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Corporate Laws Central Ministry of Finance Reserve Bank of India Act, 1934

RBI issues Reserve Bank of India (All India Financial Institutions – Fraud Risk Management) Directions, 2026

31-Jul-2026 | RBI/DoS/2026-27/457 DoS.CO.FMG.51/23.04.001/2026-27

RBI has issued Reserve Bank of India (All India Financial Institutions – Fraud Risk Management) Directions, 2026 with effect from 31st July, 2026 Key highlights are as follows: 1. The Direction is issued with a view to providing a framework for prevention, early detection, and timely reporting of incidents of fraud by All India Financial Institutions to Law Enforcement Agencies (LEAs) and Reserve Bank of India (‘RBI’) and dissemination of information by RBI and matters connected therewith or incidental thereto. 2. These Directions shall be applicable to All India Financial Institutions (AIFIs) 3. The AIFI should put in place a Board approved policy on Fraud Risk Management delineating roles and responsibilities of Board / Board Committees and Senior Management of the AIFI 4. The Policy shall also incorporate measures for ensuring compliance with principles of natural justice in a time-bound manner 5. The AIFI shall have a framework for EWS and Red Flagging of Accounts (RFA) under the overall Fraud Risk Management Policy approved by the Board. For more information, please refer the attached pdf.

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