section 1 vide Notification No. F.4(55)-F-1/49
dated 26th March, 1949 and subsequently amended vide the Ministry of Finance Notifications listed below: —
Sl. Notification No. Date
No.
1. F.4(93)-F.1/50 20th April, 1951
2. D.6037-F.1/52 17th November, 1952
3. F.4(6)-F .1/54 24th November, 1954
4. F.4(86)-BC/10 23rd June, 1961
5. F.16(1)-BC/63 20th May, 1964
6. F.16(6)-BC/64 3rd July, 1965
7. F.16(1)-BC/69 1st February, 1969
8. F.3/4/74-BO.1 15th November, 1975
9. F.1/16/84-B.O.I 29th March, 1985
Uploaded by Dte. of Printing at Government of India Press, Ring Road, Mayapuri, New Delhi-110064
and Published by the Controller of Publications, Delhi-110054.