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The Reserve Bank had, on February 10, 2026, issued draft Amendment Directions proposing review of lending norms for UCBs, seeking feedback from stakeholders. The draft Amendment Directions proposed, inter alia, to rationalise the definition of unsecured advances, enhance single and aggregate unsecured advances limits, enhance the lending limit to nominal members for purchase of consumer durables, and allow certain discretions to Tier 3 and Tier 4 UCBs with regard to housing loans. Further, certain disclosure requirements were also proposed for the UCBs. 2. Feedback received on the above draft Directions has been examined and the consequent modifications, have been suitably incorporated in the Final Amendment Directions. A statement on the feedback received for the draft Amendment Directions is provided in the Annex. 3. Accordingly, the Reserve Bank of India has today issued the following Amendment Directions: (ii) Reserve Bank of India (Urban Co-operative Banks – Credit Facilities) – Amendment Directions, 2026 (Brij Raj) Press Release: 2026-2027/171 |
