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

Reserve Bank of India [Conduct of Government Business by Agency Banks (ABs) – Payment of Agency Commission and Oversight of ABs] Directions, 2026

30-Apr-2026 | RBI/DGBA/2026-27/400 CO.DGBA.GBD.No.S44/31.02.007/2026-27

RBI has issued the RBI [Conduct of Government Business by Agency Banks (ABs) – Payment of Agency Commission and Oversight of ABs] Directions, 2026.

Key highlights are as follows:
1. Any eligible bank that intends to handle Government business will be appointed as an AB upon execution of an agreement with the RBI. The guidelines/ framework for authorising an eligible bank as an AB are as specified in the document.
2. Applicability: The Directions apply to all Agency Banks (ABs).
3. The activities do not come under the purview of AB business and are, therefore, not eligible for agency commission are specified in the document.
4. The framework establishes a uniform system for agency commission payments, reporting mechanisms, and oversight of banks handling Government transactions.

For More Details Kindly Refer the Attached PDF.

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