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RBI Circulars & Updates

Latest RBI circulars, master directions, monetary policy decisions and Ombudsman updates, explained for banks, NBFCs, CAs and customers.

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Frequently asked questions

What is the role of the Reserve Bank of India?
The RBI, established on 1 April 1935, is India's central bank. It conducts monetary policy through the Monetary Policy Committee, regulates and supervises banks and NBFCs, manages foreign exchange under FEMA, and oversees payment systems.
How do I complain against a bank under the RBI Ombudsman scheme?
First complain to the bank or regulated entity. If it does not reply within 30 days, or you are not satisfied with the reply, file a complaint on the RBI's Complaint Management System (cms.rbi.org.in), by email, or by post. The toll-free helpline is 14448.
What changed under the RBI Integrated Ombudsman Scheme, 2026?
The Reserve Bank – Integrated Ombudsman Scheme, 2026 came into force on 1 July 2026. Complaints must now be filed within 90 days of the regulated entity's response deadline or its last reply, instead of one year. The Ombudsman can award up to ₹30 lakh for consequential loss and up to ₹3 lakh for harassment and expenses.
Where are RBI circulars and master directions published?
Notifications, circulars and master directions are published on the RBI website (rbi.org.in). Master directions consolidate the instructions on a subject and are updated as new circulars are issued.
How can White Collar Professional help with a RBI or banking matter?
Post your requirement on White Collar Professional to receive proposals from verified Chartered Accountants, Company Secretaries and banking Advocates, compare them, and pay securely through the platform. This page also tracks the latest RBI or banking RBI circulars and updates as they are reported.