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REGD. No. D. L.-33004/99
The Gazette of India
CG-DL-E-10122025-268392
EXTRAORDINARY
PART II—Section 3—Sub-section (i)
PUBLISHED BY AUTHORITY
No. 804]
NEW DELHI, WEDNESDAY, DECEMBER 10, 2025/AGRAHAYANA 19, 1947
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.
(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.
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 |
+----+-------------------+---------------------+
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