The Reserve Bank of India has issued third amendment directions for regional rural banks regarding customer protection in unauthorized electronic banking transactions.
RBI Issues Third Amendment for Regional Rural Banks
On June 24, 2026, the Reserve Bank of India (RBI) published the 'RBI (Regional Rural Banks - Responsible Business Conduct) Third Amendment Directions, 2026', which aim to enhance customer protection standards in electronic banking transactions.
The amendment focuses on limiting the liability of customers in unauthorized electronic banking transactions, underscoring the RBI's commitment to customer security amidst the digital banking landscape.
Regional rural banks must review these directives closely to ensure their practices align with the latest customer protection regulations.
Citations
- RBI Third Amendment Directions (2026) Volume 1 Page 1
